State Street Corp Acquires 16,885 Shares of Amplify Energy Corp. (NYSE:AMPY)

State Street Corp lifted its holdings in Amplify Energy Corp. (NYSE:AMPY) by 2.1% during the third quarter, HoldingsChannel.com reports. The firm owned 805,211 shares of the company’s stock after purchasing an additional 16,885 shares during the period. State Street Corp’s holdings in Amplify Energy were worth $5,258,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Amplify Energy by 12.8% during the second quarter. Dimensional Fund Advisors LP now owns 2,225,071 shares of the company’s stock valued at $15,086,000 after purchasing an additional 251,898 shares during the last quarter. Foundry Partners LLC boosted its holdings in shares of Amplify Energy by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 570,770 shares of the company’s stock valued at $3,727,000 after buying an additional 5,410 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Amplify Energy by 11.0% in the second quarter. Bank of New York Mellon Corp now owns 446,939 shares of the company’s stock valued at $3,030,000 after buying an additional 44,431 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Amplify Energy by 87.3% during the second quarter. Acadian Asset Management LLC now owns 418,444 shares of the company’s stock worth $2,835,000 after buying an additional 195,059 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Amplify Energy by 422.6% during the second quarter. American Century Companies Inc. now owns 385,397 shares of the company’s stock worth $2,613,000 after acquiring an additional 311,646 shares in the last quarter. Institutional investors and hedge funds own 42.84% of the company’s stock.

Amplify Energy Price Performance

NYSE:AMPY opened at $5.72 on Monday. Amplify Energy Corp. has a 12-month low of $3.56 and a 12-month high of $8.15. The firm has a market capitalization of $227.48 million, a price-to-earnings ratio of 3.71 and a beta of 1.95. The stock’s 50 day moving average price is $6.46 and its two-hundred day moving average price is $6.70. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.29.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and issued a $11.00 price objective on shares of Amplify Energy in a research report on Wednesday, October 16th.

Amplify Energy Company 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.