Citadel Advisors LLC Invests $10.21 Million in WhiteHawk Income Corp. $WHK

Citadel Advisors LLC acquired a new stake in WhiteHawk Income Corp. (NYSE:WHKFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 367,164 shares of the company’s stock, valued at approximately $10,215,000. Citadel Advisors LLC owned 1.33% of WhiteHawk Income as of its most recent SEC filing.

Separately, Readystate Asset Management LP purchased a new stake in WhiteHawk Income in the 2nd quarter valued at about $696,000.

WhiteHawk Income Stock Performance

NYSE WHK opened at $27.89 on Tuesday. WhiteHawk Income Corp. has a one year low of $25.34 and a one year high of $28.60. The firm has a 50 day simple moving average of $26.55.

WhiteHawk Income Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.61 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $2.44 annualized dividend and a dividend yield of 8.7%.

Wall Street Analysts Forecast Growth

WHK has been the topic of several research analyst reports. Zacks Research raised shares of WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. Stephens initiated coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They set an “overweight” rating and a $33.00 price target for the company. Weiss Ratings began coverage on shares of WhiteHawk Income in a research note on Monday, August 31st. They set a “sell (e)” rating on the stock. Stifel Nicolaus began coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They issued a “buy” rating and a $30.00 price target on the stock. Finally, Wall Street Zen cut shares of WhiteHawk Income from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

Get Our Latest Stock Analysis on WhiteHawk Income

About WhiteHawk Income

(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).

Featured Articles

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.