Bill Barrett Corp. (NYSE:BBG)’s share price traded up 3.9% on Wednesday . The company traded as high as $5.83 and last traded at $5.80, with a volume of 971,090 shares traded. The stock had previously closed at $5.58.

A number of equities analysts have recently weighed in on the company. Canaccord Genuity reaffirmed a “hold” rating on shares of Bill Barrett Corp. in a research report on Saturday, June 4th. Deutsche Bank AG lowered Bill Barrett Corp. from a “buy” rating to a “hold” rating and set a $8.00 target price on the stock. in a research report on Tuesday, May 3rd. Cantor Fitzgerald lowered Bill Barrett Corp. from a “buy” rating to a “hold” rating and upped their target price for the stock from $6.00 to $7.50 in a research report on Tuesday, April 26th. Zacks Investment Research lowered Bill Barrett Corp. from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. Finally, Johnson Rice assumed coverage on Bill Barrett Corp. in a research report on Thursday, June 30th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company’s stock. Bill Barrett Corp. has a consensus rating of “Hold” and an average target price of $6.91.

The firm’s market capitalization is $291.22 million. The stock’s 50-day moving average price is $6.92 and its 200 day moving average price is $5.73.

Bill Barrett Corp. (NYSE:BBG) last released its quarterly earnings results on Thursday, May 5th. The energy company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by $0.06. The business earned $29.43 million during the quarter, compared to analyst estimates of $56.19 million. During the same period in the previous year, the company earned ($0.12) earnings per share. The business’s revenue for the quarter was down 40.0% compared to the same quarter last year. Analysts expect that Bill Barrett Corp. will post ($1.01) earnings per share for the current fiscal year.

A number of hedge funds recently added to or reduced their stakes in the stock. California Public Employees Retirement System raised its stake in Bill Barrett Corp. by 11.5% in the fourth quarter. California Public Employees Retirement System now owns 1,513,300 shares of the energy company’s stock valued at $5,947,000 after buying an additional 155,500 shares in the last quarter. First Trust Advisors LP raised its stake in Bill Barrett Corp. by 64.3% in the fourth quarter. First Trust Advisors LP now owns 606,935 shares of the energy company’s stock valued at $2,385,000 after buying an additional 237,593 shares in the last quarter. Finally, Russell Frank Co raised its stake in Bill Barrett Corp. by 24.8% in the fourth quarter. Russell Frank Co now owns 1,725,681 shares of the energy company’s stock valued at $6,574,000 after buying an additional 342,906 shares in the last quarter.

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. The Company develops oil and natural gas in the Rocky Mountain region of the United States.

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