Teachers Insurance & Annuity Association Of America Decreased Its Position in Rsp Permian INC (RSPP) by $158.22 Million as Market Valuation Declined

April 26, 2018 - By Michael Collier

RSP Permian, Inc. (NYSE:RSPP) LogoInvestors sentiment decreased to 1.17 in 2017 Q4. Its down 0.11, from 1.28 in 2017Q3. It dropped, 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. Moreover, Quantitative Systematic Strategies Lc has 0.21% invested in RSP Permian, Inc. (NYSE:RSPP) for 20,033 shares. Artisan Prns Limited Partnership reported 1.13 million shares. Proxima Mgmt Limited Liability Corp has invested 2.36% in RSP Permian, Inc. (NYSE:RSPP). Tennessee-based First Mercantile Trust has invested 0.03% in RSP Permian, Inc. (NYSE:RSPP). Moreover, 3G Cap Prns LP has 2.78% invested in RSP Permian, Inc. (NYSE:RSPP). 63 are owned by Howe Rusling Incorporated. American Century, a Missouri-based fund reported 202,814 shares. Lombard Odier Asset Management (Usa) holds 0.67% or 214,595 shares. Essex Invest Management owns 132,375 shares. California State Teachers Retirement Systems invested in 214,563 shares or 0.02% of the stock. Jefferies Grp Inc Ltd Liability Company has invested 0% of its portfolio in RSP Permian, Inc. (NYSE:RSPP). 17,542 are owned by Boothbay Fund Mngmt Limited Liability Company. Moreover, Teacher Retirement Systems Of Texas has 0.01% invested in RSP Permian, Inc. (NYSE:RSPP). Bbt Cap Mgmt Limited Liability Corp has invested 0.26% in RSP Permian, Inc. (NYSE:RSPP). Shell Asset Mngmt stated it has 16,665 shares.

Since December 11, 2017, it had 0 buys, and 6 insider sales for $11.31 million activity. $1.74M worth of stock was sold by Collins Ted Jr on Wednesday, January 3. McNeill Scott K. sold $926,250 worth of RSP Permian, Inc. (NYSE:RSPP) on Monday, December 11.

Teachers Insurance & Annuity Association Of America decreased its stake in Rsp Permian Inc (RSPP) by 78.92% based on its latest 2017Q4 regulatory filing with the SEC. Teachers Insurance & Annuity Association Of America sold 3.96 million shares as the company’s stock declined 3.11% with the market. The institutional investor held 1.06 million shares of the energy company at the end of 2017Q4, valued at $42.99 million, down from 5.01 million at the end of the previous reported quarter. Teachers Insurance & Annuity Association Of America who had been investing in Rsp Permian Inc for a number of months, seems to be less bullish one the $7.78B market cap company. The stock increased 0.31% or $0.15 during the last trading session, reaching $48.77. About 22,266 shares traded. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Teachers Insurance & Annuity Association Of America, which manages about $1.95B US Long portfolio, upped its stake in American Tower Corp New (NYSE:AMT) by 40,920 shares to 462,615 shares, valued at $66.00 million in 2017Q4, according to the filing. It also increased its holding in Nushares Etf Tr by 764,900 shares in the quarter, for a total of 1.15 million shares, and has risen its stake in Nushares Etf Tr.

Analysts await RSP Permian, Inc. (NYSE:RSPP) to report earnings on May, 1. They expect $0.49 earnings per share, up 206.25 % or $0.33 from last year’s $0.16 per share. RSPP’s profit will be $78.12M for 24.88 P/E if the $0.49 EPS becomes a reality. After $0.32 actual earnings per share reported by RSP Permian, Inc. for the previous quarter, Wall Street now forecasts 53.13 % EPS growth.

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 has $6900 highest and $41.0 lowest target. $52.68’s average target is 8.02% above currents $48.77 stock price. RSP Permian had 50 analyst reports since November 8, 2017 according to SRatingsIntel. The firm has “Buy” rating by Susquehanna given on Wednesday, January 17. The stock has “Hold” rating by Raymond James on Monday, April 2. Jefferies maintained RSP Permian, Inc. (NYSE:RSPP) rating on Tuesday, January 30. Jefferies has “Buy” rating and $50.0 target. On Monday, March 5 the stock rating was maintained by Susquehanna with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, March 28. Roth Capital maintained the shares of RSPP in report on Monday, January 22 with “Buy” rating. As per Thursday, March 29, the company rating was downgraded by Northland Capital. The firm earned “Outperform” rating on Monday, November 13 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, January 29. Credit Suisse maintained RSP Permian, Inc. (NYSE:RSPP) rating on Tuesday, January 23. Credit Suisse has “Buy” rating and $51.0 target.

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

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