Analyzing the Insider Data for Callon Petroleum Company (CPE)

They set an outperform rating and a $16.00 price target on the stock.

Selz Capital Llc decreased Callon Petroleum Corp (CPE) stake by 65% reported in 2017Q2 SEC filing.

A number of other equities analysts have also weighed in on the company.

Callon Petroleum Company (NYSE:CPE)'s trailing twelve month revenues are $317.3 Million, whereas its price to sales ratio for the same period is 6.84. BMO Capital Markets reissued a buy rating and set a $15.00 price objective on shares of Callon Petroleum in a research note on Wednesday, September 6th. Canaccord Genuity reiterated a "buy" rating and set a $22.00 price objective on shares of Callon Petroleum Company in a research note on Tuesday, February 28th. Furthermore on 7/21/17 Citigroup "Maintained" the stock to Buy at $14. Callon Petroleum had 77 analyst reports since July 21, 2015 according to SRatingsIntel.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.7 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. Analysts on average have given a price target of $15.64 to Callon Petroleum Company stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have assigned a buy rating to the company. CPE 's 20-day moving average now sits below its 100-day moving average.

Callon Petroleum (CPE) traded down $0.61 during mid-day trading on Wednesday, hitting $10.76. The stock's market cap is $2.25 billion. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.84. Callon Petroleum Company has a 12-month low of $10.34 and a 12-month high of $18.53.

At the end of 09/30/2017 reporting period, 174 institutional holders increased their position in Callon Petroleum Company (NYSE:CPE) by some 45,433,681 shares, 114 decreased positions by 28,268,618 and 31 held positions by 183,096,157. The oil and natural gas company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $84.60 million for the quarter, compared to analyst estimates of $81.98 million. The firm's revenue for the quarter was up 51.3% compared to the same quarter past year. BlackRock Inc. now owns 12,953,769 shares of the oil and natural gas company's stock valued at $137,439,000 after purchasing an additional 851,876 shares in the last quarter. The New York-based Morgan Stanley has invested 0% in Callon Petroleum Company (NYSE:CPE). The institutional investor owned 71,793 shares of the oil and natural gas company's stock after purchasing an additional 16,652 shares during the quarter. Hodges Capital Management Inc. lifted its position in shares of Callon Petroleum by 0.5% during the second quarter. Goldman Sachs Group Inc. now owns 7,426,037 shares of the oil and natural gas company's stock valued at $78,790,000 after purchasing an additional 92,434 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Callon Petroleum by 2.0% during the second quarter. State Street Corp now owns 7,845,502 shares of the oil and natural gas company's stock valued at $83,244,000 after purchasing an additional 802,785 shares in the last quarter. Finally, Intrust Bank NA bought a new position in Callon Petroleum in the 3rd quarter valued at $139,000. IL now owns 26,138 shares of the oil and natural gas company's stock worth $277,000 after purchasing an additional 670 shares during the last quarter. If you are reading this story on another site, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. First Personal Finance Services holds 0% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 621 shares. The company has a net profit margin of 18.80% and is more profitable than the average Independent Oil & Gas player.

Related News:

Most liked

(UNP) Holdings Reduced by Bank of Hawaii
Gfs Advisors Llc increased its stake in Cvs Health Corp (CVS) by 9.61% based on its latest 2017Q2 regulatory filing with the SEC. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.01.

PUBG for Xbox Was Treated Like a First-Party Title at Microsoft
Player Unknown Battlegrounds has had a hell of a year, one that will go down in history in the world of successful game launches. Tonight during The Game Awards 2017 , Bluehole showed off the first gameplay trailer for PUBG 's new desert map.

Palestinians say they won't meet with Pence
Rajoub also signalled that Abbas would not meet with Pence during his planned visit later this month. Protests have kicked off throughout Israel , specifically in the West Bank, Gaza and Jerusalem.

Indian Drone Violated Chinese Airspace Due to Technical Problem
In Beijing , both the defence and foreign ministries said the Indian UAV had crashed into the Chinese side of the border recently. Zhang said his country would defend its national sovereignty against such intrusions.

Wisma Putra urges USA to reconsider Jerusalem move
AP had called on the United States to reverse the decision and move forward with seeking a lasting solution to the issue. Israel has traditionally recognized Jerusalem as its capital.

Did Conor McGregor and Rita Ora get close on their 'date-night'?
Which pugilistic sport will he even be competing in? UFC boss Dana White is unsure when Conor McGregor will return to the octagon. A trilogy fight with Nate Diaz also remains a tantalising prospect and perhaps the most lucrative as far as UFC are concerned.

YouTube to Launch New Subscription Music Streaming Service Next Year
But with YouTube offering a paid subscription option, that should help alleviate any concerns for those companies moving forward. According to Bloomberg , the new service is planned to arrive in March and is now being referred to internally as Remix.

Cypress Asset Management Has Lifted Verizon Communications (VZ) Holding; Retractable Technologies (RVP)'s
The institutional investor owned 104,214 shares of the cell phone carrier's stock after selling 86,621 shares during the quarter. Rothschild Asset Mgmt Incorporated invested 0.14% of its portfolio in Verizon Communications Inc . (NYSE:VZ) for 61,439 shares.

Care wait times longest in two decades of tracking
There are about 5,900 specialists in B.C., so the Fraser Institute didn't hear from 94 per cent of them, he said. 7, the Fraser Institute will release its annual survey of health-care wait times in Canada.

Clashes continue as Israel strikes Gaza militant posts after rockets fired
President Donald Trump's decision to recognize Jerusalem as the capital of Israel, in the northern Gaza Strip December 7, 2017. Nevertheless, IDF tanks and warplanes bombed two Hamas military positions in Gaza in retaliation.

Zelda: Breath Of The Wild's Champions' Ballad DLC Launches Tonight
As for the awesome bike that is shown at the end, the Master Cycle 0, it can be unlocked once you clear the new DLC content. From there, a trailer ran that showcased each of the titular champions, a variety of new shrines, and new gear.

Intraday reports for Oil and Natural Gas Corporation(ONGC, 500312) Stock & Share Prices
The stock has a market capitalization of $12,870.00, a price-to-earnings ratio of 74.55, a P/E/G ratio of 1.91 and a beta of 0.52. Westwood Holdings Group Inc. acquired a new stake in shares of Cabot Oil & Gas in the second quarter valued at about $100,000.

Ousted Queen Movie Director Bryan Singer Accused of Sexual Assault
Jeff Herman , the same attorney who represented Michael Egan in his suit against Singer a couple years ago, filed the lawsuit. Singer later promised he would help Sanchez-Guzman in Hollywood if he didn't tell anyone what had happened, the suit says.

Delhi International Film Festival Pays Tribute To Stalwarts Of The Entertainment Industry
Egyptian Wahid Hamid, who has been producing script for Arab TV and cinema for more than 40 years, was also rewarded. The festival was honoured by the presence of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum.

Safety tips to help prevent Christmas tree fires this holiday season
This is the 13th year for Trees for Troops and they have achieved a milestone by reaching over 2 hundred thousand trees delivered. Her latest tree was decorated for the Pathways Center in Greensboro - a family shelter operated by Greensboro Urban Ministry.