Stifel Nicolaus started coverage on shares of WhiteHawk Income (NYSE:WHK – Free Report) in a report released on Thursday. The brokerage issued a buy rating and a $32.00 price target on the stock.
Several other research analysts have also recently weighed in on the stock. Stephens began coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They issued an “overweight” rating and a $33.00 price target on the stock. Capital One Financial started coverage on WhiteHawk Income in a research note on Monday, July 6th. They set an “overweight” rating and a $32.00 price objective for the company. Wall Street Zen cut WhiteHawk Income from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. JPMorgan Chase & Co. began coverage on WhiteHawk Income in a research note on Monday, July 6th. They issued a “neutral” rating and a $28.00 target price on the stock. Finally, Raymond James Financial raised their price target on WhiteHawk Income from $34.00 to $37.00 and gave the company a “strong-buy” rating in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, WhiteHawk Income presently has a consensus rating of “Moderate Buy” and an average price target of $32.40.
Read Our Latest Stock Analysis on WhiteHawk Income
WhiteHawk Income Stock Performance
WhiteHawk Income Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date was Monday, August 24th.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Alyeska Investment Group L.P. bought a new position in WhiteHawk Income during the 2nd quarter worth approximately $6,955,000. Readystate Asset Management LP bought a new stake in WhiteHawk Income in the second quarter valued at approximately $696,000. Citadel Advisors LLC bought a new stake in WhiteHawk Income in the second quarter valued at approximately $10,215,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of WhiteHawk Income during the second quarter valued at approximately $3,756,000.
About WhiteHawk Income
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).
Read More
- Five stocks we like better than WhiteHawk Income
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for WhiteHawk Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteHawk Income and related companies with MarketBeat.com's FREE daily email newsletter.
