Blue Trust Inc. holds a $165,000 stake in HighPeak Energy, Inc. (NASDAQ: HPK).

February 05, 2025 12:28 AM PST | By Team Kalkine Media

Blue Trust Inc. holds a $165,000 stake in HighPeak Energy, Inc. (NASDAQ: HPK). — Image source: Shutterstock

Investment Insights into HighPeak Energy (NASDAQ:HPK)

In a recent move, Blue Trust Inc. significantly boosted its holdings in HighPeak Energy, Inc. (NASDAQ:HPK) by acquiring an additional 6,236 shares, reflecting a remarkable 109.8% increase in their position during the fourth quarter. This brought their total holdings to 11,914 shares, valued at approximately $165,000. This strategic decision indicates a noteworthy interest in the company's potential and future prospects.

Amidst shifting investor dynamics, several other institutional investors and hedge funds also made substantial changes to their positions in HighPeak Energy. Notably, Dimensional Fund Advisors LP increased its stake by 7.2% in the second quarter, leading to 51,758 shares valued at $728,000. SG Americas Securities LLC entered the fold with a new investment worth $107,000 in the third quarter, showcasing a burgeoning interest in this energy player.

Further, Sanders Morris Harris LLC made a significant impact by acquiring a new position worth approximately $4,506,000. Empowered Funds LLC and Charles Schwab Investment Management Inc. also expanded their stakes, with the latter growing its stake by 24.2% to reach 182,274 shares valued at $2,530,000. Such moves underscore the fluctuating yet potentially lucrative nature of HighPeak Energy's stock within the market.

Stock Performance and Financial Outlook

HighPeak Energy's stock displayed a varied yet steady performance, opening at $14.08. Metrics such as a 50-day moving average price of $14.46 and a 200-day moving average of $14.68 point towards a balanced trend. With a market cap of $1.78 billion and a P/E ratio of 11.09, coupled with a beta of 0.73, the company presents a resilient financial stance within the energy sector.

In its latest earnings report, HighPeak Energy showcased a commendable performance with earnings per share of $0.35, surpassing analysts' expectations of $0.23. Despite a 21.4% decrease in quarterly revenue year-over-year, the company achieved a net margin of 15.94% and a return on equity of 14.83%. These figures portray a promising financial trajectory as analysts forecast a potential EPS of 0.78 for the current fiscal year.

Strategic Price Adjustments and Market Predictions

In a strategic analysis, Truist Financial revised its price target for HighPeak Energy, increasing it from $14.00 to $15.00. As the company remains engaged in the exploration and production of crude oil and natural gas within key areas, its market position is anticipated to weather industry fluctuations.

About HighPeak Energy

HighPeak Energy, Inc. is an independent oil and natural gas company involved in the exploration, development, and production of resources in the Permian Basin. Since its inception in 2019 in Fort Worth, Texas, the company has embarked on a mission to enhance its market presence and leverage opportunities within the energy sector.

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