Thrivent Financial For Lutherans lifted its position in shares of Bill Barrett Corporation (NYSE:BBG) by 808.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 396,096 shares of the energy company’s stock after purchasing an additional 352,516 shares during the period. Thrivent Financial For Lutherans owned 0.53% of Bill Barrett Corporation worth $1,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stevens Capital Management LP increased its stake in shares of Bill Barrett Corporation by 1.3% during the second quarter. Stevens Capital Management LP now owns 107,077 shares of the energy company’s stock worth $329,000 after purchasing an additional 1,411 shares during the period. GRT Capital Partners L.L.C. increased its stake in shares of Bill Barrett Corporation by 17.2% during the second quarter. GRT Capital Partners L.L.C. now owns 625,093 shares of the energy company’s stock worth $1,919,000 after purchasing an additional 91,859 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Bill Barrett Corporation by 4.1% during the second quarter. TIAA CREF Investment Management LLC now owns 1,108,336 shares of the energy company’s stock worth $3,403,000 after purchasing an additional 43,718 shares during the period. Teachers Advisors LLC increased its stake in shares of Bill Barrett Corporation by 20.5% during the second quarter. Teachers Advisors LLC now owns 146,775 shares of the energy company’s stock worth $451,000 after purchasing an additional 24,927 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of Bill Barrett Corporation by 71.1% during the second quarter. Alliancebernstein L.P. now owns 120,822 shares of the energy company’s stock worth $371,000 after purchasing an additional 50,200 shares during the period. Institutional investors own 90.75% of the company’s stock.

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A number of equities analysts have commented on the company. Zacks Investment Research upgraded Bill Barrett Corporation from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. BMO Capital Markets set a $3.00 price objective on Bill Barrett Corporation and gave the stock a “hold” rating in a research note on Saturday, August 12th. Imperial Capital assumed coverage on Bill Barrett Corporation in a research note on Thursday, September 28th. They set an “in-line” rating and a $5.00 price objective on the stock. KeyCorp restated a “hold” rating on shares of Bill Barrett Corporation in a research note on Tuesday, September 12th. Finally, KLR Group restated a “buy” rating and set a $8.00 price objective (up previously from $7.00) on shares of Bill Barrett Corporation in a research note on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $6.89.

Bill Barrett Corporation (NYSE:BBG) opened at 4.09 on Thursday. The company’s market cap is $306.26 million. The stock has a 50 day moving average price of $3.47 and a 200 day moving average price of $3.59. Bill Barrett Corporation has a 52 week low of $2.66 and a 52 week high of $8.24.

Bill Barrett Corporation (NYSE:BBG) last released its quarterly earnings results on Tuesday, August 1st. The energy company reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.07. The firm had revenue of $51.07 million for the quarter, compared to analysts’ expectations 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 business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. On average, equities analysts forecast that Bill Barrett Corporation will post ($0.78) earnings per share for the current year.

In other news, CEO R Scot Woodall sold 10,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $3.04, for a total value of $30,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.70% of the company’s stock.

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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