Janus Henderson Group PLC Buys 32,171 Shares of Viper Energy, Inc. (NASDAQ:VNOM)

Janus Henderson Group PLC increased its stake in shares of Viper Energy, Inc. (NASDAQ:VNOM - Free Report) by 17.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 220,936 shares of the oil and gas producer's stock after purchasing an additional 32,171 shares during the quarter. Janus Henderson Group PLC owned 0.10% of Viper Energy worth $10,846,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of VNOM. Raymond James Financial Inc. bought a new position in shares of Viper Energy during the 4th quarter valued at approximately $95,505,000. Freestone Grove Partners LP purchased a new position in Viper Energy during the 4th quarter valued at $19,469,000. T. Rowe Price Investment Management Inc. boosted its holdings in Viper Energy by 20.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,309,425 shares of the oil and gas producer's stock valued at $113,324,000 after acquiring an additional 389,473 shares during the period. Invesco Ltd. boosted its holdings in Viper Energy by 164.3% during the 4th quarter. Invesco Ltd. now owns 576,637 shares of the oil and gas producer's stock valued at $28,296,000 after acquiring an additional 358,487 shares during the period. Finally, FIL Ltd boosted its holdings in Viper Energy by 8.5% during the 4th quarter. FIL Ltd now owns 3,964,130 shares of the oil and gas producer's stock valued at $194,520,000 after acquiring an additional 310,890 shares during the period. Institutional investors own 87.72% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on VNOM. JPMorgan Chase & Co. dropped their price objective on Viper Energy from $49.00 to $47.00 and set an "overweight" rating for the company in a report on Wednesday, May 7th. Piper Sandler dropped their price objective on Viper Energy from $62.00 to $61.00 and set an "overweight" rating for the company in a report on Tuesday. Raymond James set a $52.00 price objective on Viper Energy in a report on Monday, April 21st. StockNews.com cut Viper Energy from a "hold" rating to a "sell" rating in a report on Wednesday, May 7th. Finally, Mizuho lowered their target price on Viper Energy from $56.00 to $54.00 and set an "outperform" rating for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $56.08.

Viper Energy Trading Up 0.6%

Shares of NASDAQ VNOM opened at $41.36 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 7.24 and a quick ratio of 7.24. The stock has a market capitalization of $8.81 billion, a P/E ratio of 17.75 and a beta of 1.05. Viper Energy, Inc. has a 1-year low of $34.71 and a 1-year high of $56.76. The business has a fifty day moving average price of $41.50 and a 200 day moving average price of $47.00.

Viper Energy (NASDAQ:VNOM - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The oil and gas producer reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.09. The firm had revenue of $245.00 million during the quarter, compared to analysts' expectations of $233.99 million. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. During the same period in the prior year, the business posted $0.49 EPS. Equities research analysts expect that Viper Energy, Inc. will post 2.02 EPS for the current fiscal year.

Viper Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, May 15th. Viper Energy's dividend payout ratio is currently 31.58%.

About Viper Energy

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.

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