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Main » Institutional Investors Lead Shift in Callon Petroleum Co (NYSE:CPE) Sentiment

Institutional Investors Lead Shift in Callon Petroleum Co (NYSE:CPE) Sentiment

14 November 2017

The hedge fund held 323,000 shares of the oil & gas production company at the end of 2017Q2, valued at $3.43M, up from 172,700 at the end of the previous reported quarter. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-two have assigned a buy rating to the company's stock. The stock declined 6.45% or $0.72 reaching $10.44 per share. About 3.52M shares traded.

Callon Petroleum Company (CPE) have shown a high EPS growth of -18.00% in the last 5 years and has earnings rose of 79.20% yoy. It has underperformed by 4.41% the S&P500.The move comes after 6 months negative chart setup for the $2.25B company.

16 analysts on average are expecting the company to report revenue of $95.83 Million for the current quarter. The market capitalization of the company is at $2.28 Billion.

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Apollo Investment Corporation (NASDAQ:AINV) overall volume in the last trading session was 729,293 shares. Currently, 530.72 million total shares are owned by the public and among those 500.65 million shares have been available to trade. It has underperformed by 16.70% the S&P500.

Among 4 analysts covering Emergent Biosolutions (NYSE:EBS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Zacks Investment Research raised Callon Petroleum from a "sell" rating to a "hold" rating in a report on Tuesday, August 1st. Barclays Capital initiated the shares of CPE in report on Wednesday, April 26 with "Overweight" rating. Citigroup maintained it with "Buy" rating and $15 target in Thursday, July 13 report. The stock's average target of $15.33 is 30.80% above today's ($11.72) share price. RBC Capital Markets maintained the stock with "Buy" rating in Thursday, September 28 report. Similarly, the company's last 5 years high P/E ratio is 69.02 and low P/E is 8.39, whereas, the industry's and sector's high P/E for the past year is 131.26 and 31.53 respectively and low P/E ratio for the last 5 years is 6.08 for the industry and 10.03 for the Sector. As per Wednesday, September 28, the company rating was initiated by Evercore. The rating was initiated by RBC Capital Markets on Monday, September 21 with "Sector Perform". The firm has "Buy" rating by Stifel Nicolaus given on Thursday, July 13.

Investors sentiment decreased to 1.73 in 2017 Q2. Its down 0.03, from 1.76 in 2017Q1. Sold All: 38 Reduced: 55 Increased: 128 New Position: 33. 229.70 million shares or 2.94% more from 223.13 million shares in 2017Q1 were reported. Assetmark Inc owns 92,967 shares. State Street has 7.85M shares. Ftb Advisors invested in 0% or 2,432 shares. Michigan-based Northpointe has invested 0.02% in Callon Petroleum Company (NYSE:CPE). The Free Cash Flow Yield 5 Year Average of Callon Petroleum Company (NYSE:CPE) is -0.032608. Elk Creek Prtn Ltd Co reported 692,934 shares. E&G Advsrs Ltd Partnership holds 53,500 shares. Parkwood Lc holds 0.08% or 48,843 shares. Teacher Retirement Of Texas has invested 0% in Callon Petroleum Company (NYSE:CPE).

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Callon Petroleum Company (NYSE:CPE) reported its EPS in the last quarter as $0.09/Share lagging the analyst estimate of $0.09/Share by a difference of $0. Tributary Capital Mgmt Ltd Liability Corporation invested in 1.24% or 1.33 million shares. 502 were reported by Lenox Wealth Management. Blackrock holds 12.95 million shares or 0.01% of its portfolio. Viking Fund Management Llc, a North Dakota-based fund reported 1.14 million shares. (NYSE:CIT) news were published by: Seekingalpha.com which released: "CIT Group's (CIT) CEO Ellen Alemany on Q3 2017 Results - Earnings Call Transcript" on October 24, 2017, also Nasdaq.com with their article: "Ex-Dividend Reminder: CIT Group, Macerich and International Business Machines" published on November 07, 2017, Nasdaq.com published: "CIT Group Inc (DEL) (CIT) Ex-Dividend Date Scheduled for November 09, 2017" on November 08, 2017. Investorplace.com's news article titled: "Don't Ride The General Motors Company Stock Price Without a Parachute" with publication date: October 27, 2017 was also an interesting one.

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