Savant Capital LLC Has $135,000 Holdings in Amplify Energy Corp. (NYSE:AMPY)

Savant Capital LLC cut its position in Amplify Energy Corp. (NYSE:AMPY) by 8.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,441 shares of the company’s stock after selling 2,177 shares during the quarter. Savant Capital LLC’s holdings in Amplify Energy were worth $135,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in Amplify Energy by 3.5% in the third quarter. Geode Capital Management LLC now owns 883,676 shares of the company’s stock valued at $5,772,000 after buying an additional 29,988 shares in the last quarter. State Street Corp raised its stake in shares of Amplify Energy by 2.1% in the third quarter. State Street Corp now owns 805,211 shares of the company’s stock worth $5,258,000 after acquiring an additional 16,885 shares during the last quarter. Foundry Partners LLC raised its stake in shares of Amplify Energy by 1.0% in the third quarter. Foundry Partners LLC now owns 570,770 shares of the company’s stock worth $3,727,000 after acquiring an additional 5,410 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Amplify Energy by 5.1% in the fourth quarter. Empowered Funds LLC now owns 155,622 shares of the company’s stock worth $934,000 after acquiring an additional 7,516 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Amplify Energy by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 113,377 shares of the company’s stock worth $740,000 after acquiring an additional 4,454 shares during the last quarter. 42.84% of the stock is currently owned by institutional investors and hedge funds.

Amplify Energy Trading Up 1.6 %

AMPY opened at $5.30 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $210.94 million, a price-to-earnings ratio of 3.44 and a beta of 1.92. The firm has a 50 day simple moving average of $5.75 and a 200 day simple moving average of $6.38. Amplify Energy Corp. has a fifty-two week low of $3.56 and a fifty-two week high of $8.15.

Wall Street Analysts Forecast Growth

Separately, Benchmark reaffirmed a “buy” rating and issued a $11.00 target price on shares of Amplify Energy in a research note on Thursday, January 16th.

Amplify Energy Profile

Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company’s properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.