Advantus Capital Management Inc raised its stake in Chesapeake Energy Corporation (NYSE:CHK) by 19.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 91,877 shares of the oil and gas exploration company’s stock after buying an additional 14,994 shares during the period. Advantus Capital Management Inc owned about 10,114.82% of Chesapeake Energy Corporation worth $395,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chicago Equity Partners LLC bought a new stake in shares of Chesapeake Energy Corporation in the 2nd quarter valued at about $1,524,000. HighTower Advisors LLC grew its position in shares of Chesapeake Energy Corporation by 11.9% in the 1st quarter. HighTower Advisors LLC now owns 59,667 shares of the oil and gas exploration company’s stock valued at $355,000 after buying an additional 6,367 shares during the last quarter. BlueCrest Capital Management Ltd grew its position in shares of Chesapeake Energy Corporation by 341.2% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 582,336 shares of the oil and gas exploration company’s stock valued at $2,894,000 after buying an additional 450,336 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Chesapeake Energy Corporation by 254.5% in the 1st quarter. AQR Capital Management LLC now owns 414,592 shares of the oil and gas exploration company’s stock valued at $2,463,000 after buying an additional 297,648 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Chesapeake Energy Corporation by 20.5% during the 2nd quarter. Rhumbline Advisers now owns 1,472,577 shares of the oil and gas exploration company’s stock valued at $7,319,000 after purchasing an additional 250,972 shares in the last quarter. Hedge funds and other institutional investors own 64.71% of the company’s stock.

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Shares of Chesapeake Energy Corporation (NYSE CHK) opened at $4.18 on Monday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of -4.17. The company has a market capitalization of $3,760.00, a P/E ratio of 6.90 and a beta of 2.18. Chesapeake Energy Corporation has a 52-week low of $3.41 and a 52-week high of $8.20.

Chesapeake Energy Corporation (NYSE:CHK) last issued its quarterly earnings results on Thursday, November 2nd. The oil and gas exploration company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.02. The company had revenue of $979.00 million during the quarter, compared to the consensus estimate of $1.05 billion. Chesapeake Energy Corporation had a negative return on equity of 19.93% and a net margin of 2.77%. Chesapeake Energy Corporation’s revenue was down 16.8% on a year-over-year basis. During the same period last year, the business posted $0.09 earnings per share. research analysts anticipate that Chesapeake Energy Corporation will post 0.74 EPS for the current fiscal year.

CHK has been the topic of several research analyst reports. Vetr lowered Chesapeake Energy Corporation from a “strong-buy” rating to a “buy” rating and set a $5.23 target price on the stock. in a research report on Monday, July 17th. Stifel Nicolaus restated a “buy” rating on shares of Chesapeake Energy Corporation in a research report on Friday, July 21st. ValuEngine upgraded Chesapeake Energy Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BMO Capital Markets set a $3.00 target price on Chesapeake Energy Corporation and gave the company a “hold” rating in a research report on Saturday, August 12th. Finally, Piper Jaffray Companies set a $6.00 target price on Chesapeake Energy Corporation and gave the company a “hold” rating in a research report on Thursday, August 24th. Five analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.77.

Chesapeake Energy Corporation Company Profile

Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

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Institutional Ownership by Quarter for Chesapeake Energy Corporation (NYSE:CHK)

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