Oxford Asset Management LLP Invests $514,000 in SM Energy (NYSE:SM)

Oxford Asset Management LLP bought a new position in shares of SM Energy (NYSE:SM - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 13,265 shares of the energy company's stock, valued at approximately $514,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SM. R Squared Ltd acquired a new position in shares of SM Energy in the 4th quarter valued at about $61,000. Global Retirement Partners LLC boosted its holdings in SM Energy by 51.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,179 shares of the energy company's stock worth $84,000 after acquiring an additional 736 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in SM Energy by 517.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,140 shares of the energy company's stock worth $159,000 after acquiring an additional 3,470 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in SM Energy by 64.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,730 shares of the energy company's stock worth $183,000 after acquiring an additional 1,854 shares in the last quarter. Finally, KBC Group NV boosted its holdings in SM Energy by 46.2% in the fourth quarter. KBC Group NV now owns 4,854 shares of the energy company's stock worth $188,000 after acquiring an additional 1,533 shares in the last quarter. 94.56% of the stock is owned by institutional investors and hedge funds.

Insider Activity at SM Energy

In other news, Director Barton R. Brookman, Jr. acquired 7,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of $32.36 per share, for a total transaction of $226,520.00. Following the purchase, the director now owns 14,666 shares of the company's stock, valued at approximately $474,591.76. The trade was a 91.31 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Williams Trading set a $41.00 price target on SM Energy in a report on Wednesday, March 5th. Wells Fargo & Company cut their price target on SM Energy from $45.00 to $33.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 25th. Raymond James cut their price target on SM Energy from $59.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, March 10th. Stephens lowered their price objective on SM Energy from $62.00 to $55.00 and set an "overweight" rating for the company in a research note on Tuesday, April 15th. Finally, StockNews.com downgraded SM Energy from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $44.00.

SM Energy Stock Performance

Shares of SM traded down $0.50 on Wednesday, reaching $22.76. 3,106,241 shares of the company's stock traded hands, compared to its average volume of 1,894,293. The company has a current ratio of 0.55, a quick ratio of 3.52 and a debt-to-equity ratio of 0.66. The stock has a market cap of $2.61 billion, a PE ratio of 3.41 and a beta of 3.75. The stock's 50 day simple moving average is $27.14 and its two-hundred day simple moving average is $36.38. SM Energy has a 52-week low of $19.67 and a 52-week high of $51.94.

SM Energy (NYSE:SM - Get Free Report) last issued its earnings results on Wednesday, February 19th. The energy company reported $1.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.09). The firm had revenue of $852.22 million during the quarter, compared to the consensus estimate of $849.44 million. SM Energy had a net margin of 28.63% and a return on equity of 19.82%. On average, analysts forecast that SM Energy will post 8.1 earnings per share for the current fiscal year.

SM Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Friday, April 18th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Thursday, April 17th. SM Energy's dividend payout ratio is currently 11.98%.

SM Energy Profile

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St.