Putnam High Income Securities Fund (PCF) Is At $9.19 Formed Wedge; Cambrian Capital Limited Partnership Cut Its Pioneer Nat Res Co (PXD) Holding

Cambrian Capital Limited Partnership decreased Pioneer Nat Res Co (PXD) stake by 16.36% reported in 2017Q3 SEC filing. Cambrian Capital Limited Partnership sold 4,700 shares as Pioneer Nat Res Co (PXD)’s stock declined 8.01%. The Cambrian Capital Limited Partnership holds 24,037 shares with $3.55M value, down from 28,737 last quarter. Pioneer Nat Res Co now has $32.05 billion valuation. The stock increased 1.25% or $2.32 during the last trading session, reaching $188.33. About 1.93 million shares traded or 22.00% up from the average. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since January 25, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Putnam High Income Securities Fund (PCF) formed wedge up with $10.02 target or 9.00% above today’s $9.19 share price. Putnam High Income Securities Fund (PCF) has $119.26M valuation. The stock decreased 0.76% or $0.07 during the last trading session, reaching $9.19. About 15,597 shares traded. Putnam High Income Securities Fund (NYSE:PCF) has risen 15.98% since January 25, 2017 and is uptrending. It has underperformed by 0.72% the S&P500.

Among 37 analysts covering Pioneer Natural Resources (NYSE:PXD), 33 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Pioneer Natural Resources had 137 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Wells Fargo on Wednesday, August 2. Cowen & Co maintained Pioneer Natural Resources Company (NYSE:PXD) on Thursday, January 18 with “Buy” rating. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Neutral” rating given on Monday, September 14 by Citigroup. The stock has “Buy” rating by Jefferies on Monday, August 14. Wunderlich maintained Pioneer Natural Resources Company (NYSE:PXD) on Monday, October 10 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, April 26 by iBERIA Capital Partners. BMO Capital Markets maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Tuesday, August 8. BMO Capital Markets has “Buy” rating and $21400 target. The firm has “Buy” rating given on Tuesday, October 10 by BMO Capital Markets. As per Tuesday, December 19, the company rating was upgraded by Seaport Global. The rating was maintained by Credit Suisse on Friday, August 7 with “Outperform”.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.07, from 1.1 in 2017Q2. It worsened, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. Thornburg Investment Inc reported 66,868 shares or 0.07% of all its holdings. Tocqueville Asset Mngmt Lp owns 4,191 shares. Clear Harbor Asset Mngmt Limited Co invested in 2.11% or 72,130 shares. Neuberger Berman Grp Ltd Liability Company owns 2.35 million shares for 0.43% of their portfolio. Glenmede Na reported 0% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). South State Corp stated it has 1,400 shares or 0.02% of all its holdings. Meiji Yasuda Asset Management Comm Ltd stated it has 0.03% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). Moreover, Great West Life Assurance Co Can has 0.04% invested in Pioneer Natural Resources Company (NYSE:PXD). Parkside Fincl Bank & Tru has invested 0.01% in Pioneer Natural Resources Company (NYSE:PXD). Old Mutual Global Investors (Uk) Ltd owns 2,500 shares. Texas Permanent School Fund accumulated 47,138 shares. Royal Bancshares Of Canada invested in 0.05% or 675,058 shares. Westfield Management Com Lp accumulated 245,495 shares or 0.28% of the stock. Putnam Fl, Massachusetts-based fund reported 58,077 shares. Wetherby Asset Mgmt holds 3,290 shares or 0.07% of its portfolio.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on February, 6 after the close. They expect $0.66 earnings per share, up 34.69% or $0.17 from last year’s $0.49 per share. PXD’s profit will be $112.31M for 71.34 P/E if the $0.66 EPS becomes a reality. After $0.48 actual earnings per share reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Since September 11, 2017, it had 0 insider buys, and 5 selling transactions for $941,910 activity. BERG MARK STEPHEN also sold $315,700 worth of Pioneer Natural Resources Company (NYSE:PXD) on Thursday, December 14. $159,505 worth of stock was sold by DOVE TIMOTHY L on Tuesday, December 12. 200 shares were sold by Grillot Larry R., worth $31,870. Hopkins Frank E sold $320,000 worth of Pioneer Natural Resources Company (NYSE:PXD) on Monday, December 18. On Monday, September 11 Fairbrook Teresa A sold $114,835 worth of Pioneer Natural Resources Company (NYSE:PXD) or 880 shares.

Since January 3, 2018, it had 5 insider purchases, and 0 insider sales for $2.59 million activity. The insider Bulldog Investors – LLC bought $2.37 million.