Toronto Dominion Bank acquired a new stake in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,264,915 shares of the company's stock, valued at approximately $13,661,000. Toronto Dominion Bank owned 3.32% of Nabors Energy Transition Corp. II at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quarry LP acquired a new position in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $128,000. Geode Capital Management LLC boosted its position in Nabors Energy Transition Corp. II by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock valued at $326,000 after purchasing an additional 2,194 shares during the period. Centiva Capital LP acquired a new position in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $1,959,000. Mizuho Securities USA LLC acquired a new position in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $2,954,000. Finally, Bulldog Investors LLP boosted its position in Nabors Energy Transition Corp. II by 14.0% during the 4th quarter. Bulldog Investors LLP now owns 281,360 shares of the company's stock valued at $3,043,000 after purchasing an additional 34,454 shares during the period. Institutional investors and hedge funds own 75.52% of the company's stock.
Nabors Energy Transition Corp. II Price Performance
NASDAQ:NETD opened at $11.03 on Tuesday. Nabors Energy Transition Corp. II has a 12-month low of $10.51 and a 12-month high of $11.10. The firm has a market capitalization of $420.52 million, a P/E ratio of 50.14 and a beta of -0.02. The business has a 50 day simple moving average of $10.99 and a 200 day simple moving average of $10.88.
Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter.
Nabors Energy Transition Corp. II Profile
(
Free Report)
Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.
See Also
Want to see what other hedge funds are holding NETD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report).
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