Deprince Race & Zollo Inc. lessened its holdings in shares of Bill Barrett Corporation (NYSE:BBG) by 31.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 195,000 shares of the energy company’s stock after selling 89,500 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 0.26% of Bill Barrett Corporation worth $837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in BBG. BNP Paribas Arbitrage SA raised its holdings in shares of Bill Barrett Corporation by 129.5% during the second quarter. BNP Paribas Arbitrage SA now owns 34,359 shares of the energy company’s stock valued at $105,000 after acquiring an additional 19,385 shares in the last quarter. UBS Group AG raised its holdings in shares of Bill Barrett Corporation by 50.2% during the first quarter. UBS Group AG now owns 26,186 shares of the energy company’s stock valued at $119,000 after acquiring an additional 8,750 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in shares of Bill Barrett Corporation by 79.9% during the first quarter. UBS Asset Management Americas Inc. now owns 26,800 shares of the energy company’s stock valued at $122,000 after acquiring an additional 11,900 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Bill Barrett Corporation by 0.8% during the second quarter. Arizona State Retirement System now owns 39,760 shares of the energy company’s stock valued at $122,000 after acquiring an additional 300 shares in the last quarter. Finally, OppenheimerFunds Inc. raised its holdings in Bill Barrett Corporation by 99.0% in the first quarter. OppenheimerFunds Inc. now owns 30,842 shares of the energy company’s stock worth $140,000 after purchasing an additional 15,344 shares in the last quarter. Institutional investors own 86.90% of the company’s stock.

In related news, CEO R Scot Woodall sold 10,000 shares of the stock in a transaction on Friday, October 6th. The stock was sold at an average price of $4.19, for a total transaction of $41,900.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold 30,000 shares of company stock worth $136,500 over the last ninety days. 2.70% of the stock is currently owned by insiders.

A number of equities analysts have issued reports on BBG shares. Zacks Investment Research upgraded Bill Barrett Corporation from a “sell” rating to a “hold” rating in a report 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 report on Saturday, August 12th. Scotiabank reiterated a “buy” rating and issued a $10.00 price objective on shares of Bill Barrett Corporation in a report on Wednesday, November 1st. Imperial Capital started coverage on Bill Barrett Corporation in a report on Thursday, September 28th. They issued an “in-line” rating and a $5.00 price objective for the company. Finally, KeyCorp reiterated a “hold” rating on shares of Bill Barrett Corporation in a report on Tuesday, September 12th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. Bill Barrett Corporation presently has an average rating of “Hold” and a consensus price target of $6.42.

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Bill Barrett Corporation (BBG) opened at $6.16 on Friday. Bill Barrett Corporation has a twelve month low of $2.66 and a twelve month high of $8.24. The company has a debt-to-equity ratio of 1.30, a quick ratio of 2.78 and a current ratio of 2.78.

Bill Barrett Corporation (NYSE:BBG) last released its quarterly earnings data on Tuesday, October 31st. The energy company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.12. Bill Barrett Corporation had a negative return on equity of 7.59% and a negative net margin of 49.61%. The company had revenue of $67.87 million for the quarter, compared to analysts’ expectations of $61.23 million. During the same period last year, the firm posted ($0.10) earnings per share. Bill Barrett Corporation’s revenue was up 34.4% compared to the same quarter last year. research analysts anticipate that Bill Barrett Corporation will post -0.52 earnings per share for the current fiscal year.

Bill Barrett Corporation 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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