Channing Capital Management LLC significantly increased its stake in Coterra Energy Inc. (NYSE:CTRA) by 28.4% in the third quarter, bringing its total holdings to 175,624 shares valued at $4.15 million. Other institutional investors also adjusted their positions in the company, which continues to receive a “Moderate Buy” consensus rating from analysts with an average target price of $33.48. Coterra Energy, an independent oil and natural gas exploration and production company, recently traded at $31.25 and has a market capitalization of $23.79 billion.
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Channing Capital Management LLC Increases Stake in Coterra Energy Inc. $CTRA
Channing Capital Management LLC significantly increased its stake in Coterra Energy Inc. (NYSE:CTRA) by 28.4% in the third quarter, bringing its total holdings to 175,624 shares valued at $4.15 million. Other institutional investors also adjusted their positions in the company, which continues to receive a “Moderate Buy” consensus rating from analysts with an average target price of $33.48. Coterra Energy, an independent oil and natural gas exploration and production company, recently traded at $31.25 and has a market capitalization of $23.79 billion.