Rsp Permian INC (RSPP) Holder Mitchell Group INC Has Boosted Its Stake by $6.51 Million

April 22, 2018 - By Clifton Ray

RSP Permian, Inc. (NYSE:RSPP) LogoInvestors sentiment decreased to 1.17 in Q4 2017. Its down 0.11, from 1.28 in 2017Q3. It fall, as 28 investors sold RSPP shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported. 1832 Asset LP has 0.01% invested in RSP Permian, Inc. (NYSE:RSPP). Wellington Management Limited Liability Partnership invested in 0.01% or 876,077 shares. Northern accumulated 1.05 million shares. Highbridge Capital Lc stated it has 23,944 shares or 0.02% of all its holdings. Channing Capital Mgmt owns 118,275 shares. Ubs Asset Management Americas Incorporated owns 122,342 shares for 0% of their portfolio. Waratah Cap Advisors Limited holds 1.15% in RSP Permian, Inc. (NYSE:RSPP) or 243,582 shares. Principal Fin Grp Inc, a Iowa-based fund reported 19,473 shares. Moreover, Envestnet Asset Mgmt has 0% invested in RSP Permian, Inc. (NYSE:RSPP) for 26,013 shares. Scholtz & Communications Ltd Liability Corporation stated it has 4.71% of its portfolio in RSP Permian, Inc. (NYSE:RSPP). California Employees Retirement has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP). Confluence Investment Limited stated it has 0% in RSP Permian, Inc. (NYSE:RSPP). Stifel Fincl holds 0% of its portfolio in RSP Permian, Inc. (NYSE:RSPP) for 12,407 shares. D E Shaw And owns 0.03% invested in RSP Permian, Inc. (NYSE:RSPP) for 501,992 shares. Moreover, Us Bancshares De has 0% invested in RSP Permian, Inc. (NYSE:RSPP).

Since December 11, 2017, it had 0 insider buys, and 5 selling transactions for $8.25 million activity. On Thursday, January 11 the insider Wallace Family Partnership – LP sold $1.39 million. On Monday, December 11 the insider McNeill Scott K. sold $926,250.

Mitchell Group Inc increased its stake in Rsp Permian Inc (RSPP) by 40.73% based on its latest 2017Q4 regulatory filing with the SEC. Mitchell Group Inc bought 162,770 shares as the company’s stock declined 3.11% with the market. The institutional investor held 562,440 shares of the energy company at the end of 2017Q4, valued at $22.88 million, up from 399,670 at the end of the previous reported quarter. Mitchell Group Inc who had been investing in Rsp Permian Inc for a number of months, seems to be bullish on the $7.80B market cap company. The stock decreased 0.41% or $0.2 during the last trading session, reaching $48.94. About 2.10M shares traded. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 22, 2017 and is . It has underperformed by 11.55% the S&P500.

Mitchell Group Inc, which manages about $1.01 billion and $585.01 million US Long portfolio, decreased its stake in Royal Dutch Shell Plc Class A by 59,544 shares to 543,471 shares, valued at $36.26 million in 2017Q4, according to the filing. It also reduced its holding in Devon Energy Corp (NYSE:DVN) by 87,900 shares in the quarter, leaving it with 828,449 shares, and cut its stake in Marathon Oil Corp (NYSE:MRO).

RSP Permian, Inc. (NYSE:RSPP) Ratings Coverage

Among 22 analysts covering RSP Permian (NYSE:RSPP), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. RSP Permian had 49 analyst reports since October 23, 2017 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Monday, November 13. Northland Capital downgraded the stock to “Market Perform” rating in Thursday, March 29 report. The stock has “Outperform” rating by Credit Suisse on Wednesday, February 28. The stock has “Neutral” rating by Credit Suisse on Tuesday, April 3. The stock of RSP Permian, Inc. (NYSE:RSPP) has “Buy” rating given on Monday, December 11 by Northland Capital. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Hold” rating by Jefferies on Thursday, March 29. KeyBanc Capital Markets maintained it with “Buy” rating and $49.0 target in Monday, October 23 report. RBC Capital Markets maintained the shares of RSPP in report on Thursday, March 1 with “Buy” rating. The rating was maintained by Credit Suisse with “Buy” on Tuesday, January 23. The company was maintained on Friday, April 13 by RBC Capital Markets.

RSP Permian, Inc. (NYSE:RSPP) Institutional Positions Chart

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