Pioneer Natural Resources Company (PXD) Reaches $209.64 52-Week High; Omnicom Group (OMC) Has 0.96 Sentiment

May 20, 2018 - By Marie Mckinney

Omnicom Group Inc. (NYSE:OMC) Logo

Omnicom Group Inc (OMC) investors sentiment decreased to 0.96 in Q4 2017. It’s down -0.04, from 1 in 2017Q3. The ratio is negative, as 268 investment professionals started new and increased positions, while 279 decreased and sold their stakes in Omnicom Group Inc. The investment professionals in our database now possess: 231.12 million shares, up from 230.60 million shares in 2017Q3. Also, the number of investment professionals holding Omnicom Group Inc in top ten positions increased from 10 to 11 for an increase of 1. Sold All: 56 Reduced: 223 Increased: 180 New Position: 88.

The stock of Pioneer Natural Resources Company (NYSE:PXD) hit a new 52-week high and has $222.22 target or 6.00% above today’s $209.64 share price. The 8 months bullish chart indicates low risk for the $35.73 billion company. The 1-year high was reported on May, 20 by Barchart.com. If the $222.22 price target is reached, the company will be worth $2.14B more. The stock decreased 1.26% or $2.67 during the last trading session, reaching $209.64. About 1.35 million shares traded. Pioneer Natural Resources Company (NYSE:PXD) has declined 4.79% since May 20, 2017 and is downtrending. It has underperformed by 16.34% the S&P500.

More notable recent Pioneer Natural Resources Company (NYSE:PXD) news were published by: Bizjournals.com which released: “Drilling Permit Roundup: Eagle Ford rush for Pioneer Natural Resources” on May 14, 2018, also Seekingalpha.com with their article: “Pioneer Natural Resources (PXD) Q1 2018 Results – Earnings Call Transcript” published on May 03, 2018, Investorplace.com published: “10 Small-Cap Oil & Gas Stocks to Watch” on May 17, 2018. More interesting news about Pioneer Natural Resources Company (NYSE:PXD) were released by: Investorplace.com and their article: “5 Top Energy Stocks For $100-A-Barrel Oil” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “US Shale: NAV Analysis Of Permian Basin – Midland Basin E&Ps” with publication date: May 02, 2018.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on August, 7. They expect $1.58 earnings per share, up 652.38% or $1.37 from last year’s $0.21 per share. PXD’s profit will be $269.27M for 33.17 P/E if the $1.58 EPS becomes a reality. After $1.66 actual earnings per share reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts -4.82% negative EPS growth.

Among 42 analysts covering Pioneer Natural Resources (NYSE:PXD), 37 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources has $31300 highest and $96 lowest target. $207.98’s average target is -0.79% below currents $209.64 stock price. Pioneer Natural Resources had 169 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup to “Buy” on Thursday, January 7. KeyBanc Capital Markets maintained the shares of PXD in report on Monday, September 18 with “Buy” rating. The rating was maintained by Barclays Capital on Tuesday, March 15 with “Equal-Weight”. Citigroup maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Monday, September 14. Citigroup has “Neutral” rating and $138 target. The stock has “Hold” rating by Societe Generale on Wednesday, November 4. The rating was maintained by Credit Suisse on Friday, August 7 with “Outperform”. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, October 18. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, January 29. The firm has “Outperform” rating given on Wednesday, August 17 by Bernstein. KeyBanc Capital Markets maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Monday, August 22. KeyBanc Capital Markets has “Overweight” rating and $215 target.

Pioneer Natural Resources Company operates as an independent gas and oil exploration and production firm in the United States. The company has market cap of $35.73 billion. The firm explores for, develops, and produces oil, natural gas liquids , and gas. It has a 43.22 P/E ratio. It has activities primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado, and the West Panhandle field in the Texas Panhandle.

Since December 11, 2017, it had 0 buys, and 20 selling transactions for $18.18 million activity. 5,000 Pioneer Natural Resources Company (NYSE:PXD) shares with value of $1.02M were sold by SHEFFIELD KENNETH H JR. On Monday, May 7 the insider Hopkins Frank E sold $238,327. 40,000 shares were sold by SHEFFIELD SCOTT D, worth $8.10 million. $159,505 worth of Pioneer Natural Resources Company (NYSE:PXD) was sold by DOVE TIMOTHY L. The insider Montemayor Margaret sold $252,855. 900 shares valued at $183,168 were sold by Stewart Stephanie D on Wednesday, May 9. BERG MARK STEPHEN sold 2,000 shares worth $403,900.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.16, from 1.03 in 2017Q3. It turned negative, as 66 investors sold Pioneer Natural Resources Company shares while 230 reduced holdings. 89 funds opened positions while 168 raised stakes. 148.22 million shares or 2.39% less from 151.85 million shares in 2017Q3 were reported. Lpl Lc stated it has 21,048 shares or 0.01% of all its holdings. Mitchell Group holds 3.27% or 110,682 shares in its portfolio. Nexus Inv Mgmt has invested 0.03% in Pioneer Natural Resources Company (NYSE:PXD). Glenmede Comm Na owns 1,909 shares. Cwm Ltd Com invested in 0.05% or 6,198 shares. 124,098 are held by Weitz Investment Mngmt. Assetmark reported 836 shares. Metropolitan Life Insurance Ny reported 26,331 shares. Exane Derivatives has 950 shares. General American Inc holds 28,650 shares. Holt Advsrs Limited Co Dba Holt Prns Limited Partnership holds 0.57% or 10,415 shares. Riverhead Cap Ltd Liability Corporation has invested 0.03% in Pioneer Natural Resources Company (NYSE:PXD). Essex Serv holds 1,659 shares or 0.07% of its portfolio. Fred Alger Inc invested 0.86% in Pioneer Natural Resources Company (NYSE:PXD). Ashfield Capital Prns Ltd Liability holds 0.57% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 25,643 shares.

Since January 1, 0001, it had 0 buys, and 4 sales for $848,280 activity.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on July, 19. They expect $1.57 EPS, up 12.14% or $0.17 from last year’s $1.4 per share. OMC’s profit will be $356.85M for 11.94 P/E if the $1.57 EPS becomes a reality. After $1.14 actual EPS reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts 37.72% EPS growth.

Ratings analysis reveals 0 of Omnicom’s analysts are positive. Out of 3 Wall Street analysts rating Omnicom, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $86.0 while the high is $87.0. The stock’s average target of $86.50 is 15.39% above today’s ($74.96) share price. OMC was included in 3 notes of analysts from September 15, 2016. RBC Capital Markets initiated it with “Sector Perform” rating and $87.0 target in Friday, October 7 report. The stock has “Hold” rating by Pivotal Research on Monday, October 17. Credit Suisse initiated the stock with “Neutral” rating in Thursday, September 15 report.

Another recent and important Omnicom Group Inc. (NYSE:OMC) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Iron Mountain, KLA-Tencor, New Residential Investment, Nucor, Omnicom …” on May 08, 2018.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company has market cap of $17.04 billion. The firm offers a range of services in the areas of advertising, customer relationship management, or CRM, public relations, and specialty communications. It has a 16.12 P/E ratio. The Company’s services comprise advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, environmental design, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare communications, and instore design services.

The stock increased 0.89% or $0.66 during the last trading session, reaching $74.96. About 1.22 million shares traded. Omnicom Group Inc. (OMC) has declined 13.63% since May 20, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart

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