Are Analysts Bearish Callon Petroleum Company (NYSE:CPE) After Last Week?

Investors sentiment decreased to 1.22 in 2019 Q2. Its down 0.18, from 1.4 in 2019Q1. It is negative, as 28 investors sold Callon Petroleum Company shares while 74 reduced holdings. 29 funds opened positions while 95 raised stakes. 300.23 million shares or 5.11% more from 285.62 million shares in 2019Q1 were reported.
Virtu Ltd Com owns 59,180 shares for 0.02% of their portfolio. Ameritas Prtnrs Inc has invested 0.03% in Callon Petroleum Company (NYSE:CPE). The Pennsylvania-based Susquehanna Grp Llp has invested 0% in Callon Petroleum Company (NYSE:CPE). National Registered Investment Advisor Inc holds 0.13% or 34,766 shares in its portfolio. First Mercantile Trust Com invested in 42,657 shares or 0.03% of the stock. Ubs Asset Americas invested in 0% or 357,769 shares. Tower Research Ltd (Trc) reported 3,414 shares or 0% of all its holdings. Usca Ria Ltd Liability Corp invested in 0.03% or 15,000 shares. Moreover, Rr Limited Liability Corp has 0.5% invested in Callon Petroleum Company (NYSE:CPE) for 640,000 shares. Public Employees Retirement Sys Of Ohio has invested 0.01% in Callon Petroleum Company (NYSE:CPE). Vanguard holds 0.01% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 22.09 million shares. Brant Point Limited Liability has invested 0.32% of its portfolio in Callon Petroleum Company (NYSE:CPE). Teton Advisors accumulated 264,844 shares. Quantbot L P accumulated 43,110 shares. Illinois-based Citadel Advsr Limited Company has invested 0% in Callon Petroleum Company (NYSE:CPE).

Since August 27, 2019, it had 1 insider buy, and 0 selling transactions for $10,039 activity.

Callon Petroleum Company (NYSE:CPE) Ratings Coverage

Among 3 analysts covering Callon Petroleum (NYSE:CPE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Callon Petroleum has $1100 highest and $600 lowest target. $8.33’s average target is 83.89% above currents $4.53 stock price. Callon Petroleum had 10 analyst reports since March 20, 2019 according to SRatingsIntel. On Monday, June 24 the stock rating was maintained by Morgan Stanley with “Hold”. The company was upgraded on Monday, July 1 by Barclays Capital. On Monday, July 15 the stock rating was downgraded by Jefferies to “Hold”. The stock has “Overweight” rating by Barclays Capital on Friday, August 30. Below is a list of Callon Petroleum Company (NYSE:CPE) latest ratings and price target changes.

30/08/2019 Broker: Barclays Capital Rating: Overweight Old Target: $9.0000 New Target: $6.0000 Maintain
15/07/2019 Broker: Jefferies Old Rating: Buy New Rating: Hold New Target: $11.0000 Downgrade
01/07/2019 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight New Target: $9.0000 Upgrade
24/06/2019 Broker: Morgan Stanley Rating: Hold New Target: $8 Maintain
30/05/2019 Broker: BidaskScore Rating: Sell Downgrade
23/05/2019 Broker: Capital One Old Rating: Equal-Weight New Rating: Overweight Upgrade
14/05/2019 Broker: BidaskScore Rating: Sell Upgrade
05/05/2019 Broker: BidaskScore Rating: Sell Downgrade
21/03/2019 Broker: Morgan Stanley Rating: Equal-Weight New Target: $9 Initiates Coverage On
20/03/2019 Broker: Capital One Old Rating: Overweight New Rating: Equal-Weight Downgrade

The stock increased 3.90% or $0.17 during the last trading session, reaching $4.53. About 7.37M shares traded. Callon Petroleum Company (NYSE:CPE) has declined 55.60% since September 13, 2018 and is downtrending. It has underperformed by 55.60% the S&P500.

Callon Petroleum Company Inc., an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. The company has market cap of $969.72 million. As of December 31, 2016, its estimated net proved reserves totaled 91.6 million barrel of oil equivalent. It has a 4.66 P/E ratio.

More notable recent Callon Petroleum Company (NYSE:CPE) news were published by: Finance.Yahoo.com which released: “Oil Rally Continues As Bulls Gain Confidence – Yahoo Finance” on September 10, 2019, also Finance.Yahoo.com with their article: “These Fundamentals Make Callon Petroleum Company (NYSE:CPE) Truly Worth Looking At – Yahoo Finance” published on May 01, 2019, Finance.Yahoo.com published: “Will These 2 Falling Knives Bounce Back? – Yahoo Finance” on September 09, 2019. More interesting news about Callon Petroleum Company (NYSE:CPE) were released by: Streetinsider.com and their article: “Paulson Calls on Callon Petroleum (CPE) to Nix Carrizo Oil & Gas (CRZO) Deal and Shop Itself – Bloomberg – StreetInsider.com” published on September 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “How Callon Petroleum Company (NYSE:CPE) Can Impact Your Portfolio Volatility – Yahoo Finance” with publication date: July 05, 2019.

Callon Petroleum Company (NYSE:CPE) Institutional Positions Chart

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