Credit Suisse AG increased its stake in shares of Bill Barrett Corporation (NYSE:BBG) by 32.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 125,073 shares of the energy company’s stock after buying an additional 30,293 shares during the period. Credit Suisse AG owned about 0.17% of Bill Barrett Corporation worth $569,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Bill Barrett Corporation by 7.8% in the first quarter. Vanguard Group Inc. now owns 5,483,818 shares of the energy company’s stock valued at $24,951,000 after buying an additional 397,849 shares during the period. State Street Corp boosted its position in shares of Bill Barrett Corporation by 62.2% in the first quarter. State Street Corp now owns 4,865,033 shares of the energy company’s stock valued at $22,136,000 after buying 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% in the first quarter. Dimensional Fund Advisors LP now owns 4,437,462 shares of the energy company’s stock valued at $20,190,000 after buying an additional 2,659,443 shares during the period. Renaissance Technologies LLC boosted its position in shares of Bill Barrett Corporation by 8.1% in the first quarter. Renaissance Technologies LLC now owns 3,183,500 shares of the energy company’s stock valued at $14,485,000 after buying an additional 239,424 shares during the period. Finally, Divisar Capital Management LLC boosted its position in shares of Bill Barrett Corporation by 136.8% in the first quarter. Divisar Capital Management LLC now owns 1,716,839 shares of the energy company’s stock valued at $7,812,000 after buying an additional 991,935 shares during the period. Institutional investors own 91.60% of the company’s stock.

Bill Barrett Corporation (NYSE:BBG) traded up 0.181% during trading on Wednesday, reaching $2.775. The company had a trading volume of 686,183 shares. The firm’s market capitalization is $207.79 million. Bill Barrett Corporation has a one year low of $2.69 and a one year high of $8.24. The firm’s 50-day moving average price is $3.18 and its 200 day moving average price is $3.94.

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. Bill Barrett Corporation had a negative net margin of 52.54% and a negative return on equity of 7.65%. The firm had revenue of $51.07 million during the quarter, compared to the consensus estimate of $53.57 million. During the same quarter in the prior year, the firm earned ($0.13) EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Equities analysts forecast that Bill Barrett Corporation will post ($0.78) earnings per share for the current fiscal year.

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BBG has been the subject of several recent research reports. Zacks Investment Research upgraded Bill Barrett Corporation from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Stifel Nicolaus reiterated a “buy” rating and issued a $8.00 price target on shares of Bill Barrett Corporation in a research report on Friday, May 26th. BMO Capital Markets set a $3.00 price target on Bill Barrett Corporation and gave the company a “hold” rating in a research report on Saturday, August 12th. KLR Group reiterated a “buy” rating and issued a $8.00 price target (up from $7.00) on shares of Bill Barrett Corporation in a research report on Thursday, August 3rd. Finally, FBR & Co reduced their price target on Bill Barrett Corporation from $6.00 to $5.00 and set a “market perform” rating for the company in a research report on Thursday, May 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $6.92.

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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