Ladenburg Thalmann Sees Potential in Legacy Education with New Buy Rating
On October 22, 2024, Ladenburg Thalmann revealed its decision to begin coverage of Legacy Education (NYSEAM:LGCY) with a strong Buy recommendation.
Current Fund Sentiment
Three funds and institutions currently report ownership in Legacy Education, indicating stability as this number has not changed over the past quarter. The total shares held by institutions remained static at 5,000 shares, reflecting a 0.00% change in the last three months.
The MainStay CBRE Global Infrastructure Fund Class C, denoted as VCRCX, retains a shareholding of 5,000 shares in Legacy Education, which equates to a 0.04% ownership stake. There has been no change in this ownership level over the last quarter.
About Legacy Reserves
(Company Description)
Legacy Reserves, Inc. is involved in the development, production, and acquisition of oil and natural gas properties. The company places emphasis on the horizontal exploration of unconventional resources within the Permian Basin and efficiently manages shallow-decline oil and natural gas wells in regions such as the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent areas. Founded in October 2005, its headquarters are situated in Midland, TX.
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