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Chesapeake Energy (CHK) Forms $4.09 Double Bottom; Kennedy Capital Management Has Boosted Its Park Electrochemical (PKE) Holding

Chesapeake Energy Corporation (CHK) formed double bottom with $3.93 target or 4.00% below today’s $4.09 share price. Chesapeake Energy Corporation (CHK) has $3.66 billion valuation. The stock increased 0.49% or $0.02 during the last trading session, reaching $4.09. About 26.80M shares traded. Chesapeake Energy Corporation (NYSE:CHK) has risen 49.74% since December 2, 2016 and is uptrending. It has outperformed by 33.04% the S&P500.

Kennedy Capital Management Inc increased Park Electrochemical Corp (PKE) stake by 155.16% reported in 2017Q2 SEC filing. Kennedy Capital Management Inc acquired 108,031 shares as Park Electrochemical Corp (PKE)’s stock declined 14.61%. The Kennedy Capital Management Inc holds 177,658 shares with $3.27 million value, up from 69,627 last quarter. Park Electrochemical Corp now has $388.76M valuation. The stock increased 0.58% or $0.11 during the last trading session, reaching $19.21. About 61,702 shares traded or 3.05% up from the average. Park Electrochemical Corp. (NYSE:PKE) has risen 8.41% since December 2, 2016 and is uptrending. It has underperformed by 8.29% the S&P500.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.02, from 1.17 in 2017Q1. It increased, as 54 investors sold Chesapeake Energy Corporation shares while 111 reduced holdings. 60 funds opened positions while 136 raised stakes. 577.13 million shares or 0.27% less from 578.67 million shares in 2017Q1 were reported. Ngam Advsrs L P has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Cetera Advisor Net Ltd Llc owns 41,772 shares for 0.01% of their portfolio. Hudock Group Llc reported 4,063 shares or 0.01% of all its holdings. Moreover, Mitsubishi Ufj & Banking Corporation has 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 18,684 shares. Bridgeway holds 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 20,000 shares. D Scott Neal Inc holds 0% or 42 shares in its portfolio. 95,042 are held by Qs Ltd Liability Corp. Hanson Mcclain has 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 300 shares. Pomelo Ltd Liability Corp holds 513,000 shares. Hl Fincl Services Limited Com invested in 10,450 shares. Tradewinds Capital Management Ltd Company holds 500 shares. Moreover, Ubs Oconnor Llc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 24,471 shares. State Of Tennessee Treasury Department owns 352,397 shares. Hutchin Hill L P holds 308,400 shares or 0.05% of its portfolio. Gsa Cap Prns Ltd Liability Partnership accumulated 18,799 shares or 0.01% of the stock.

Among 32 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 7 have Buy rating, 7 Sell and 18 Hold. Therefore 22% are positive. Chesapeake Energy Corporation had 85 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $700 target in Monday, May 29 report. On Thursday, January 28 the stock rating was downgraded by Wunderlich to “Hold”. The company was maintained on Friday, March 11 by Deutsche Bank. PiperJaffray maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Monday, September 18. PiperJaffray has “Neutral” rating and $4 target. The firm has “Buy” rating by SunTrust given on Monday, October 19. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Underperform” rating by Jefferies on Monday, October 9. UBS maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Thursday, August 6. UBS has “Sell” rating and $6 target. The rating was maintained by Citigroup on Friday, July 21 with “Neutral”. The stock has “Buy” rating by Bank of America on Monday, May 15. The rating was downgraded by Bernstein to “Market Perform” on Tuesday, November 3.

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on February, 22. They expect $0.23 earnings per share, up 228.57% or $0.16 from last year’s $0.07 per share. CHK’s profit will be $205.88M for 4.45 P/E if the $0.23 EPS becomes a reality. After $0.12 actual earnings per share reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts 91.67% EPS growth.

Kennedy Capital Management Inc decreased Teledyne Technologies Inc (NYSE:TDY) stake by 6,146 shares to 137,214 valued at $17.52M in 2017Q2. It also reduced United Community Banks Inc (NASDAQ:UCBI) stake by 117,470 shares and now owns 931,664 shares. Sterling Bancorp (NYSE:STL) was reduced too.

Investors sentiment decreased to 0.93 in 2017 Q2. Its down 0.25, from 1.18 in 2017Q1. It worsened, as 12 investors sold PKE shares while 29 reduced holdings. 8 funds opened positions while 30 raised stakes. 16.52 million shares or 1.00% less from 16.69 million shares in 2017Q1 were reported. Manufacturers Life Commerce The reported 0% stake. First Limited Partnership has invested 0% of its portfolio in Park Electrochemical Corp. (NYSE:PKE). The New Hampshire-based Ledyard Bankshares has invested 0% in Park Electrochemical Corp. (NYSE:PKE). Invesco Limited invested in 146,861 shares or 0% of the stock. Bnp Paribas Arbitrage invested in 6,986 shares. Massachusetts-based Rhumbline Advisers has invested 0% in Park Electrochemical Corp. (NYSE:PKE). Ameritas Investment Prns invested in 0% or 1,804 shares. 116 were accumulated by Pnc Svcs Group. New York-based Walthausen Ltd Com has invested 0.06% in Park Electrochemical Corp. (NYSE:PKE). Us Financial Bank De holds 0% or 20,000 shares. Missouri-based Kennedy Capital Mgmt has invested 0.06% in Park Electrochemical Corp. (NYSE:PKE). Heartland Advsr invested in 1.52% or 1.28M shares. Swiss Natl Bank stated it has 0% in Park Electrochemical Corp. (NYSE:PKE). California State Teachers Retirement Systems owns 0% invested in Park Electrochemical Corp. (NYSE:PKE) for 34,125 shares. Pinebridge LP stated it has 41,625 shares.

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