Barclays PLC Makes New $37,000 Investment in PHX Minerals Inc. (NYSE:PHX)

Barclays PLC bought a new position in PHX Minerals Inc. (NYSE:PHX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,960 shares of the oil and gas producer’s stock, valued at approximately $37,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of PHX Minerals in the third quarter valued at approximately $44,000. Empowered Funds LLC boosted its holdings in shares of PHX Minerals by 5.4% in the third quarter. Empowered Funds LLC now owns 128,844 shares of the oil and gas producer’s stock valued at $435,000 after acquiring an additional 6,566 shares in the last quarter. James Investment Research Inc. boosted its holdings in shares of PHX Minerals by 40.9% in the third quarter. James Investment Research Inc. now owns 15,500 shares of the oil and gas producer’s stock valued at $52,000 after acquiring an additional 4,500 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of PHX Minerals by 5.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,631,869 shares of the oil and gas producer’s stock valued at $5,320,000 after acquiring an additional 78,008 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of PHX Minerals in the second quarter valued at approximately $40,000. 38.19% of the stock is currently owned by institutional investors.

PHX Minerals Stock Up 1.5 %

PHX stock opened at $3.97 on Friday. PHX Minerals Inc. has a 12 month low of $2.95 and a 12 month high of $4.08. The firm has a market cap of $148.80 million, a PE ratio of 30.54 and a beta of 0.57. The firm has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $3.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.19 and a quick ratio of 3.19.

PHX Minerals (NYSE:PHX) last issued its quarterly earnings results on Wednesday, November 6th. The oil and gas producer reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $9.14 million during the quarter. PHX Minerals had a net margin of 12.33% and a return on equity of 4.16%. During the same period in the previous year, the business posted $0.07 EPS.

PHX Minerals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Thursday, November 21st were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.16 annualized dividend and a dividend yield of 4.03%. PHX Minerals’s dividend payout ratio (DPR) is presently 123.08%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of PHX Minerals in a research note on Sunday, January 5th. They set a “hold” rating for the company.

About PHX Minerals

PHX Minerals Inc operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies.