Payden & Rygel Acquires Shares of 212,000 Coterra Energy Inc. $CTRA

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Payden & Rygel has acquired a new stake of 212,000 shares in Coterra Energy (NYSE:CTRA) during the third quarter, valued at approximately $5.01 million. This acquisition contributes to institutional investors owning 87.92% of the company’s stock. Coterra Energy holds a “Moderate Buy” consensus rating from analysts with an average target price of $33.48.

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