Callon Petroleum Company (CPE) Receiving Somewhat Favorable News Coverage, Study Shows

Zimmer Partners LP now owns 3,688,000 shares of the oil and natural gas company's stock valued at $56,685,000 after buying an additional 2,813,000 shares during the last quarter.

About 286,442 shares traded. It has outperformed by 171.12% the S&P500. Blackrock invested 0% in Callon Petroleum Company (NYSE:CPE). Callon Pete Co Del now has $2.43B valuation. World Asset Management invested in 0.04% or 2,668 shares.

Callon Petroleum Company (CPE) has the market capitalization of $2.41 Billion.

Callon Petroleum Company (NYSE:CPE) on Thursday closed at $12.01.

Investors sentiment decreased to 1.05 in Q4 2016. HA has a 1-week performance of -0.98%. It fall, as 84 investors sold CMG shares while 198 reduced holdings. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Callon Petroleum Company by 296.7% in the fourth quarter. Illinois-based Westwood Management Il has invested 6.09% in Coherent, Inc. Independent Consultants Incorporated reported 40,605 shares or 0.21% of all its holdings. CPE is down around 13.91% from its 12-month high of $10.34 notched on Aug 02, 2016 but is -54.29% above its highest point the past 12 months of $18.53 a share. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Moreover, Icon Advisers has 0.03% invested in Coherent, Inc. (NASDAQ:UBSI) to report earnings on July, 27. Mendon Capital Advisors Corp owns 312,184 shares or 1.48% of their United States portfolio. Holland Limited Co holds 5,394 shares. (NASDAQ:COHR) for 24 shares.

Alyeska Gp Limited Partnership holds 0.61% or 4.40 million shares in its portfolio. Point72 Asia (Hong Kong) invested in 2,810 shares or 0.04% of the stock. Clearbridge Limited Liability Corporation accumulated 250 shares. California-based Lpl Financial Limited Com has invested 0.01% in Coherent, Inc. 206.80 million shares or 26.07% more from 164.04 million shares in 2016Q3 were reported. It also upped Oracle Corp (NYSE:ORCL) stake by 12,819 shares and now owns 207,154 shares. Pvh Corp (NYSE:PVH) was reduced too.

The stock increased 1.50% or $0.18 during the last trading session, reaching $12.19. The firm has "Focus Stock" rating given on Monday, May 16 by Howard Weil. The stock of Coherent, Inc. Credit Suisse initiated it with "Outperform" rating and $14 target in Tuesday, May 24 report. The stock has "Buy" rating by Needham on Thursday, November 3. Roth Capital set a $23.00 target price on shares of Callon Petroleum Company and gave the company a "buy" rating in a research report on Wednesday, February 22nd. On Monday, May 23 the stock rating was maintained by Benchmark with "Buy". The rating was downgraded by Guggenheim to "Neutral" on Monday, December 7.

Since January 1, 0001, it had 2 buys, and 0 insider sales for $164,462 activity. $794,406 worth of Coherent, Inc. A rating of 4 or 5 would indicate a consensus Sell.

Sell-side analysts also have something to say about this company. (NASDAQ:COHR) shares. VIJ SANDEEP sold $3.42M worth of stock.

Since February 14, 2017, it had 0 insider buys, and 1 sale for $57,800 activity.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, CPE earned gross profit of 120.52 Million, in 2015 100.68 Million gross profit, while in 2016 Callon Petroleum Company (CPE) produced 150.63 Million profit.

Now the shares of Callon Petroleum Company (CPE) has the trading volume of 9 Million shares with the average trading volume of 3960 shares. Therefore 88% are positive. Oberweis Asset owns 0.49% invested in Callon Petroleum Company (NYSE:CPE) for 107,250 shares. The rating was maintained by Canaccord Genuity on Thursday, September 8 with "Buy". The rating was maintained by Imperial Capital on Friday, September 30 with "Outperform". The firm has "Overweight" rating by JP Morgan given on Tuesday, October 13. KeyBanc Capital Markets has "Overweight" rating and $16 target. The average analysts gave this company a mean recommendation of 2.30. The rating was upgraded by Seaport Global to "Buy" on Wednesday, March 30. Greenwood Capital Ltd invested in 0.09% or 20,068 shares. (NYSE:ALL) stake by 44,311 shares and now owns 223,246 shares.

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