Values First Advisors Inc. Decreases Stock Holdings in VAALCO Energy, Inc. (NYSE:EGY)

Values First Advisors Inc. lowered its stake in shares of VAALCO Energy, Inc. (NYSE:EGY) by 10.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 402,857 shares of the energy company’s stock after selling 49,077 shares during the quarter. VAALCO Energy comprises approximately 1.0% of Values First Advisors Inc.’s investment portfolio, making the stock its 26th largest holding. Values First Advisors Inc. owned about 0.38% of VAALCO Energy worth $1,760,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EGY. Foundry Partners LLC increased its holdings in shares of VAALCO Energy by 156.8% during the third quarter. Foundry Partners LLC now owns 1,200,474 shares of the energy company’s stock valued at $6,891,000 after acquiring an additional 733,084 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of VAALCO Energy by 66.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 962,824 shares of the energy company’s stock valued at $5,527,000 after acquiring an additional 386,071 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of VAALCO Energy during the third quarter valued at about $1,676,000. State Street Corp increased its holdings in shares of VAALCO Energy by 4.3% during the third quarter. State Street Corp now owns 4,285,378 shares of the energy company’s stock valued at $24,598,000 after acquiring an additional 176,259 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of VAALCO Energy during the third quarter valued at about $1,000,000. Institutional investors and hedge funds own 50.32% of the company’s stock.

VAALCO Energy Price Performance

Shares of NYSE:EGY opened at $4.31 on Wednesday. VAALCO Energy, Inc. has a twelve month low of $3.96 and a twelve month high of $7.51. The company’s 50 day moving average is $4.45 and its 200 day moving average is $5.39. The company has a current ratio of 1.34, a quick ratio of 1.32 and a debt-to-equity ratio of 0.14. The company has a market cap of $452.46 million, a PE ratio of 5.06 and a beta of 1.18.

VAALCO Energy (NYSE:EGY) last issued its quarterly earnings results on Monday, November 11th. The energy company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.04). VAALCO Energy had a return on equity of 15.63% and a net margin of 17.93%. The business had revenue of $140.33 million during the quarter, compared to analyst estimates of $128.64 million. During the same quarter last year, the company posted $0.07 EPS. On average, sell-side analysts forecast that VAALCO Energy, Inc. will post 0.43 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of VAALCO Energy from a “hold” rating to a “buy” rating in a report on Monday, January 20th.

VAALCO Energy Profile

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.