GRT Capital Partners L.L.C. increased its stake in shares of Bill Barrett Corporation (NYSE:BBG) by 17.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 625,093 shares of the energy company’s stock after purchasing an additional 91,859 shares during the period. Bill Barrett Corporation makes up approximately 1.1% of GRT Capital Partners L.L.C.’s investment portfolio, making the stock its 20th largest position. GRT Capital Partners L.L.C. owned 0.83% of Bill Barrett Corporation worth $1,919,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Bill Barrett Corporation by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 5,483,818 shares of the energy company’s stock worth $24,951,000 after purchasing an additional 397,849 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Bill Barrett Corporation by 12.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,312,279 shares of the energy company’s stock worth $16,309,000 after purchasing an additional 579,442 shares during the period. State Street Corp boosted its position in shares of Bill Barrett Corporation by 62.2% during the 1st quarter. State Street Corp now owns 4,865,033 shares of the energy company’s stock worth $22,136,000 after purchasing an additional 1,865,747 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Bill Barrett Corporation by 149.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,437,462 shares of the energy company’s stock worth $20,190,000 after purchasing an additional 2,659,443 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Bill Barrett Corporation by 8.1% during the 1st quarter. Renaissance Technologies LLC now owns 3,183,500 shares of the energy company’s stock worth $14,485,000 after purchasing an additional 239,424 shares during the period. 91.60% of the stock is owned by hedge funds and other institutional investors.

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Bill Barrett Corporation (NYSE:BBG) traded up 7.8917% during midday trading on Wednesday, reaching $3.3878. 686,139 shares of the company’s stock were exchanged. The firm’s market capitalization is $253.68 million. The stock’s 50 day moving average is $3.12 and its 200 day moving average is $3.70. 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 data on Tuesday, August 1st. The energy company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.07. Bill Barrett Corporation had a negative net margin of 52.54% and a negative return on equity of 7.65%. The company had revenue of $51.07 million during the quarter, compared to the consensus estimate of $53.57 million. During the same period in the previous year, the firm earned ($0.13) earnings per share. Bill Barrett Corporation’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts expect that Bill Barrett Corporation will post ($0.79) EPS for the current fiscal year.

In other Bill Barrett Corporation news, CEO R Scot Woodall sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $3.04, for a total transaction of $30,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.70% of the stock is owned by insiders.

BBG has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Bill Barrett Corporation from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Stifel Nicolaus reaffirmed a “buy” rating and set a $8.00 price objective on shares of Bill Barrett Corporation in a research report on Friday, May 26th. BMO Capital Markets set a $3.00 price objective on shares of Bill Barrett Corporation and gave the stock a “hold” rating in a research report on Saturday, August 12th. KeyCorp reaffirmed a “hold” rating on shares of Bill Barrett Corporation in a research report on Tuesday. Finally, ValuEngine cut shares of Bill Barrett Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $6.92.

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.

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

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