Originally published on Best Stocks Category: best stocks to buy now According to BayStreet.CA, in a research note released Tuesday, TD Securities investment analysts raised their target price for Viper Energy Partners (NASDAQ: VNOM) from $37.00 to $40.00. The business now rates the oil and gas producer’s shares as a “buy.” From the stock’s current price of 17.37%, TD Securities’ target price would suggest a likely gain.More equity research analysts have offered their opinions on the company. MKM Partners started writing a research paper on Viper Energy Partners on Wednesday, July 20. The company has a “buy” rating from them, and its target price is $31.00. Piper Sandler lowered Viper Energy Partners’ target price from $39.00 to $37.00 in a research report released on Friday, July 22. On Thursday, August 18, TheStreet changed Viper Energy Partners’ rating from “c+” to “b-” in a research note. Finally, credit Suisse Group increased the price objective for Viper Energy Partners to $37.00 in a research note released on Tuesday, August 9.Last but not least, Raymond James reduced its “outperform” rating and price objective on Viper Energy Partners from $41 to $38 in a report published on Monday, October 24. Compared to the one who gave the stock a “hold” rating, seven financial experts gave the company’s shares a “buy” rating. According to Bloomberg.com, the business now has a consensus rating of “Moderate Buy” with an average price target of $37.78.On Tuesday, the price of VNOM shares dropped by $1.34 to $34.08. Twenty-seven thousand nine hundred ninety shares of the company’s stock were exchanged, versus an average daily volume of 489,055. Viper Energy Partners’ 52-week range is $19.19 to $35.85. The company’s quick, current, and debt-to-equity ratios are all 5.21. The stock has a $5.65 billion market cap, a PE ratio of 24.24, a beta value of 1.96, and both fifty-day and 200-day simple moving averages of $30.16.Additionally, Holdings L.P. Blackstone III, a key stakeholder, sold 205,000 shares of the company’s stock on November 4. The average price paid for the shares was $34.36 for a total transaction value of $7,043,800.00. As a result, the insider will have 10,475,000 shares of the business, worth $359,921,000, right after the sale. Documentation outlining the transaction was submitted to the Securities and Exchange Commission and is available online at the SEC website. As a result, insiders generated a $32,575,500 by selling 961,000 shares of company stock in the last three months. Insiders of the company hold 0.30% of the stock.Hedge funds and other institutional investors have recently acquired and sold shares in the business. Cardinal Capital Management LLC grew its ownership of Viper Energy Partners by 6.8% during the first quarter. Cardinal Capital Management LLC now has 3,028,295 shares with a market valuation of $89,547,000 after acquiring an additional 192,221 shares in the most recent quarter. Eagle Asset Management Inc. grew its holding in Viper Energy Partners by 1.4% during the second quarter. Eagle Asset Management Inc. has now acquired a total of 2,733,598 shares of the oil and gas producer’s stock for an additional 38,611 shares, for a $72,932,000 total transaction value. Horizon Kinetics Asset Management LLC grew its holding in Viper Energy Partners by 14.4% during the second quarter. Horizon Kinetics Asset Management LLC now owns 2,519,252 shares of the oil and gas producer’s stock, valued at $67,214,00, after acquiring an additional 316,238 shares during the most recent quarter. Viper Energy Partners’ stock holdings climbed by 10.1% during the second quarter thanks to Millennium Management LLC. Millennium Management LLC now directly owns 937,911 shares of the oil and gas company with a market cap of $25,023,000 after purchasing an additional 85,918 shares in the most recent quarter.Last but not least, GW&K Investment Management LLC grew its stake in Viper Energy Partners by 0.3% during the first quarter. GW&K Investment Management LLC now owns 793,082 shares of the oil and gas producer’s stock, valued at $23,451,000, after acquiring an additional 2,706 shares in the most recent quarter. Hedge funds and institutions currently control 43.41% of the stock.Viper Energy Partners LP is a company that owns, acquires, and utilizes oil and natural gas resources in North America. It has mineral interests in 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale, as well as proved oil and natural gas reserves estimated to be worth 127,888 thousand barrels of crude oil equivalent as of December 31, 2021.