<div id="readability-page-1"><p>Fisher Asset Management LLC cut its position in shares of  Viper Energy Inc. (NASDAQ:VNOM - Free Report) by 61.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,223 shares of the oil and gas producer's stock after selling 35,210 shares during the period. Fisher Asset Management LLC's holdings in Viper Energy were worth $847,000 as of its most recent SEC filing.</p><ul><li>MarketBeat ‘Stock of the Week’: Viper winds up as oil prices sink</li></ul><p>Other large investors have also added to or reduced their stakes in the company. Swiss National Bank increased its position in  Viper Energy by 22.1% in the first quarter. Swiss National Bank now owns 247,177 shares of the oil and gas producer's stock worth $11,160,000 after purchasing an additional 44,700 shares during the last quarter.  Vanguard Group Inc. grew its stake in shares of  Viper Energy by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 13,016,792 shares of the oil and gas producer's stock worth $587,708,000 after buying an additional 2,921,832 shares in the last quarter.  Kingsview Wealth Management LLC purchased a new position in shares of  Viper Energy in the 2nd quarter worth $505,000.  Horizon Kinetics Asset Management LLC increased its holdings in shares of  Viper Energy by 6.1% in the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 1,711,181 shares of the oil and gas producer's stock worth $65,247,000 after buying an additional 98,742 shares during the last quarter.  Finally, Jump Financial LLC raised its position in shares of  Viper Energy by 190.7% during the 1st quarter. Jump Financial LLC now owns 93,000 shares of the oil and gas producer's stock valued at $4,199,000 after buying an additional 61,005 shares in the last quarter. Institutional investors own  87.72% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several research analysts recently commented on VNOM shares. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Viper Energy in a research report on Wednesday, October 8th. Wells Fargo &amp; Company lifted their target price on Viper Energy from $49.00 to $51.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, November 17th. TD Securities  set a $54.00 price target on Viper Energy in a report on Tuesday, September 30th. Wall Street Zen downgraded Viper Energy from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Sunday, October 26th. Finally, KeyCorp cut their price objective on shares of Viper Energy from $56.00 to $54.00 and set an &#34;overweight&#34; rating on the stock in a research report on Wednesday, September 3rd. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued  a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $54.13.</p><p><b>View Our Latest Stock Analysis on VNOM</b></p><h2>Viper Energy Price Performance</h2><p>Shares of VNOM opened at $40.65 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 6.15 and a current ratio of 1.88. The company has a 50 day moving average price of $37.42 and a 200-day moving average price of $38.31. Viper Energy Inc. has a fifty-two week low of $34.71 and a fifty-two week high of $52.60. The stock has a market capitalization of $14.61 billion, a PE ratio of 16.80, a PEG ratio of 18.56 and a beta of 0.48. </p><p>Viper Energy (NASDAQ:VNOM - Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The oil and gas producer reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $418.00 million for the quarter, compared to analyst estimates of $389.35 million. Viper Energy had a net margin of 20.62% and a return on equity of 3.09%. Viper Energy's revenue was up 98.1% compared to the same quarter last year. During the same period last year, the company posted $0.49 earnings per share.  Equities analysts predict that  Viper Energy Inc. will post 2.02 earnings per share for the current fiscal year. </p><h2>Viper Energy Cuts Dividend</h2><p>The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, November 13th. Viper Energy's payout ratio is presently 54.55%. </p><h2>Viper Energy Profile</h2> (Free Report)<p>Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Viper Energy</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li><li>Investing in the High PE Growth Stocks </li><li>Gates Foundation Sells MSFT Stock—Should Investors Be Worried?</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Vk5PTQ?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-UHJlZml4PU5BU0RBUSZTeW1ib2w9Vk5PTQ"/></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 Viper Energy Right Now?</h2><p>Before you consider Viper 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 Viper Energy wasn't on the list.</p><p>While Viper Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VNOM

<p>Fisher Asset Management LLC reduced its stake in Viper Energy Inc. by 61.3% in Q2, selling 35,210 shares and retaining 22,223 shares valued at $847,000. Other investors adjusted their positions, with Swiss National Bank and Vanguard Group increasing their stakes. Viper Energy's stock has a consensus 'Moderate Buy' rating with a target price of $54.13. The company reported Q3 earnings of $0.40 per share, beating estimates, and declared a quarterly dividend of $0.33.</p>

Fisher Asset Management LLC Sells 35,210 Shares of Viper Energy Inc. $VNOM