25,000 Shares in WhiteHawk Income Corp. $WHK Purchased by Readystate Asset Management LP

Readystate Asset Management LP acquired a new position in WhiteHawk Income Corp. (NYSE:WHKFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $696,000. Readystate Asset Management LP owned 0.09% of WhiteHawk Income as of its most recent filing with the Securities & Exchange Commission.

Separately, Alyeska Investment Group L.P. purchased a new position in WhiteHawk Income in the second quarter valued at approximately $6,955,000.

WhiteHawk Income Trading Up 0.2%

Shares of WHK stock opened at $27.89 on Tuesday. The firm’s fifty day simple moving average is $26.55. WhiteHawk Income Corp. has a 1 year low of $25.34 and a 1 year high of $28.60.

WhiteHawk Income Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.61 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $2.44 dividend on an annualized basis and a yield of 8.7%.

Analysts Set New Price Targets

Several brokerages have weighed in on WHK. Stephens initiated coverage on WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $33.00 price objective for the company. Weiss Ratings initiated coverage on WhiteHawk Income in a research report on Monday, August 31st. They set a “sell (e)” rating on the stock. Stifel Nicolaus assumed coverage on WhiteHawk Income in a report on Monday, July 6th. They issued a “buy” rating and a $30.00 price objective for the company. Wall Street Zen cut WhiteHawk Income from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Finally, Capital One Financial initiated coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $32.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

View Our Latest Research Report on WhiteHawk Income

WhiteHawk Income Profile

(Free Report)

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).

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