Dimensional Fund Advisors LP increased its stake in shares of Bill Barrett Corporation (NYSE:BBG) by 149.6% during the first quarter, Holdings Channel reports. The firm owned 4,437,462 shares of the energy company’s stock after buying an additional 2,659,443 shares during the period. Dimensional Fund Advisors LP owned approximately 0.06% of Bill Barrett Corporation worth $20,190,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BBG. Caymus Capital Partners L.P. boosted its stake in shares of Bill Barrett Corporation by 50.8% in the first quarter. Caymus Capital Partners L.P. now owns 4,988,800 shares of the energy company’s stock valued at $22,699,000 after buying an additional 1,679,900 shares during the period. Schroder Investment Management Group bought a new stake in shares of Bill Barrett Corporation during the first quarter valued at about $3,201,000. TIAA CREF Investment Management LLC boosted its stake in shares of Bill Barrett Corporation by 128.3% in the first quarter. TIAA CREF Investment Management LLC now owns 1,064,618 shares of the energy company’s stock valued at $4,844,000 after buying an additional 598,376 shares during the period. Vanguard Group Inc. boosted its stake 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. Finally, Oxford Asset Management boosted its stake in shares of Bill Barrett Corporation by 1,116.2% in the first quarter. Oxford Asset Management now owns 395,476 shares of the energy company’s stock valued at $1,799,000 after buying an additional 362,959 shares during the period.

Shares of Bill Barrett Corporation (BBG) traded down 1.398% on Friday, hitting $3.175. 188,785 shares of the stock traded hands. Bill Barrett Corporation has a 52 week low of $2.75 and a 52 week high of $8.24. The stock has a 50-day moving average price of $3.19 and a 200 day moving average price of $4.23. The firm’s market cap is $237.75 million.

Bill Barrett Corporation (NYSE:BBG) last posted its quarterly earnings data on Tuesday, August 1st. The energy company reported ($0.17) 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 business had revenue of $51.07 million for the quarter, compared to analyst estimates of $53.57 million. During the same quarter in the previous year, the firm posted ($0.13) earnings per share. Bill Barrett Corporation’s quarterly revenue was up 8.0% on a year-over-year basis. Equities research analysts predict that Bill Barrett Corporation will post ($0.77) EPS for the current fiscal year.

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BBG has been the subject of several recent research reports. Stifel Nicolaus reiterated a “buy” rating and issued a $8.00 price target on shares of Bill Barrett Corporation in a research note on Friday, May 26th. BMO Capital Markets set a $2.00 price target on Bill Barrett Corporation and gave the company a “hold” rating in a research note on Monday, June 26th. Seaport Global Securities cut Bill Barrett Corporation from a “neutral” rating to a “sell” rating and cut their price target for the company from $6.00 to $1.50 in a research note on Wednesday, June 21st. Barclays PLC reiterated an “equal weight” rating and issued a $5.00 price target (down from $6.00) on shares of Bill Barrett Corporation in a research note on Saturday, April 22nd. Finally, Zacks Investment Research downgraded shares of Bill Barrett Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. Bill Barrett Corporation has a consensus rating of “Hold” and an average price target of $6.85.

About Bill Barrett Corporation

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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