Private Advisor Group LLC Trims Holdings in VAALCO Energy, Inc. (NYSE:EGY)

Private Advisor Group LLC lowered its position in shares of VAALCO Energy, Inc. (NYSE:EGY) by 44.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,706 shares of the energy company’s stock after selling 13,191 shares during the quarter. Private Advisor Group LLC’s holdings in VAALCO Energy were worth $96,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC bought a new stake in shares of VAALCO Energy during the 1st quarter valued at $498,000. LSV Asset Management raised its holdings in VAALCO Energy by 1.2% during the first quarter. LSV Asset Management now owns 550,642 shares of the energy company’s stock valued at $3,838,000 after acquiring an additional 6,666 shares during the period. Quantbot Technologies LP purchased a new position in shares of VAALCO Energy in the first quarter valued at about $340,000. Empowered Funds LLC boosted its stake in shares of VAALCO Energy by 8.2% in the first quarter. Empowered Funds LLC now owns 363,429 shares of the energy company’s stock worth $2,533,000 after acquiring an additional 27,475 shares during the period. Finally, Foundry Partners LLC grew its position in shares of VAALCO Energy by 12.0% during the first quarter. Foundry Partners LLC now owns 982,350 shares of the energy company’s stock worth $6,847,000 after purchasing an additional 105,145 shares in the last quarter. 50.32% of the stock is currently owned by institutional investors.

VAALCO Energy Stock Up 0.2 %

Shares of EGY opened at $5.61 on Friday. The business’s 50 day moving average is $5.78 and its 200 day moving average is $6.19. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15. VAALCO Energy, Inc. has a 12-month low of $3.89 and a 12-month high of $7.51. The company has a market capitalization of $582.00 million, a PE ratio of 6.93 and a beta of 1.19.

VAALCO Energy Company Profile

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.