Prudential Financial Inc. boosted its position in shares of Bill Barrett Corporation (NYSE:BBG) by 3.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 126,531 shares of the energy company’s stock after buying an additional 4,170 shares during the period. Prudential Financial Inc. owned approximately 0.17% of Bill Barrett Corporation worth $576,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in Bill Barrett Corporation by 8.9% in the first quarter. Russell Investments Group Ltd. now owns 735,976 shares of the energy company’s stock worth $3,348,000 after buying an additional 60,079 shares during the period. Wells Fargo & Company MN boosted its position in Bill Barrett Corporation by 260.4% in the first quarter. Wells Fargo & Company MN now owns 127,743 shares of the energy company’s stock worth $581,000 after buying an additional 92,296 shares during the period. Dimensional Fund Advisors LP boosted its position in Bill Barrett Corporation by 28.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,778,019 shares of the energy company’s stock worth $12,429,000 after buying an additional 392,211 shares during the period. Ameriprise Financial Inc. boosted its position in Bill Barrett Corporation by 1.4% in the first quarter. Ameriprise Financial Inc. now owns 551,082 shares of the energy company’s stock worth $2,507,000 after buying an additional 7,822 shares during the period. Finally, Comerica Bank increased its position in Bill Barrett Corporation by 4.7% in the first quarter. Comerica Bank now owns 83,117 shares of the energy company’s stock worth $327,000 after buying an additional 3,741 shares in the last quarter.

Shares of Bill Barrett Corporation (NYSE:BBG) traded down 1.22% on Tuesday, hitting $3.25. 915,059 shares of the stock traded hands. Bill Barrett Corporation has a 52 week low of $2.75 and a 52 week high of $8.24. The stock’s market cap is $243.36 million. The stock has a 50 day moving average price of $3.19 and a 200-day moving average price of $4.35.

Bill Barrett Corporation (NYSE:BBG) last posted its quarterly earnings data on Tuesday, August 1st. The energy company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.07. The company had revenue of $51.07 million for the quarter, compared to the consensus estimate of $53.57 million. Bill Barrett Corporation had a negative net margin of 52.54% and a negative return on equity of 7.65%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.13) earnings per share. On average, equities research analysts forecast that Bill Barrett Corporation will post ($0.81) EPS for the current year.

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A number of equities analysts have recently commented on the stock. Stifel Nicolaus restated a “buy” rating and set a $8.00 price objective on shares of Bill Barrett Corporation in a research note on Wednesday, April 12th. Barclays PLC restated an “equal weight” rating and set a $5.00 price objective (down from $6.00) on shares of Bill Barrett Corporation in a research note on Saturday, April 22nd. FBR & Co reduced their price objective on shares of Bill Barrett Corporation from $6.00 to $5.00 and set a “market perform” rating for the company in a research note on Thursday, May 4th. BMO Capital Markets restated a “hold” rating and set a $5.00 price objective on shares of Bill Barrett Corporation in a research note on Wednesday, May 3rd. Finally, Seaport Global Securities downgraded shares of Bill Barrett Corporation from a “neutral” rating to a “sell” rating and cut their target price for the company from $6.00 to $1.50 in a research note on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.85.

Bill Barrett Corporation Company Profile

Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.

Institutional Ownership by Quarter for Bill Barrett Corporation (NYSE:BBG)

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