The stock of Bill Barrett Corporation (NYSE:BBG) is a huge mover today! About 5.14 million shares traded hands or 149.51% up from the average. Bill Barrett Corporation (NYSE:BBG) has declined 16.55% since April 4, 2016 and is downtrending. It has underperformed by 17.64% the S&P500.
The move comes after 7 months positive chart setup for the $325.13 million company. It was reported on Nov, 4 by Barchart.com. We have $7.72 PT which if reached, will make NYSE:BBG worth $139.81 million more.
Bill Barrett Corporation (NYSE:BBG) Ratings Coverage
Out of 14 analysts covering Bill Barrett Corporation (NYSE:BBG), 3 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 21% are positive. Bill Barrett Corporation has been the topic of 40 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Howard Weil maintained the stock with “Sector Outperform” rating in Friday, October 14 report. The firm earned “Hold” rating on Tuesday, May 3 by Deutsche Bank. The firm earned “Accumulate” rating on Tuesday, September 29 by Global Hunter Securities. The firm has “Sector Outperform” rating given on Friday, November 13 by Howard Weil. The stock of Bill Barrett Corporation (NYSE:BBG) has “Hold” rating given on Tuesday, June 14 by Deutsche Bank. The rating was downgraded by Canaccord Genuity to “Hold” on Wednesday, March 30. The company was maintained on Friday, September 4 by BMO Capital Markets. Deutsche Bank maintained the stock with “Buy” rating in Friday, August 7 report. The stock has “Neutral” rating given by JP Morgan on Tuesday, October 13. The company was downgraded on Thursday, April 28 by KeyBanc Capital Markets.
According to Zacks Investment Research, “Bill Barrett Corporation, headquartered in Denver, explores for and develops oil and natural gas in the Rocky Mountain region of the United States. The Company has projects in nine basins in the Rocky Mountains.”
Insitutional Activity: The institutional sentiment is 1.15 in Q2 2016. Its the same as in 2016Q1. The ratio is the same, as 15 funds sold all Bill Barrett Corporation shares owned while 45 reduced positions. only 32 funds bought stakes while 37 increased positions. They now own 59.89 million shares or 9.59% more from 54.65 million shares in 2016Q1.
Pdts Partners Ltd Llc has 0.11% invested in the company for 221,500 shares. Oxford Asset Mngmt holds 0.04% or 161,741 shares in its portfolio. Jpmorgan Chase & Comm holds 0.01% of its portfolio in Bill Barrett Corporation (NYSE:BBG) for 4.76M shares. Bridgeway Capital Management Inc holds 53,600 shares or 0.01% of its portfolio. Royal Commercial Bank Of Canada has invested 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG). Franklin Res holds 0.03% of its portfolio in Bill Barrett Corporation (NYSE:BBG) for 8.60M shares. Huntington Commercial Bank last reported 89 shares in the company. Goldman Sachs Grp owns 286,413 shares or 0% of their US portfolio. Morgan Stanley last reported 109,493 shares in the company. Jefferies Grp Inc reported 15,987 shares or 0% of all its holdings. Moreover, Canada Pension Plan Invest Board has 0% invested in Bill Barrett Corporation (NYSE:BBG) for 163,400 shares. Alliancebernstein L P has 0% invested in the company for 70,622 shares. Ameriprise owns 922,301 shares or 0% of their US portfolio. Ubs Asset Management Americas Inc accumulated 0% or 29,000 shares. Tower Research Ltd (Trc) has 0.01% invested in the company for 17,992 shares.
More notable recent Bill Barrett Corporation (NYSE:BBG) news were published by: Fool.com which released: “Here’s Why Bill Barrett Corporation’s Stock Is Popping Today” on November 04, 2016, also Prnewswire.com with their article: “Bill Barrett Corporation Provides Third Quarter 2016 Commodity Price and …” published on October 18, 2016, Prnewswire.com published: “Bill Barrett Corporation Schedules Third Quarter 2016 Financial Results …” on October 14, 2016. More interesting news about Bill Barrett Corporation (NYSE:BBG) were released by: Prnewswire.com and their article: “Bill Barrett Corporation Resumes DJ Basin Development Program” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “Bill Barrett Corporation Announces Debt Exchange” with publication date: June 02, 2016.
BBG Company Profile
Bill Barrett Corporation, incorporated on April 29, 2002, is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The Company’s assets and activities are located in the Rocky Mountain region of the United States. The Firm develops oil and natural gas in the Rocky Mountain region of the United States. The Firm has over two areas of production, including The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.
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