Bridgeway Capital Management Inc decreased its stake in Callon Pete Co Del (CPE) by 27.64% based on its latest 2017Q3 regulatory filing with the SEC. Bridgeway Capital Management Inc sold 75,000 shares as the company’s stock declined 11.69% while stock markets rallied. The institutional investor held 196,300 shares of the oil & gas production company at the end of 2017Q3, valued at $2.21 million, down from 271,300 at the end of the previous reported quarter. Bridgeway Capital Management Inc who had been investing in Callon Pete Co Del for a number of months, seems to be less bullish one the $2.33 billion market cap company. The stock decreased 2.08% or $0.245 during the last trading session, reaching $11.515. About 888,276 shares traded. Callon Petroleum Company (NYSE:CPE) has risen 12.29% since March 19, 2017 and is uptrending. It has underperformed by 4.41% the S&P500.
Pictet North America Advisors Sa increased its stake in Baidu Inc (BIDU) by 249.27% based on its latest 2017Q3 regulatory filing with the SEC. Pictet North America Advisors Sa bought 68,968 shares as the company’s stock rose 1.94% with the market. The institutional investor held 96,636 shares of the technology company at the end of 2017Q3, valued at $23.94M, up from 27,668 at the end of the previous reported quarter. Pictet North America Advisors Sa who had been investing in Baidu Inc for a number of months, seems to be bullish on the $88.97B market cap company. The stock decreased 2.61% or $6.85 during the last trading session, reaching $255.54. About 1.17M shares traded. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since March 19, 2017 and is uptrending. It has underperformed by 4.68% the S&P500.
Among 32 analysts covering Callon Petroleum (NYSE:CPE), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Callon Petroleum had 91 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of CPE in report on Friday, June 2 with “Buy” rating. The stock of Callon Petroleum Company (NYSE:CPE) earned “Overweight” rating by KeyBanc Capital Markets on Monday, August 22. The rating was initiated by Tudor Pickering with “Buy” on Tuesday, June 20. The company was upgraded on Thursday, April 13 by Euro Pacific Capital. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with “Buy”. The company was maintained on Wednesday, August 2 by BMO Capital Markets. Roth Capital maintained Callon Petroleum Company (NYSE:CPE) rating on Thursday, May 25. Roth Capital has “Buy” rating and $2300 target. Imperial Capital maintained the stock with “Outperform” rating in Tuesday, February 9 report. FBR Capital maintained Callon Petroleum Company (NYSE:CPE) rating on Thursday, November 5. FBR Capital has “Outperform” rating and $12 target. JP Morgan maintained the stock with “Overweight” rating in Thursday, August 11 report.
Investors sentiment decreased to 1.63 in 2017 Q3. Its down 0.10, from 1.73 in 2017Q2. It worsened, as 32 investors sold CPE shares while 62 reduced holdings. 50 funds opened positions while 103 raised stakes. 250.94 million shares or 9.25% more from 229.70 million shares in 2017Q2 were reported. Profund Advsr Ltd Company holds 25,733 shares or 0.01% of its portfolio. Dana Invest Incorporated reported 160,686 shares. Ngam Advsrs Limited Partnership holds 0.05% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 418,183 shares. 70,000 were accumulated by Selz Capital Ltd Liability Corporation. Moreover, Stifel Fincl Corp has 0.03% invested in Callon Petroleum Company (NYSE:CPE). Federated Investors Pa reported 767,039 shares. Utd Advisers reported 0.01% stake. Cardinal Cap Mgmt Ltd Limited Liability Company Ct, Connecticut-based fund reported 3.84M shares. Ameriprise has 0.02% invested in Callon Petroleum Company (NYSE:CPE) for 3.60 million shares. The Delaware-based Riverhead Cap Mgmt Llc has invested 0.01% in Callon Petroleum Company (NYSE:CPE). Penn Capital Inc invested in 253,626 shares or 0.22% of the stock. 155,020 are held by Eagle Asset Incorporated. Cipher Capital Limited Partnership holds 0.25% or 301,285 shares in its portfolio. California State Teachers Retirement stated it has 0.01% in Callon Petroleum Company (NYSE:CPE). Oppenheimer Asset Management Incorporated reported 75,323 shares stake.
Bridgeway Capital Management Inc, which manages about $3.34B and $8.76B US Long portfolio, upped its stake in Federal Agric Mtg Corp (NYSE:AGM) by 5,000 shares to 42,200 shares, valued at $3.07 million in 2017Q3, according to the filing. It also increased its holding in Lam Research Corp (NASDAQ:LRCX) by 17,400 shares in the quarter, for a total of 485,906 shares, and has risen its stake in Digi Intl Inc (NASDAQ:DGII).
Analysts await Callon Petroleum Company (NYSE:CPE) to report earnings on May, 1. They expect $0.18 EPS, up 80.00% or $0.08 from last year’s $0.1 per share. CPE’s profit will be $36.34M for 15.99 P/E if the $0.18 EPS becomes a reality. After $0.15 actual EPS reported by Callon Petroleum Company for the previous quarter, Wall Street now forecasts 20.00% EPS growth.