Teachers Advisors LLC bought a new position in Midstates Petroleum Co. (NYSE:MPO) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 20,094 shares of the energy producer’s stock, valued at approximately $255,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Credit Suisse AG lifted its stake in Midstates Petroleum by 9.7% in the 1st quarter. Credit Suisse AG now owns 26,022 shares of the energy producer’s stock worth $480,000 after purchasing an additional 2,300 shares in the last quarter. Rhumbline Advisers purchased a new stake in Midstates Petroleum in the 2nd quarter worth approximately $155,000. Schwab Charles Investment Management Inc. purchased a new stake in Midstates Petroleum in the 2nd quarter worth approximately $227,000. Swiss National Bank purchased a new stake in Midstates Petroleum in the 2nd quarter worth approximately $237,000. Finally, Vanguard Group Inc. lifted its stake in Midstates Petroleum by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 440,612 shares of the energy producer’s stock worth $8,129,000 after purchasing an additional 20,300 shares in the last quarter. Institutional investors and hedge funds own 94.33% of the company’s stock.
Shares of Midstates Petroleum Co. (NYSE:MPO) opened at $17.47 on Monday. The company has a current ratio of 2.03, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21. Midstates Petroleum Co. has a 52-week low of $10.87 and a 52-week high of $22.54.
Separately, Noble Financial reiterated a “hold” rating on shares of Midstates Petroleum in a research note on Thursday.
About Midstates Petroleum
Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.
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