<div id="readability-page-1"><p>Pacer Advisors Inc. raised its stake in  Magnolia Oil &amp; Gas Corp (NYSE:MGY - Free Report) by 16,251.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 626,745 shares of the company's stock after acquiring an additional 622,912 shares during the quarter. Pacer Advisors Inc. owned approximately 0.33% of Magnolia Oil &amp; Gas worth $14,960,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Magnolia Oil &amp; Gas</strong> alerts:</span></p></div><ul><li>3 Top Energy Stocks to Buy in 2022</li></ul><p>Other hedge funds also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of  Magnolia Oil &amp; Gas by 236.2% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,190 shares of the company's stock valued at $27,000 after purchasing an additional 836 shares during the last quarter.  Caitong International Asset Management Co. Ltd acquired a new stake in  Magnolia Oil &amp; Gas in the second quarter valued at approximately $30,000.  EverSource Wealth Advisors LLC boosted its position in  Magnolia Oil &amp; Gas by 165.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company's stock valued at $31,000 after buying an additional 864 shares in the last quarter.  Geneos Wealth Management Inc. grew its stake in shares of  Magnolia Oil &amp; Gas by 90.5% during the second quarter. Geneos Wealth Management Inc. now owns 2,212 shares of the company's stock worth $50,000 after buying an additional 1,051 shares during the last quarter.  Finally, Farther Finance Advisors LLC increased its holdings in shares of  Magnolia Oil &amp; Gas by 13.2% during the third quarter. Farther Finance Advisors LLC now owns 4,284 shares of the company's stock worth $102,000 after buying an additional 500 shares in the last quarter. 94.73% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Magnolia Oil &amp; Gas Stock Down 0.4%</h2><p>Shares of MGY opened at $21.71 on Friday. The stock's 50-day moving average price is $22.60 and its two-hundred day moving average price is $23.35. Magnolia Oil &amp; Gas Corp has a 12 month low of $19.09 and a 12 month high of $26.84. The company has a market capitalization of $4.10 billion, a PE ratio of 12.13, a PEG ratio of 2.93 and a beta of 0.93. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.20. </p><ul><li>3 Small Caps Ready to Make a Run</li></ul><p>Magnolia Oil &amp; Gas (NYSE:MGY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.41 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.41. The company had revenue of $324.94 million during the quarter, compared to the consensus estimate of $322.52 million. Magnolia Oil &amp; Gas had a return on equity of 18.10% and a net margin of 25.90%.The firm's revenue was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.52 earnings per share.  On average, analysts anticipate that  Magnolia Oil &amp; Gas Corp will post 2.1 EPS for the current year. </p><h2>Magnolia Oil &amp; Gas Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, November 10th. This represents a $0.60 annualized dividend and a yield of 2.8%. Magnolia Oil &amp; Gas's dividend payout ratio (DPR) is presently 33.52%. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently weighed in on the company. Piper Sandler cut their price objective on Magnolia Oil &amp; Gas from $25.00 to $23.00 and set a &#34;neutral&#34; rating on the stock in a report on Tuesday, November 18th. KeyCorp  set a $29.00 target price on Magnolia Oil &amp; Gas and gave the company an &#34;overweight&#34; rating in a research report on Wednesday, October 15th. Mizuho  set a $29.00 price target on Magnolia Oil &amp; Gas in a report on Friday, December 12th. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Magnolia Oil &amp; Gas in a research note on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average target price of $26.50.</p><p><b>Get Our Latest Research Report on Magnolia Oil &amp; Gas</b></p><h2>Magnolia Oil &amp; Gas Company Profile</h2> (Free Report)<p>Magnolia Oil &amp; Gas Corp <span>NYSE: MGY<span></span></span> is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.  </p><p>The company's core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Magnolia Oil &amp; Gas</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>The $650 Million Bet on AI's Future</li><li>Nvidia x 1,000,000</li><li>GOLD ALERT</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1HWQ?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-UHJlZml4PU5ZU0UmU3ltYm9sPU1HWQ"/></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 Magnolia Oil &amp; Gas Right Now?</h2><p>Before you consider Magnolia Oil &amp; Gas, 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 Magnolia Oil &amp; Gas wasn't on the list.</p><p>While Magnolia Oil &amp; Gas 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>Pacer Advisors Inc. increased its stake in Magnolia Oil & Gas Corp by 16,251.3% in the third quarter, acquiring an additional 622,912 shares. The fund now owns 626,745 shares worth $14.96 million. Other hedge funds also adjusted their positions in the company. Magnolia Oil & Gas reported $0.41 EPS for the quarter, with revenue of $324.94 million. The company declared a quarterly dividend of $0.15 per share. Analysts have mixed ratings on the stock, with a consensus rating of 'Hold'.</p>

Pacer Advisors Inc. Acquires 622,912 Shares of Magnolia Oil & Gas Corp $MGY