CHRD Chord Energy Corp

Wedge Capital Management L L P NC has acquired a new position in Chord Energy Corporation, purchasing 131,747 shares valued at approximately $13.09 million, representing a 0.23% ownership in the company. Institutional investors collectively hold 97.76% of Chord Energy's stock. The company recently reported strong quarterly earnings, beating analyst expectations, and announced a quarterly dividend of $1.30 per share, though its high payout ratio raises sustainability concerns.

Franklin Resources Inc. significantly reduced its stake in Chord Energy Corporation in the second quarter, selling over 27,000 shares and retaining a smaller position valued at $352,000. This comes as Chord Energy surpassed Q2 earnings estimates and reported a 17% year-over-year revenue increase. The company also announced a quarterly dividend, while institutional investors hold a substantial portion of its stock.

iSAM Funds UK Ltd disclosed a new position in Chord Energy Corporation (NASDAQ:CHRD), acquiring 10,901 shares valued at approximately $1.06 million in the second quarter. This move, alongside other significant institutional investments, means institutional and hedge funds now collectively own about 97.76% of the company's stock. Analysts currently rate Chord Energy a "Moderate Buy" with a consensus price target of $137.69, following a strong Q3 earnings report that surpassed estimates.

Hsbc Holdings PLC significantly increased its stake in Chord Energy Corporation by 211.6% in the second quarter, boosting its holdings to 111,522 shares valued at $10.84 million. This increase comes as Chord Energy reported strong quarterly earnings, beating analyst expectations with $2.35 EPS and $1.31 billion in revenue, and announced a quarterly dividend of $1.30 per share. Several other institutional investors have also adjusted their positions in Chord Energy, with a substantial 97.76% of the stock owned by institutions.

Rhumbline Advisers significantly reduced its stake in Chord Energy Corporation, selling 4,347 shares and retaining 160,169 shares valued at approximately $15.5 million. Despite this, institutional investors collectively hold 97.76% of the company. Chord Energy recently surpassed EPS and revenue estimates, announced a quarterly dividend, and director Samantha Holroyd increased her holdings.

Segall Bryant & Hamill LLC increased its stake in Chord Energy Corporation (NASDAQ:CHRD) by 6.2% in the second quarter, bringing its total ownership to 106,110 shares valued at over $10.27 million. Institutional investors collectively own approximately 97.76% of the company's stock. Chord Energy has reported strong financials, with quarterly EPS of $2.35 against an expected $2.24, and revenue of $1.31 billion, up 17% year-over-year.