S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close

Glenmede Trust Co. NA Acquires 4,130 Shares of Coterra Energy Inc. (NYSE:CTRA)

Glenmede Trust Co. NA increased its holdings in Coterra Energy Inc. (NYSE:CTRA - Get Rating) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,133,859 shares of the company's stock after acquiring an additional 4,130 shares during the period. Glenmede Trust Co. NA owned about 0.14% of Coterra Energy worth $29,616,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CTRA. International Assets Investment Management LLC lifted its stake in Coterra Energy by 4.1% in the second quarter. International Assets Investment Management LLC now owns 8,777 shares of the company's stock valued at $226,000 after purchasing an additional 345 shares during the last quarter. Montis Financial LLC lifted its stake in Coterra Energy by 2.9% in the third quarter. Montis Financial LLC now owns 12,481 shares of the company's stock valued at $326,000 after purchasing an additional 356 shares during the last quarter. Personal CFO Solutions LLC lifted its stake in Coterra Energy by 4.2% in the third quarter. Personal CFO Solutions LLC now owns 9,459 shares of the company's stock valued at $247,000 after purchasing an additional 385 shares during the last quarter. SevenBridge Financial Group LLC lifted its stake in Coterra Energy by 4.2% in the third quarter. SevenBridge Financial Group LLC now owns 9,820 shares of the company's stock valued at $256,000 after purchasing an additional 400 shares during the last quarter. Finally, Sky Investment Group LLC lifted its stake in Coterra Energy by 4.6% in the third quarter. Sky Investment Group LLC now owns 9,210 shares of the company's stock valued at $241,000 after purchasing an additional 401 shares during the last quarter. 94.72% of the stock is owned by institutional investors.

Insider Activity


In other news, Director Hans Helmerich sold 5,000 shares of the firm's stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $27.64, for a total transaction of $138,200.00. Following the transaction, the director now directly owns 225,755 shares of the company's stock, valued at $6,239,868.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CTRA. Morgan Stanley dropped their price objective on Coterra Energy from $31.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Bank of America upgraded Coterra Energy from an "underperform" rating to a "neutral" rating and dropped their target price for the stock from $30.00 to $29.00 in a research report on Friday, January 6th. Truist Financial downgraded Coterra Energy from a "buy" rating to a "hold" rating and set a $26.00 target price on the stock. in a research report on Monday, December 12th. Jefferies Financial Group assumed coverage on Coterra Energy in a research report on Wednesday, October 19th. They set a "hold" rating and a $32.00 target price on the stock. Finally, Stifel Nicolaus assumed coverage on Coterra Energy in a research report on Tuesday, October 25th. They set a "buy" rating and a $40.00 target price on the stock. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $32.20.

Coterra Energy Price Performance

CTRA traded down $0.44 during trading on Tuesday, reaching $25.34. The stock had a trading volume of 2,257,367 shares, compared to its average volume of 8,203,831. The stock has a market cap of $19.98 billion, a PE ratio of 5.21, a PEG ratio of 0.13 and a beta of 0.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.62 and a current ratio of 1.66. Coterra Energy Inc. has a one year low of $19.26 and a one year high of $36.55. The business has a 50-day moving average of $25.56 and a 200-day moving average of $27.79.

Coterra Energy (NYSE:CTRA - Get Rating) last released its earnings results on Thursday, November 3rd. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.34 by $0.05. The business had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.43 billion. Coterra Energy had a return on equity of 29.82% and a net margin of 44.15%. As a group, equities research analysts anticipate that Coterra Energy Inc. will post 4.87 EPS for the current fiscal year.

Coterra Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 30th. Stockholders of record on Wednesday, November 16th were paid a dividend of $0.68 per share. This is a boost from Coterra Energy's previous quarterly dividend of $0.15. This represents a $2.72 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date was Tuesday, November 15th. Coterra Energy's dividend payout ratio (DPR) is 12.12%.

About Coterra Energy

(Get Rating)

Coterra Energy Inc, an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania.

Featured Articles

Institutional Ownership by Quarter for Coterra Energy (NYSE:CTRA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Coterra Energy right now?

Before you consider Coterra Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coterra Energy wasn't on the list.

While Coterra Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report
13 Stocks Institutional Investors Won't Stop Buying Cover

Featured Articles and Offers

Search Headlines: