Matador Resources Co (MTDR) Shares Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC lifted its position in Matador Resources Co (NYSE:MTDR) by 27.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,000 shares of the energy company’s stock after acquiring an additional 21,275 shares during the period. Matador Resources makes up approximately 1.8% of Lisanti Capital Growth LLC’s holdings, making the stock its 7th biggest holding. Lisanti Capital Growth LLC’s holdings in Matador Resources were worth $3,082,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Advisor Group Inc. raised its position in shares of Matador Resources by 164.4% in the 3rd quarter. Advisor Group Inc. now owns 4,386 shares of the energy company’s stock valued at $119,000 after acquiring an additional 2,727 shares during the period. Fortaleza Asset Management Inc. acquired a new stake in shares of Matador Resources in the 3rd quarter valued at approximately $167,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Matador Resources by 36.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,013 shares of the energy company’s stock valued at $187,000 after acquiring an additional 1,617 shares during the period. Strs Ohio raised its position in shares of Matador Resources by 125.9% in the 4th quarter. Strs Ohio now owns 6,100 shares of the energy company’s stock valued at $189,000 after acquiring an additional 3,400 shares during the period. Finally, Creative Planning acquired a new stake in shares of Matador Resources in the 4th quarter valued at approximately $201,000. Institutional investors and hedge funds own 85.70% of the company’s stock.

Shares of Matador Resources Co (NYSE MTDR) opened at $28.26 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.58. Matador Resources Co has a fifty-two week low of $20.13 and a fifty-two week high of $33.96. The stock has a market cap of $3,191.59, a P/E ratio of 14.26, a PEG ratio of 0.74 and a beta of 1.20.

In other Matador Resources news, Director David M. Posner acquired 1,035 shares of the stock in a transaction dated Monday, December 4th. The shares were bought at an average cost of $28.92 per share, for a total transaction of $29,932.20. Following the completion of the acquisition, the director now directly owns 6,274 shares of the company’s stock, valued at $181,444.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 11.90% of the stock is owned by company insiders.

A number of analysts recently weighed in on MTDR shares. Mizuho set a $28.00 price target on shares of Matador Resources and gave the company a “hold” rating in a research report on Saturday, November 25th. Imperial Capital increased their price target on shares of Matador Resources from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Northland Securities set a $35.00 price target on shares of Matador Resources and gave the company a “buy” rating in a research report on Monday, November 13th. Royal Bank of Canada increased their price target on shares of Matador Resources from $29.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 13th. Finally, Barclays increased their price target on shares of Matador Resources from $25.00 to $28.00 and gave the company an “equal weight” rating in a research report on Monday, November 20th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Matador Resources has an average rating of “Buy” and an average target price of $31.81.

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Matador Resources Company Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

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Institutional Ownership by Quarter for Matador Resources (NYSE:MTDR)

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