Viking Fund Management Llc sold 220,000 shares as the company's stock declined 3.98% while stock markets rallied. Institutional investors and hedge funds own 38.07% of the company's stock. Viking Fund Management Llc who had been investing in Rpc Inc for a number of months, seems to be less bullish one the $5.34 billion market cap company. 3,421,300 shares of the company were exchanged, compared to its average volume of 1,823,262. RPC, Inc. (NYSE:RES) has risen 47.61% since January 12, 2017 and is uptrending.
Ct Mason decreased its stake in Mccormick & Co. The company has market cap of $5.31 billion. (MKC) by 52.88% based on its latest 2017Q3 regulatory filing with the SEC. Following the acquisition, the director now owns 5,000 shares in the company, valued at $116,050. The business had revenue of $471.00 million for the quarter, compared to analyst estimates of $474.41 million. Ct Mason who had been investing in Mccormick & Co. Inc.
The stock decreased 0.39% or $0.0498 during the last trading session, reaching $12.7202. About 2.06M shares traded or 75.83% up from the average. (NYSE:COTY) for 18,288 shares. It has underperformed by 11.58% the S&P500.
Investors sentiment decreased to 0.94 in 2017 Q3. Its up 0.03, from 1.14 in 2017Q2. It dropped, as 29 investors sold RES shares while 69 reduced holdings. 39 funds opened positions while 110 raised stakes. Fred Alger Incorporated reported 0.02% in RPC, Inc. (NYSE:RES). Balyasny Asset Mgmt Ltd Liability invested in 0% or 25,000 shares. The stock increased 1.17% or $0.24 during the last trading session, reaching $20.76.
Wall Street brokerages predict that RPC, Inc. (NYSE:RES). Eqis Management holds 19,610 shares or 0.03% of its portfolio. Sei Invests Company invested in 0.02% or 178,616 shares. Stephens Ar, a Arkansas-based fund reported 90 shares.
According to Zacks, "RPC, Inc. provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties". Seaport Global upgraded the shares of RES in report on Thursday, December 1 to "Buy" rating. State Board Of Administration Of Florida Retirement Systems invested 0.01% in RPC, Inc. (NYSE:RES). Nomura has invested 0% in RPC, Inc. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Therefore 29% are positive. RPC had 72 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has "Hold" rating by Raymond James on Thursday, October 26. They set a "hold" rating and a $25.00 target price for the company. Stifel Nicolaus maintained it with "Buy" rating and $2500 target in Friday, June 23 report. RBC Capital Markets maintained Coty Inc. (NYSE:RES) rating on Wednesday, July 13. The company was maintained on Monday, September 21 by FBR Capital. The firm has "Hold" rating by Jefferies given on Thursday, October 26. (NYSE:RES) on Tuesday, January 17 to "Buy" rating. (NYSE:RES) has "Neutral" rating given on Tuesday, October 4 by Seaport Global Securities. On Friday, January 8 the stock rating was initiated by Macquarie Research with "Neutral". During the same quarter in the prior year, the company earned ($0.18) EPS. equities analysts forecast that RPC will post 0.81 earnings per share for the current fiscal year. RES's profit will be $71.47 million for 18.68 P/E if the $0.33 EPS becomes a reality. First LP holds 0% of its portfolio in Coty Inc. Vanguard Group Inc. lifted its position in RPC by 20.4% during the second quarter.
Since August 24, 2017, it had 1 buying transaction, and 0 sales for $42.38 million activity. Envestnet Asset Management Inc. grew its position in shares of RPC by 52.8% in the third quarter. Its up 0.77, from 0.86 in 2017Q2. (NYSE:RES). Bnp Paribas Arbitrage has 0% invested in RPC, Inc. Moreover, Winslow Evans & Crocker has 0.01% invested in McCormick & Company, Incorporated (NYSE:MKC) for 218 shares. 55,268 are held by Dnb Asset Mngmt As. (NYSE:RES) on Friday, March 24 with "Buy" rating. It was reported on Jan, 12 by Barchart.com. Neuberger Berman Gru Lc stated it has 24,070 shares or 0% of all its holdings. Citigroup holds 3,187 shares or 0% of its portfolio. For the next year, analysts expect that the company will post earnings of $1.57 per share, with EPS estimates ranging from $1.39 to $1.95. Therefore 40% are positive. As per Friday, August 14, the company rating was maintained by B. Riley & Co. On Monday, July 10 the stock rating was maintained by Piper Jaffray with "Hold". Corporate insiders own 73.50% of the company's stock. Bernstein downgraded the stock to "Mkt Perform" rating in Friday, September 16 report. The company was maintained on Wednesday, August 23 by Bank of America.
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