Elm Ridge Management Lifted Its Range Res (RRC) Position; Intralinks Has 0.84 Sentiment

June 19, 2017 - By Clifton Ray

Elm Ridge Management Llc increased Range Res Corp (RRC) stake by 16.68% reported in 2016Q4 SEC filing. Elm Ridge Management Llc acquired 43,507 shares as Range Res Corp (RRC)’s stock declined 18.29%. The Elm Ridge Management Llc holds 304,300 shares with $10.46M value, up from 260,793 last quarter. Range Res Corp now has $5.61B valuation. The stock declined 4.23% or $0.99 reaching $22.39 on the news. About 5.57M shares traded or 0.91% up from the average. Range Resources Corp. (NYSE:RRC) has declined 36.05% since June 19, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.

Intralinks Holdings, Inc. is a technology well-known provider of software-as-a-service solutions for secure enterprise content collaboration within and among organizations. The company has market cap of $. The Company’s cloud solutions enable organizations to manage, control, track, search, exchange and collaborate on sensitive information inside and outside the firewall. It currently has negative earnings. The Company’s solutions enables its clients to manage electronic information, accelerate information-intensive business processes, optimize critical information workflows, meet regulatory and risk management requirements, and collaborate with business counterparties.

Ratings analysis reveals 0 of IntraLinks Holdings’s analysts are positive. Out of 4 Wall Street analysts rating IntraLinks Holdings, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. IL was included in 4 notes of analysts from September 22, 2016. Stifel Nicolaus downgraded the shares of IL in report on Wednesday, December 7 to “Hold” rating. The stock of Intralinks Holdings Inc (NYSE:IL) has “Neutral” rating given on Friday, December 9 by Ladenburg Thalmann. The rating was initiated by JMP Securities on Thursday, September 22 with “Mkt Perform”. The rating was downgraded by Craig Hallum on Wednesday, December 7 to “Hold”.

Rho Capital Partners Inc holds 65.16% of its portfolio in Intralinks Holdings Inc for 6.29 million shares. Ta Associates L.P. owns 9.36 million shares or 19.28% of their US portfolio. Moreover, Freshford Capital Management Llc has 7.66% invested in the company for 1.73 million shares. The Wyoming-based Cannell Capital Llc has invested 7% in the stock. Ulysses Management Llc, a New York-based fund reported 2.04 million shares.

It is down 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 34 analysts covering Range Resources Corp. (NYSE:RRC), 23 have Buy rating, 2 Sell and 9 Hold. Therefore 68% are positive. Range Resources Corp. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of RRC in report on Monday, August 3 with “Overweight” rating. The stock has “Buy” rating by Citigroup on Wednesday, November 4. Barclays Capital maintained Range Resources Corp. (NYSE:RRC) on Monday, May 2 with “Underweight” rating. As per Wednesday, December 9, the company rating was initiated by JP Morgan. The stock of Range Resources Corp. (NYSE:RRC) has “Buy” rating given on Monday, February 6 by Instinet. RBC Capital Markets upgraded the shares of RRC in report on Thursday, November 12 to “Outperform” rating. The company was downgraded on Friday, July 31 by Guggenheim. Nomura upgraded Range Resources Corp. (NYSE:RRC) on Monday, February 6 to “Buy” rating. The company was maintained on Monday, April 24 by Scotia Capital. The company was downgraded on Monday, December 14 by Howard Weil.

Since January 3, 2017, it had 2 insider purchases, and 7 sales for $3.40 million activity. VENTURA JEFFREY L sold $1.58 million worth of stock. The insider STEPHENS CHAD L sold 28,744 shares worth $662,493. 4,000 shares valued at $91,832 were bought by FUNK JAMES M on Wednesday, June 14. HELMS CHRISTOPHER A also bought $109,820 worth of Range Resources Corp. (NYSE:RRC) on Friday, March 17. $166,824 worth of stock was sold by Walker Ray N JR on Friday, June 9. Another trade for 577 shares valued at $13,369 was made by Farquharson Alan W on Friday, June 9. MANNY ROGER S sold 20,000 shares worth $652,000.

Investors sentiment decreased to 1.2 in 2016 Q4. Its down 0.81, from 2.01 in 2016Q3. It dropped, as 57 investors sold RRC shares while 127 reduced holdings. 60 funds opened positions while 160 raised stakes. 216.83 million shares or 6.80% more from 203.02 million shares in 2016Q3 were reported. Aviva Public Ltd Liability Company accumulated 133,588 shares or 0.03% of the stock. Bluecrest Cap Mgmt Ltd stated it has 11,040 shares or 0.02% of all its holdings. 29,539 are held by Airain Limited. California State Teachers Retirement Systems has 437,522 shares. Garrison Bradford & Inc stated it has 26,950 shares. Commonwealth Natl Bank Of owns 0% invested in Range Resources Corp. (NYSE:RRC) for 500 shares. Bnp Paribas Arbitrage holds 0.03% or 199,305 shares in its portfolio. Marco Management Limited Liability Corporation owns 6,704 shares. Moreover, Gulf Intl Financial Bank (Uk) Limited has 0.03% invested in Range Resources Corp. (NYSE:RRC) for 56,776 shares. Joel Isaacson Communication Limited Liability Corp owns 1,150 shares. Pnc Financial Services Group invested in 0% or 28,381 shares. Hsbc Holdings Public Limited Company reported 260,085 shares or 0.02% of all its holdings. 1.79M are held by Advisory. Janus Capital Mngmt Ltd Limited Liability Company reported 0.04% stake. Allianz Asset Mgmt Ag holds 0.08% of its portfolio in Range Resources Corp. (NYSE:RRC) for 2.47 million shares.

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