Bradley Foster & Sargent Inc. CT Has $376,000 Holdings in Coterra Energy Inc. (NYSE:CTRA)

Bradley Foster & Sargent Inc. CT lessened its position in shares of Coterra Energy Inc. (NYSE:CTRA) by 34.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,721 shares of the company’s stock after selling 7,648 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Coterra Energy were worth $376,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. City State Bank acquired a new stake in shares of Coterra Energy during the 4th quarter worth approximately $26,000. AdvisorNet Financial Inc grew its holdings in shares of Coterra Energy by 192.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,131 shares of the company’s stock worth $29,000 after purchasing an additional 744 shares in the last quarter. MCF Advisors LLC grew its holdings in shares of Coterra Energy by 230.5% during the 4th quarter. MCF Advisors LLC now owns 1,246 shares of the company’s stock worth $32,000 after purchasing an additional 869 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Coterra Energy during the 4th quarter worth approximately $32,000. Finally, Values First Advisors Inc. acquired a new stake in shares of Coterra Energy during the 3rd quarter worth approximately $57,000. Institutional investors and hedge funds own 87.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Mizuho boosted their price target on Coterra Energy from $37.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. The Goldman Sachs Group boosted their price target on Coterra Energy from $33.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Morgan Stanley boosted their price target on Coterra Energy from $27.00 to $29.00 and gave the company an “equal weight” rating in a research note on Thursday, November 14th. Wells Fargo & Company boosted their price target on Coterra Energy from $32.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Finally, UBS Group boosted their price target on Coterra Energy from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Three analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.42.

Insider Transactions at Coterra Energy

In other news, SVP Kevin William Smith sold 29,643 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $26.16, for a total transaction of $775,460.88. Following the completion of the sale, the senior vice president now owns 77,075 shares in the company, valued at $2,016,282. The trade was a 27.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.70% of the stock is currently owned by corporate insiders.

Coterra Energy Trading Down 2.2 %

CTRA stock opened at $28.16 on Friday. The company has a market cap of $20.74 billion, a P/E ratio of 16.96, a PEG ratio of 0.59 and a beta of 0.26. Coterra Energy Inc. has a twelve month low of $22.30 and a twelve month high of $29.95. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average of $27.17 and a 200-day moving average of $25.39.

About Coterra Energy

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. The company’s properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma.