Were Analysts Bearish Callon Petroleum Company (NYSE:CPE) This Week?

November 14, 2017 - By Vivian Currie

 Were Analysts Bearish Callon Petroleum Company (NYSE:CPE) This Week?
Investors sentiment decreased to 1.73 in Q2 2017. Its down 0.03, from 1.76 in 2017Q1. It dropped, as 38 investors sold Callon Petroleum Company shares while 55 reduced holdings. 33 funds opened positions while 128 raised stakes. 229.70 million shares or 2.94% more from 223.13 million shares in 2017Q1 were reported.
Gabelli Funds Ltd stated it has 0.02% of its portfolio in Callon Petroleum Company (NYSE:CPE). Proshare Advsrs Ltd Company holds 0% or 19,439 shares in its portfolio. Moreover, Dimensional Fund L P has 0.04% invested in Callon Petroleum Company (NYSE:CPE) for 7.19 million shares. Segall Bryant Hamill Ltd Llc holds 0.12% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 482,679 shares. Hsbc Holdg Public Ltd Liability accumulated 21,617 shares. Ranger Inv Mgmt Lp holds 1.24% or 1.64 million shares. 291,018 are held by Nationwide Fund Advsr. Victory Cap Inc accumulated 2.20 million shares or 0.05% of the stock. Penn Capital Mgmt Inc owns 148,587 shares or 0.12% of their US portfolio. Alyeska Invest Gru L P stated it has 0.01% in Callon Petroleum Company (NYSE:CPE). Cambiar Investors Lc invested 0.22% in Callon Petroleum Company (NYSE:CPE). Caymus Capital Prtnrs L P owns 4.86 million shares. Sir Capital Ltd Partnership stated it has 3.40M shares. Ftb Advsr has 2,432 shares. Suffolk Capital Management Limited Liability Corp has 92,946 shares for 0.13% of their portfolio.

Callon Petroleum Company (NYSE:CPE) Ratings Coverage

Among 30 analysts covering Callon Petroleum (NYSE:CPE), 27 have Buy rating, 0 Sell and 3 Hold. Therefore 90% are positive. Callon Petroleum had 75 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, September 30, the company rating was maintained by Imperial Capital. The firm earned “Neutral” rating on Wednesday, June 21 by Seaport Global. The rating was maintained by KeyBanc Capital Markets with “Buy” on Monday, October 23. JP Morgan initiated Callon Petroleum Company (NYSE:CPE) on Tuesday, October 13 with “Overweight” rating. The stock of Callon Petroleum Company (NYSE:CPE) earned “Buy” rating by UBS on Thursday, March 23. Imperial Capital maintained Callon Petroleum Company (NYSE:CPE) rating on Tuesday, February 9. Imperial Capital has “Outperform” rating and $10 target. The stock has “Outperform” rating by BMO Capital Markets on Thursday, September 22. The stock has “Buy” rating by Seaport Global on Wednesday, March 30. The stock has “Outperform” rating by FBR Capital on Friday, September 9. The stock has “Buy” rating by Northland Capital on Monday, September 25. Below is a list of Callon Petroleum Company (NYSE:CPE) latest ratings and price target changes.

07/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $15.0 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $16.0 Maintain
17/10/2017 Broker: Bank of America Rating: Buy Initiate
10/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $15.0 Maintain
10/10/2017 Broker: Jefferies Rating: Buy New Target: $16 Initiates Coverage On
03/10/2017 Broker: SunTrust Rating: Buy New Target: $14.0 Maintain
28/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $16.0 Maintain
25/09/2017 Broker: Northland Capital Rating: Buy New Target: $18.0 Maintain
18/09/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $16.0 Maintain
05/09/2017 Broker: BMO Capital Markets Rating: Buy New Target: $15.0 Maintain

About 1.50M shares traded. Callon Petroleum Company (NYSE:CPE) has risen 12.29% since November 14, 2016 and is uptrending. It has underperformed by 4.41% the S&P500.

Callon Petroleum Company is an independent oil and natural gas company. The company has market cap of $2.13 billion. The Firm is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It has a 24.28 P/E ratio. The Firm focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.

Another recent and important Callon Petroleum Company (NYSE:CPE) news was published by Prnewswire.com which published an article titled: “Callon Petroleum Company Announces Third Quarter 2017 Results” on November 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.