Whiting Petroleum Corp (WLL) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado cut its stake in Whiting Petroleum Corp (NYSE:WLL) by 73.9% in the fourth quarter, Holdings Channel reports. The fund owned 14,153 shares of the oil and gas exploration company’s stock after selling 40,170 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Whiting Petroleum were worth $375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. State of Alaska Department of Revenue bought a new position in shares of Whiting Petroleum in the fourth quarter worth about $138,000. First Allied Advisory Services Inc. raised its stake in shares of Whiting Petroleum by 24.5% in the third quarter. First Allied Advisory Services Inc. now owns 30,619 shares of the oil and gas exploration company’s stock worth $170,000 after acquiring an additional 6,034 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its stake in shares of Whiting Petroleum by 19.9% in the second quarter. Dynamic Technology Lab Private Ltd now owns 46,738 shares of the oil and gas exploration company’s stock worth $258,000 after acquiring an additional 7,742 shares during the last quarter. National Planning Corp raised its stake in shares of Whiting Petroleum by 10.4% in the third quarter. National Planning Corp now owns 86,175 shares of the oil and gas exploration company’s stock worth $471,000 after acquiring an additional 8,150 shares during the last quarter. Finally, Gotham Asset Management LLC raised its stake in shares of Whiting Petroleum by 92.9% in the second quarter. Gotham Asset Management LLC now owns 26,616 shares of the oil and gas exploration company’s stock worth $147,000 after acquiring an additional 12,815 shares during the last quarter.

A number of equities research analysts recently weighed in on WLL shares. Credit Suisse Group started coverage on shares of Whiting Petroleum in a research note on Monday, December 11th. They set a “neutral” rating and a $29.00 price target for the company. Jefferies Group set a $29.00 price target on shares of Whiting Petroleum and gave the stock a “hold” rating in a research note on Tuesday, January 30th. Goldman Sachs Group raised shares of Whiting Petroleum from a “sell” rating to a “neutral” rating in a research note on Thursday, February 1st. Barclays boosted their price target on shares of Whiting Petroleum from $5.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, November 20th. Finally, ValuEngine downgraded shares of Whiting Petroleum from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $34.28.

Whiting Petroleum Corp (NYSE:WLL) opened at $23.33 on Monday. The stock has a market cap of $2,120.00, a P/E ratio of -3.25 and a beta of 3.33. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59. Whiting Petroleum Corp has a 1-year low of $15.88 and a 1-year high of $47.00.

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About Whiting Petroleum

Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

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Institutional Ownership by Quarter for Whiting Petroleum (NYSE:WLL)

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