Toth Financial Advisory Corp Sells 8,290 Shares of Expand Energy Corporation $EXE

Toth Financial Advisory Corp trimmed its position in Expand Energy Corporation (NASDAQ:EXE) by 87.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,150 shares of the company’s stock after selling 8,290 shares during the quarter. Toth Financial Advisory Corp’s holdings in Expand Energy were worth $122,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC purchased a new stake in shares of Expand Energy in the first quarter worth $27,000. Quarry LP bought a new position in Expand Energy in the 1st quarter worth $28,000. Assetmark Inc. increased its stake in Expand Energy by 255.6% in the 2nd quarter. Assetmark Inc. now owns 256 shares of the company’s stock worth $30,000 after buying an additional 184 shares in the last quarter. MAI Capital Management bought a new stake in Expand Energy during the first quarter valued at about $30,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of Expand Energy by 125.9% in the second quarter. JFS Wealth Advisors LLC now owns 305 shares of the company’s stock valued at $36,000 after acquiring an additional 170 shares in the last quarter. Hedge funds and other institutional investors own 97.93% of the company’s stock.

Expand Energy Trading Up 0.9%

EXE stock opened at $108.74 on Friday. The firm has a fifty day moving average price of $111.75 and a 200 day moving average price of $107.07. Expand Energy Corporation has a fifty-two week low of $91.01 and a fifty-two week high of $126.62. The firm has a market cap of $25.90 billion, a PE ratio of 30.89 and a beta of 0.45. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.81 and a current ratio of 0.81.

Expand Energy (NASDAQ:EXE) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.88 by $0.09. Expand Energy had a net margin of 7.99% and a return on equity of 6.31%. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $1.98 billion. Sell-side analysts anticipate that Expand Energy Corporation will post 1.33 earnings per share for the current fiscal year.

Expand Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 13th were issued a $0.575 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 2.1%. Expand Energy’s dividend payout ratio (DPR) is presently 65.34%.

Analyst Upgrades and Downgrades

EXE has been the subject of several research analyst reports. Wells Fargo & Company upgraded Expand Energy to a “hold” rating in a research report on Thursday, October 16th. Barclays reduced their price objective on shares of Expand Energy from $139.00 to $136.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 7th. Morgan Stanley upped their target price on shares of Expand Energy from $135.00 to $136.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. William Blair began coverage on shares of Expand Energy in a report on Tuesday, October 14th. They issued an “outperform” rating on the stock. Finally, UBS Group boosted their price target on shares of Expand Energy from $132.00 to $154.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.44.

Expand Energy Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.