Chesapeake Energy's (CHK) "Hold" Rating Reiterated at Piper Jaffray Companies

Greatmark Investment Partners Inc sold 105,240 shares as the company's stock declined 5.25% while stock markets rallied. Current price places the company's stock -7.43% away from its 200-day simple moving average, 7.24%, away from the 50-day average and also 8.05% away from 20-day average. Principal Financial Group Inc who had been investing in Chesapeake Energy Corp for a number of months, seems to be bullish on the $3.80B market cap company. About 33.20M shares traded or 24.99% up from the average.

News stories about Chesapeake Energy (NYSE:CHK) have been trending somewhat positive recently, according to Accern Sentiment. It has outperformed by 33.04% the S&P500.

Farmers & Merchants Investments Inc decreased its stake in Bemis Co Common (BMS) by 15.87% based on its latest 2017Q3 regulatory filing with the SEC. Outfitter Advisors Ltd who had been investing in Hess Corp for a number of months, seems to be less bullish one the $17.18B market cap company. The stock increased 1.69% or $0.32 during the last trading session, reaching $19.2. About 8.64M shares traded. Bemis Company, Inc. (NYSE:BMS) has declined 9.13% since January 12, 2017 and is downtrending. It has underperformed by 3.61% the S&P500. SunTrust maintained Chesapeake Energy Corporation (NYSE:CHK) on Tuesday, January 2 with "Buy" rating. They expect $0.23 earnings per share, up 228.57% or $0.16 from last year's $0.07 per share. The institutional investor held 5.07M shares of the oil & gas production company at the end of 2017Q3, valued at $22.38 million, up from 4.39M at the end of the previous reported quarter. It now has negative earnings. Sheaff Brock Investment Advisors LLC increased its holdings in Chesapeake Energy by 3.4% during the 2nd quarter.

Investors sentiment increased to 1.25 in Q3 2017.

Mallinckrodt Public Limited Company (NYSE:MNK) closed up +0.51 points or 2.28% at $22.9 with 1.81 mln shares exchanging hands. Sold All: 53 Reduced: 94 Increased: 136 New Position: 48. The investment professionals in our partner's database now have: 575.42 million shares, down from 577.13 million shares in 2017Q2. The number of shares now owned by investors are 922.36 mln. It is positive, as 36 investors sold TRI shares while 97 reduced holdings. Geode Capital Management Limited Co reported 10.25M shares or 0.02% of all its holdings. Swiss Savings Bank accumulated 1.52M shares or 0.01% of the stock. Weiss Asset Mgmt L P, a Massachusetts-based fund reported 6,810 shares. Harris Assocs Lp, Illinois-based fund reported 68.31 million shares. Chesapeake Energy has a 1 year low of $3.41 and a 1 year high of $7.29. Jefferies Group downgraded shares of Chesapeake Energy from a "hold" rating to an "underperform" rating and cut their price objective for the company from $4.00 to $2.00 in a research report on Monday, October 9th. On Thursday, March 30 the stock rating was maintained by Wunderlich with "Buy". West Oak Llc accumulated 2,694 shares. Bessemer Grp Inc holds 0% or 1,000 shares in its portfolio.

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on February, 22. CHK was included in 88 notes of analysts from July 21, 2015. Tudor Pickering upgraded the stock to "Buy" rating in Thursday, July 21 report. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned "Hold" rating by Deutsche Bank on Wednesday, August 10. Sell-side analyst recommendations point to a short term price target of $29.53 on the company shares. Finally, Piper Jaffray Companies set a $4.00 price objective on Chesapeake Energy and gave the company a "hold" rating in a research note on Thursday, October 19th. The firm has "Buy" rating by Bank of America given on Monday, May 15. As per Tuesday, January 26, the company rating was maintained by Susquehanna. The company was upgraded on Tuesday, August 16 by Capital One. The stock has "Hold" rating by RBC Capital Markets on Tuesday, July 25. Citigroup maintained the shares of CHK in report on Monday, September 14 with "Neutral" rating.

Greatmark Investment Partners Inc, which manages about $285.51 million and $261.31M US Long portfolio, upped its stake in Target Corp (NYSE:TGT) by 99,610 shares to 100,410 shares, valued at $5.93M in 2017Q3, according to the filing. UBS Oconnor LLC acquired a new stake in shares of Chesapeake Energy in the second quarter worth $122,000. The company has also vertically integrated its operations and owns substantial marketing, midstream and oilfield services businesses directly and indirectly through its subsidiaries Chesapeake Energy Marketing, Inc., Chesapeake Midstream Development, L.P. and Chesapeake Oilfield Services, L.L.C. and its affiliate Chesapeake Midstream Partners, L.P. BMS's profit will be $56.29 million for 19.27 P/E if the $0.62 EPS becomes a reality.

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