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The State of New Jersey Common Pension Fund D increases its stake in Chesapeake Energy Co. (NASDAQ:CHK)

The State of New Jersey Common Pension Fund D increases its stake in Chesapeake Energy Co. (NASDAQ:CHK)

The most recent filing that Chesapeake Energy Co. made with the Securities and Exchange Commission revealed that during the third quarter of the company’s fiscal year, the State of New Jersey Common Pension Fund D increased its holdings in Chesapeake Energy Co. (NASDAQ: CHK) by 8.6%. Chesapeake Energy Co provided this information. Following the acquisition of an additional 5,275 shares of the company’s stock during the period in question, the business currently holds 66,336 shares of ownership. At the end of the most recent reporting period, the State of New Jersey Common Pension Fund D owned approximately 0.05% of Chesapeake Energy. This information was obtained from the fund’s most recent investment statement. At that time, this ownership was estimated to be worth $6,250,000.

Other institutional investors have changed the total quantity of CHK they are holding due to the adjustment that was made. Raymond James Financial Services Advisors Inc. increased the amount of Chesapeake Energy stock owned by 23.2% during the first three months of 2018. As of right now, Raymond James Financial Services Advisors Inc. owns 5,958 shares of the company’s stock, which has a value of $518,000 thanks to the purchase of an additional 1,121 shares during the most recent fiscal quarter. This brought the total number of shares owned by Raymond James Financial Services Advisors Inc. to 5,958. American Century Companies Inc. increased the proportion of Chesapeake Energy that it owned by 44.0 percent over the year’s first three months. American Century Companies Inc. now has 28,070 shares, valued at $2,442,000, after acquiring an additional 8,578 shares during the preceding quarter. These shares were purchased by American Century Companies, Inc. PNC Financial Services Group Inc. increased its holdings in Chesapeake Energy by 20,980.0% during the first three months of 2018. After purchasing an additional 1,049 shares of the company’s stock during the most recent fiscal quarter, PNC Financial Services Group Inc. now has a total of 1,054 shares of the company’s stock in its possession. These shares are currently fetching a market price is $93,000. Allianz Asset Management GmbH added 64.3% more shares of Chesapeake Energy to its holdings during the first three months of the year. Allianz Asset Management GmbH currently holds a total of 287,074 shares of the company following the acquisition of an additional 112,360 shares during the preceding quarter. Each share of the company has an estimated market value of $24,976,000. Last but not least, during the first three months of the year, Prudential plc acquired a new investment in Chesapeake Energy. The total value of this investment was approximately $569,000, and it was purchased for that amount.

To kick off trading on Friday, the price of each share of CHK stock was established at $91.49. The debt-to-equity ratio, the quick ratio, and the current ratio each equal 0.43, and the sum of these three ratios equal 0.49. The moving average of the company’s performance over the past 50 days is $97.31, and the moving average over the last 200 days is $97.67. Chesapeake Energy Co. has seen its stock price range from a low of $61.45 to a high of $107.31 over the past 52 weeks. The company’s market capitalization is currently valued at $12.26 billion, with a price-to-earnings ratio of 4.77 and a beta value of 0.79.

On November 1st, the most recent quarterly earnings report was made public for Chesapeake Energy, a company whose stock is traded on the NASDAQ under the symbol CHK. It was reported that the company made a profit of $5.06 per share for the quarter, which was $0.58 more than the $4.48 per share that industry analysts had predicted it would make. Chesapeake Energy achieved a return on equity of 37.97%, and the net margin for the company was 26.07%. The company stated that it brought in $3.16 billion in revenue during the period in question, even though analysts predicted that it would bring in $1.83 billion in revenue during that period. In the current financial year, equity research analysts anticipate that Chesapeake Energy Co. will ge

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