<div id="readability-page-1"><p>Mitsubishi UFJ Trust &amp; Banking Corp lessened its stake in  Baytex Energy Corp (NYSE:BTE - Free Report) <span>TSE: BTE<span></span></span> by 37.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 446,600 shares of the oil and gas producer's stock after selling 269,900 shares during the period. Mitsubishi UFJ Trust &amp; Banking Corp owned about 0.06% of Baytex Energy worth $1,427,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Baytex Energy</strong> alerts:</span></p></div><p>A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of  Baytex Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 29,449,680 shares of the oil and gas producer's stock valued at $95,270,000 after buying an additional 374,972 shares during the last quarter.  American Century Companies Inc. grew its position in shares of  Baytex Energy by 20.0% in the 3rd quarter. American Century Companies Inc. now owns 14,233,589 shares of the oil and gas producer's stock valued at $33,342,000 after buying an additional 2,375,496 shares during the last quarter.  Alliancebernstein L.P. grew its position in shares of  Baytex Energy by 7.4% in the 2nd quarter. Alliancebernstein L.P. now owns 10,710,876 shares of the oil and gas producer's stock valued at $19,172,000 after buying an additional 738,337 shares during the last quarter.  Goldman Sachs Group Inc. grew its position in shares of  Baytex Energy by 110.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,127,074 shares of the oil and gas producer's stock valued at $15,893,000 after buying an additional 3,743,234 shares during the last quarter.  Finally, UBS Group AG grew its position in shares of  Baytex Energy by 39.5% in the 3rd quarter. UBS Group AG now owns 5,129,075 shares of the oil and gas producer's stock valued at $12,002,000 after buying an additional 1,452,603 shares during the last quarter. Institutional investors own  46.15% of the company's stock. </p><h2>Baytex Energy Stock Up 2.7%</h2><p>Shares of Baytex Energy stock opened at $5.12 on Tuesday. Baytex Energy Corp has a one year low of $1.44 and a one year high of $5.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.61 and a quick ratio of 3.61. The stock's 50-day moving average is $4.20 and its 200 day moving average is $3.47. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of -8.97 and a beta of 0.39. </p><p>Baytex Energy (NYSE:BTE - Get Free Report) <span>TSE: BTE<span></span></span> last announced its earnings results on Wednesday, March 4th. The oil and gas producer reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.33). Baytex Energy had a negative net margin of 16.96% and a negative return on equity of 5.44%. The business had revenue of $251.38 million for the quarter, compared to the consensus estimate of $545.60 million.  Equities research analysts anticipate that  Baytex Energy Corp will post 0.18 EPS for the current year. </p><h2>Baytex Energy Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were paid a dividend of $0.0225 per share. This represents a $0.09 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Friday, March 13th. Baytex Energy's dividend payout ratio  is -12.28%. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have commented on the company. TD Cowen lowered Baytex Energy from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, January 16th. Wall Street Zen upgraded Baytex Energy from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, January 31st. Canaccord Genuity Group upgraded Baytex Energy from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Tuesday, April 14th. Scotiabank  restated an &#34;outperform&#34; rating on shares of Baytex Energy in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered Baytex Energy from a &#34;hold (c)&#34; rating to a &#34;sell (d)&#34; rating in a research report on Friday, March 6th. One research analyst  has rated the stock with a Strong Buy rating, three have assigned  a Buy rating, four have given a Hold rating and one  has given a Sell rating to the company. According to MarketBeat, the stock  has an average rating of &#34;Hold&#34;.</p><p><b>View Our Latest Report on BTE</b></p><h2>About Baytex Energy</h2> (Free Report)<p>Baytex Energy Corp. is an oil &amp; gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Baytex Energy</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJURQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJURQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Baytex Energy Right Now?</h2><p>Before you consider Baytex Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baytex Energy wasn't on the list.</p><p>While Baytex Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Mitsubishi UFJ Trust & Banking Corp reduced its stake in Baytex Energy Corp by 37.7% in Q4, selling 269,900 shares, leaving it with 446,600 shares valued at $1.43 million. Other institutional investors, including Vanguard and Goldman Sachs, also increased their positions in Baytex. The stock opened at $5.12, up 2.7%, with a market cap of $3.74 billion. Baytex reported a negative EPS of ($0.31) for the last quarter and declared a quarterly dividend of $0.0225 per share. Analysts have mixed ratings on the stock, with an average rating of "Hold."</p>

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Mitsubishi UFJ Trust & Banking Corp Sells 269,900 Shares of Baytex Energy Corp $BTE