Stock Showing Surging Activity: Callon Petroleum Company (CPE)

Gladys Abbott
June 20, 2017

The stock traded at a volume of 4.59 million shares. JD.Com Inc (ADR) (NASDAQ:JD) has risen 77.67% since June 19, 2016 and is uptrending. It has outperformed by 9.11% the S&P500. Magnetar Limited Co has invested 0.48% in Callon Petroleum Company (NYSE:CPE). Bamco reported 1.11M shares stake. Callon Pete Co Del now has $2.04B valuation. Beta value of the stock is marked at 1.42. Dimensional Fund Advsr Ltd Partnership invested in 0.02% or 2.86M shares. Caymus Prtn Limited Partnership has 2.18% invested in Callon Petroleum Company (NYSE:CPE) for 1.29M shares. It has underperformed by 4.41% the S&P500. Equities research analysts predict that Callon Petroleum Company will post $0.60 EPS for the current year. Therefore 75% are positive. NVR had 10 analyst reports since July 22, 2015 according to SRatingsIntel. Strs Ohio raised its stake in Callon Petroleum Company by 6.5% in the first quarter. The firm has "Market Perform" rating by Bernstein given on Tuesday, May 9. As per Monday, November 9, the company rating was maintained by Imperial Capital.

Taking a broader look at the analyst consensus, according to 26 analysts Callon Petroleum Company (NYSE:CPE)'s price will reach at $18.07 during 52 weeks. This estimate is provided by 16 analysts. JP Morgan has "Overweight" rating and $10 target. The low score of 52.00000 for Callon Petroleum Company indicates a top score for stability and growth. FBR Capital maintained the shares of CPE in report on Wednesday, March 1 with "Outperform" rating. Ameritas Investment Prtn Inc has invested 0.01% in Callon Petroleum Company (NYSE:CPE). They expect $0.13 EPS, up 160.00% or $0.08 from last year's $0.05 per share. Next quarter's EPS is forecasted to be $0.16 and the next full year EPS is anticipated to be $0.96.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Callon Petroleum Company the EPS stands at 0.1 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.1, suggesting the stock fell short of the analysts' expectations.

Investors sentiment decreased to 1.28 in 2016 Q4. The ATR (Average True Range) value is 0.55. 66 funds opened positions while 111 raised stakes. Tributary Capital Management LLC owned about 0.47% of Callon Petroleum Company worth $12,561,000 at the end of the most recent reporting period. Bank & Trust Of Nova Scotia, Ontario - Canada-based fund reported 56,888 shares.

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On 06/19/2017 close, Callon Petroleum Company (NYSE:CPE) rose 1.00% to $10.13. Castleark Llc reported 728,715 shares or 0.36% of all its holdings. Nicholas Investment Partners Limited Partnership accumulated 317,834 shares. Moreover, Kcg Hldgs has 0.03% invested in Callon Petroleum Company (NYSE:CPE). Callon Petroleum Company has its outstanding Shares of 209.61 Million.

Since February 14, 2017, it had 0 insider purchases, and 1 insider sale for $57,800 activity. The insider WEANT JERRY A sold $57,800. It also upped Ishares Tr (IWB) stake by 30,605 shares and now owns 366,768 shares. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold".

Several brokerage analysts have issued ratings on the company. Hillcrest Asset Management Llc sold 548,750 shares as the company's stock declined 11.69% while stock markets rallied. On Monday, December 12 the stock rating was upgraded by Macquarie Research to "Outperform". On Friday, October 28 the stock rating was downgraded by Imperial Capital to "In-Line". On Thursday, August 11 the stock rating was maintained by Citigroup with "Neutral". The company was maintained on Thursday, September 8 by Canaccord Genuity. Its up 0.73, from 0.89 in 2016Q3. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. Commercial Bank Of Montreal Can owns 195 shares. Its down 3% from 34.69 million shares previously. State Board Of Administration Of Florida Retirement reported 43,212 shares. The Jlb & Associates Inc holds 6,893 shares with $819,000 value, up from 4,071 last quarter. Finemark Bancorp has 0% invested in Brink's Company (NYSE:BCO). Prelude Capital Mngmt Ltd Limited Liability Company owns 258,356 shares for 0.48% of their portfolio. Hodges Cap Mngmt has 61,000 shares for 0.04% of their portfolio. Trexquant Inv LP reported 0.11% in Brink's Company (NYSE:BCO). Atlanta Cap L L C reported 491,126 shares. Northwestern Mutual Wealth Management reported 27 shares. Blackrock Institutional Tru Na accumulated 0.01% or 4.42M shares.

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