Northern Trust Corp Takes $1.28 Million Position in Midstates Petroleum Company Inc. (MPO)

Northern Trust Corp acquired a new stake in shares of Midstates Petroleum Company Inc. (NYSE:MPO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 101,137 shares of the energy producer’s stock, valued at approximately $1,282,000.

Several other hedge funds have also recently made changes to their positions in MPO. Citigroup Inc. bought a new stake in Midstates Petroleum in the 2nd quarter valued at $1,047,000. New York State Common Retirement Fund bought a new stake in Midstates Petroleum in the 2nd quarter valued at $151,000. Nationwide Fund Advisors bought a new stake in Midstates Petroleum in the 2nd quarter valued at $438,000. Ameriprise Financial Inc. purchased a new position in shares of Midstates Petroleum in the 2nd quarter worth $216,000. Finally, TIAA CREF Investment Management LLC purchased a new position in shares of Midstates Petroleum in the 2nd quarter worth $524,000. Hedge funds and other institutional investors own 93.37% of the company’s stock.

In related news, major shareholder Centerbridge Credit Partners, sold 230,000 shares of Midstates Petroleum stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $16.00, for a total transaction of $3,680,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Cayman Gp Ltd. Cscp II sold 149,531 shares of Midstates Petroleum stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $16.00, for a total transaction of $2,392,496.00. The disclosure for this sale can be found here. Insiders sold a total of 1,268,231 shares of company stock valued at $20,343,415 over the last three months. Corporate insiders own 1.89% of the company’s stock.

Shares of Midstates Petroleum Company Inc. (NYSE:MPO) traded down $0.10 during trading hours on Wednesday, hitting $16.74. 148,300 shares of the company’s stock were exchanged, compared to its average volume of 110,306. Midstates Petroleum Company Inc. has a 1-year low of $10.87 and a 1-year high of $22.54. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.03 and a quick ratio of 2.03.

Separately, Noble Financial reissued a “hold” rating on shares of Midstates Petroleum in a research note on Thursday, November 16th.

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Midstates Petroleum Profile

Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.

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Institutional Ownership by Quarter for Midstates Petroleum (NYSE:MPO)

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