Callon Petroleum Company (NYSE:CPE) Short Interest Decreased By 6.11%

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Hedge funds have recently made changes to their positions in the stock. The firm has a market capitalization of $2,861.48, a price-to-earnings ratio of 33.74 and a beta of 1.19. The lowest price the stock reached in the last trading day was $6.73 and compares with the $4.93 52-week low. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 21, 2017 and is uptrending.

Jonathan Barrett increased its stake in Callon Pete Co Del (CPE) by 91.26% based on its latest 2017Q4 regulatory filing with the SEC. Emerald Advisers Inc. PA now owns 880,176 shares of the oil and natural gas company's stock valued at $13,819,000 after buying an additional 100,603 shares during the period. The institutional investor held 986,364 shares of the oil & gas production company at the end of 2017Q4, valued at $11.98 million, up from 741,759 at the end of the previous reported quarter.

The company's consensus rating on Reuter's scale remained unchanged from 2.5 to 2.5 during a month. The stock decreased 0.95% or $1.53 during the last trading session, reaching $160.14. It has 3.84M average volume. Callon Petroleum Company (NYSE:CPE) has risen 0.92% since April 21, 2017 and is uptrending. CPE underperformed by 10.63% the S&P 500.

Big Money Sentiment decreased to 1.41 in Q4 2017. Shortening the period, the five-month price index is 1.07, the three-month price index is 1.17, while the one month price change is now 1.04. 126 funds opened positions while 239 raised stakes. About 36.52 million shares traded. If the answer is greater than 1, it indicates that the price of the stock is in gaining momentum. Advisory Ser Network reported 0% in Owens Corning (NYSE:OC). Employees Retirement Sys Of Texas invested in 0.26% or 506,500 shares. Toronto Dominion Bank stated it has 0% of its portfolio in Owens Corning (NYSE:OC). The 1492 Capital Management Llc holds 190,965 shares with $2.32M value, up from 16,917 last quarter. Zwj Investment Counsel accumulated 0.01% or 15,400 shares. Fiera Capital Corporation reported 304,247 shares. Miller Howard Investments owns 327,720 shares. Legal & General Gru Public Ltd Llc invested in 183,343 shares or 0% of the stock. Tributary Mngmt Ltd Liability Corp, Colorado-based fund reported 1.45M shares. On Tuesday, January 16 the stock has "Buy" rating by Mizuho. Fox Run Management L.L.C. acquired a new position in Callon Petroleum in the 4th quarter valued at $234,000. It also reduced its holding in Ingersoll Rand Co Cl A by 40 shares in the quarter, leaving it with 4,648 shares, and cut its stake in Applied Materials Inc (NASDAQ:AMAT).

Among 14 analysts covering Callon (NYSE:CPE), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. In Thursday, January 4 report Piper Jaffray initiated the stock with "Buy" rating. The rating was maintained by FBR Capital on Friday, July 29 with "Mkt Perform". The stock has "Buy" rating by Bank of America on Thursday, December 1. The company was maintained on Thursday, August 31 by Stifel Nicolaus. The company rating was initiated by Credit Suisse on Monday, December 11. As per Monday, September 25, the company rating was maintained by Northland Capital. The stock tapped a 52-week high of US$17.75 while the mean 12-month price target for the shares is US$17.86. The firm earned "Outperform" rating on Thursday, August 31 by Wells Fargo. The stock now has an average rating of "Buy" and a consensus price target of $16.44. After $0.15 EPS report last quarter, Wall Street now sees 26.67 % EPS growth of Callon Petroleum Company. Therefore 71% are positive. Callon Petroleum had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, September 30 by Imperial Capital. The rating was upgraded by Mizuho on Tuesday, November 21 to "Buy". On Monday, April 16 the firm earned "Buy" rating by SunTrust. Piper Jaffray maintained Callon Petroleum Company (NYSE:CPE) on Wednesday, April 18 with "Buy" rating. BMO Capital Markets maintained the shares of CPE in report on Tuesday, September 5 with "Buy" rating. The company rating was maintained by BMO Capital Markets on Tuesday, November 14. As per Thursday, June 23, the company rating was upgraded by Susquehanna. The company was upgraded on Thursday, August 6 by Zacks.

Deere & Co (DE) investors sentiment increased to 1.03 in 2017 Q4. Its down 0.22, from 1.63 in 2017Q3. It worsened, as 28 investors sold CPE shares while 75 reduced holdings. 92 funds opened positions while 159 raised stakes. The down change of 6.11% from 43.20 million shares was reported. Moreover, Atlantic Trust Group Inc Ltd has 0.07% invested in Callon Petroleum Company (NYSE:CPE) for 1.26 million shs. Mackenzie Financial accumulated 62,500 shares.

1492 Capital Management Llc increased Callon Pete Co Del (CPE) stake by 1028.83% reported in 2017Q4 SEC filing. Float short on Callon Petroleum Company is 20.21%. Four investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company's stock. Blackrock invested in 21.60M shares. Redwood Invs Ltd Liability holds 0.15% or 18,146 shares in its portfolio. Northern Corp holds 0.11% or 3.59 million shares. Commercial Bank Of Ny Mellon reported 5.07 million shs or 0.02% of all its holdings. Kennedy Mgmt Inc holds 1.83 million shares. 171,450 were reported by Castleark Mngmt Limited Liability. Blair William & Il has 26,894 shares for 0% of their portfolio.

Analysts await Red Hat, Inc.

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