California Resources Corporation (NYSE:CRC) reached 85.83% versus a 1-year low price of $13.48. The stock was last seen 4.55% higher, reaching at $25.05 on 3/18/2019. At a recent session, the prices were hovering between $23.974 and $25.12. This company shares are 16.77% off its target price of $29.25 and the current market capitalization stands at $1.22B. The recent change has given its price a 19.69% lead over SMA 50 and -50.24% deficit over its 52-week high. The stock witnessed 24.07% gains, 16.95% gains and -34.06% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CRC’s volatility during a week at 4.98% and during a month it has been found around 5.66%.

California Resources Corporation (CRC) Top Holders

Institutional investors currently hold around $878 million or 76.9% in CRC stock. Look at its top three institutional owners: Vanguard Group Inc owns $88.4 million in California Resources Corporation, which represents roughly 7.25% of the company’s market cap and approximately 10.07% of the institutional ownership. Similar statistics are true for the second largest owner, State Street Corp, which owns 3,289,011 shares of the stock are valued at $78.81 million. The third largest holder is Blackrock Inc., which currently holds $78.18 million worth of this stock and that ownership represents nearly 6.41% of its market capitalization.

California Resources Corporation 13F Filings

At the end of December reporting period, 125 institutional holders increased their position in California Resources Corporation (NYSE:CRC) by some 10,987,830 shares, 140 decreased positions by 8,352,296 and 84 held positions by 17,288,991. That puts total institutional holdings at 36,629,117 shares, according to SEC filings. The stock grabbed 54 new institutional investments totaling 4,277,928 shares while 74 institutional investors sold out their entire positions totaling 3,360,699 shares.

California Resources Corporation (CRC) Analyst Guide

Several analysts have released their opinion on California Resources Corporation (NYSE:CRC), with 0 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.57 average brokerage recommendation [T1].