Continental Resources, Inc. (NYSE:CLR) Position Held by Texas Capital Bancshares Inc. TX

Texas Capital Bancshares Inc. TX held its position in shares of Continental Resources, Inc. (NYSE:CLR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,718 shares of the oil and natural gas company’s stock at the end of the second quarter. Texas Capital Bancshares Inc. TX’s holdings in Continental Resources were worth $347,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLR. Mn Services Vermogensbeheer B.V. raised its stake in shares of Continental Resources by 5.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 2,430 shares of the oil and natural gas company’s stock valued at $103,000 after buying an additional 119 shares during the last quarter. Windward Capital Management Co. CA raised its stake in shares of Continental Resources by 2.7% in the first quarter. Windward Capital Management Co. CA now owns 164,293 shares of the oil and natural gas company’s stock valued at $7,462,000 after buying an additional 4,286 shares during the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in shares of Continental Resources during the first quarter valued at approximately $282,000. Capital Impact Advisors LLC raised its stake in shares of Continental Resources by 45.2% in the first quarter. Capital Impact Advisors LLC now owns 21,539 shares of the oil and natural gas company’s stock worth $978,000 after buying an additional 6,705 shares in the last quarter. Finally, Gateway Investment Advisers LLC raised its stake in shares of Continental Resources by 17.3% in the first quarter. Gateway Investment Advisers LLC now owns 287,039 shares of the oil and natural gas company’s stock worth $13,037,000 after buying an additional 42,351 shares in the last quarter. Institutional investors own 22.93% of the company’s stock.

Continental Resources, Inc. (CLR) opened at 32.84 on Friday. Continental Resources, Inc. has a 52-week low of $29.08 and a 52-week high of $60.30. The stock’s 50 day moving average price is $32.61 and its 200 day moving average price is $39.63. The firm’s market capitalization is $12.19 billion.

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A number of analysts have recently issued reports on the company. BidaskClub raised Continental Resources from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Barclays PLC set a $37.00 price target on Continental Resources and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Zacks Investment Research raised Continental Resources from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. Citigroup Inc. lowered their price target on Continental Resources from $60.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, July 21st. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $46.00 price objective on shares of Continental Resources in a research report on Thursday, July 20th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company’s stock. Continental Resources currently has an average rating of “Buy” and an average price target of $49.90.

In other Continental Resources news, CEO Harold Hamm acquired 36,452 shares of the firm’s stock in a transaction that occurred on Wednesday, May 24th. The stock was purchased at an average cost of $42.05 per share, for a total transaction of $1,532,806.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 76.97% of the company’s stock.

Continental Resources Company Profile

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Institutional Ownership by Quarter for Continental Resources (NYSE:CLR)

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