Caymus Capital Partners Lp Decreased Callon Pete Co Del (NYSE:CPE) Stake By $19.39 Million

August 12, 2018 - By Mark Mitchell

Investors sentiment decreased to 1.16 in 2018 Q1. Its down 0.25, from 1.41 in 2017Q4. It dived, as 19 investors sold CPE shares while 93 reduced holdings. 38 funds opened positions while 92 raised stakes. 259.41 million shares or 0.39% more from 258.40 million shares in 2017Q4 were reported. Westwood Holding Gru, a Texas-based fund reported 2.23 million shares. Wells Fargo And Mn, a California-based fund reported 662,615 shares. Amalgamated Fincl Bank stated it has 28,602 shares or 0.01% of all its holdings. Dana Inv owns 0.09% invested in Callon Petroleum Company (NYSE:CPE) for 153,731 shares. Chesley Taft Assoc Limited Com invested in 26,775 shares. Ing Groep Nv has invested 0.01% of its portfolio in Callon Petroleum Company (NYSE:CPE). Syntal Prtnrs Ltd Liability Company invested in 1.35 million shares. Fincl Bank Of Ny Mellon Corporation has 0.02% invested in Callon Petroleum Company (NYSE:CPE). Employees Retirement Association Of Colorado, Colorado-based fund reported 33,541 shares. Barrow Hanley Mewhinney Strauss Limited Liability accumulated 5.39 million shares. Parametric Port Lc invested 0.01% of its portfolio in Callon Petroleum Company (NYSE:CPE). Manufacturers Life Ins Co The holds 466,172 shares. Miller Howard Invs Ny owns 0.09% invested in Callon Petroleum Company (NYSE:CPE) for 281,118 shares. 661 were reported by Assetmark Inc. Miller Inv Mgmt Ltd Partnership accumulated 10,000 shares.

Caymus Capital Partners Lp decreased its stake in Callon Pete Co Del (NYSE:CPE) by 42.17% based on its latest 2018Q2 regulatory filing with the SEC. Caymus Capital Partners Lp sold 1.94 million shares as the company’s stock rose 7.55% while stock markets declined. The hedge fund held 2.66 million shares of the oil & gas production company at the end of 2018Q2, valued at $28.55M, down from 4.60 million at the end of the previous reported quarter. Caymus Capital Partners Lp who had been investing in Callon Pete Co Del for a number of months, seems to be less bullish one the $2.59B market cap company. The stock increased 1.24% or $0.14 during the last trading session, reaching $11.39. About 3.41 million shares traded. Callon Petroleum Company (NYSE:CPE) has declined 0.42% since August 13, 2017 and is downtrending. It has underperformed by 12.99% the S&P500.

Caymus Capital Partners Lp is a Texas-based hedge fund with more than $377.99 million AUM in March, 2014. Taken from Caymus Capital Partners latest Adv, the fund reported to have 3 full and part-time employees. Among which 2 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Callon Petroleum Company (NYSE:CPE) Ratings Coverage

Among 8 analysts covering Callon (NYSE:CPE), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Callon had 10 analyst reports since March 9, 2018 according to SRatingsIntel. The firm has “Buy” rating by BMO Capital Markets given on Monday, March 12. The stock has “Hold” rating by FBR Capital on Friday, March 9. RBC Capital Markets maintained the shares of CPE in report on Monday, June 4 with “Buy” rating. The stock has “Buy” rating by Piper Jaffray on Wednesday, April 18. Stifel Nicolaus maintained the shares of CPE in report on Tuesday, June 12 with “Buy” rating. The rating was maintained by Piper Jaffray on Wednesday, March 14 with “Buy”. The firm has “Buy” rating by Jefferies given on Wednesday, March 14. Stifel Nicolaus maintained the shares of CPE in report on Wednesday, March 28 with “Buy” rating. The company was maintained on Monday, April 23 by KeyBanc Capital Markets. SunTrust maintained Callon Petroleum Company (NYSE:CPE) rating on Monday, April 16. SunTrust has “Buy” rating and $1800 target.

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves in the Permian Basin in West Texas. The company has market cap of $2.59 billion. As of December 31, 2017, its estimated net proved reserves totaled 137.0 million barrel of oil equivalent. It has a 16.75 P/E ratio.

Another recent and important Callon Petroleum Company (NYSE:CPE) news was published by Seekingalpha.com which published an article titled: “Callon Petroleum (CPE) Q2 2018 Results – Earnings Call Transcript” on August 07, 2018.

Callon Petroleum Company (NYSE:CPE) Institutional Positions Chart

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