Green Square Capital LLC increased its stake in shares of Bill Barrett Corporation (NYSE:BBG) by 46.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,000 shares of the energy company’s stock after acquiring an additional 17,500 shares during the quarter. Green Square Capital LLC owned approximately 0.07% of Bill Barrett Corporation worth $169,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BBG. BNP Paribas Arbitrage SA boosted its stake in 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 worth $105,000 after acquiring an additional 19,385 shares in the last quarter. Cutler Group LP boosted its stake in Bill Barrett Corporation by 3,046.7% during the second quarter. Cutler Group LP now owns 37,760 shares of the energy company’s stock worth $115,000 after acquiring an additional 36,560 shares in the last quarter. UBS Group AG boosted its stake in Bill Barrett Corporation by 50.2% during the first quarter. UBS Group AG now owns 26,186 shares of the energy company’s stock worth $119,000 after acquiring an additional 8,750 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in 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 worth $122,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in 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 worth $122,000 after acquiring an additional 300 shares in the last quarter. 90.75% of the stock is currently owned by institutional investors and hedge funds.

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Bill Barrett Corporation (NYSE BBG) traded up 2.88% on Tuesday, hitting $4.28. 99,602 shares of the company were exchanged. The stock’s market capitalization is $320.49 million. The company has a 50 day moving average price of $3.58 and a 200-day moving average price of $3.59. 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 announced its quarterly earnings results on Tuesday, August 1st. The energy company reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.07. The company had revenue of $51.07 million for the quarter, compared to analysts’ expectations of $53.57 million. Bill Barrett Corporation had a negative net margin of 52.54% and a negative return on equity of 7.65%. Bill Barrett Corporation’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.13) EPS. On average, equities analysts expect that Bill Barrett Corporation will post ($0.78) earnings per share for the current fiscal year.

Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Bill Barrett Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. KeyCorp reissued a “hold” rating on shares of Bill Barrett Corporation in a research note on Tuesday, September 12th. Imperial Capital started coverage on shares of Bill Barrett Corporation in a research note on Thursday, September 28th. They issued an “in-line” rating and a $5.00 price objective on the stock. BMO Capital Markets set a $3.00 price objective on shares of Bill Barrett Corporation and gave the company a “hold” rating in a research note on Saturday, August 12th. Finally, BidaskClub lowered shares of Bill Barrett Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, August 11th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.82.

In related news, CEO R Scot Woodall sold 10,000 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $3.04, for a total value of $30,400.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 2.70% of the company’s stock.

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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