Boston Private Wealth LLC boosted its holdings in shares of Chesapeake Energy Corporation (NYSE:CHK) by 7.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 418,156 shares of the oil and gas exploration company’s stock after acquiring an additional 29,790 shares during the period. Boston Private Wealth LLC’s holdings in Chesapeake Energy were worth $1,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of CHK. Vanguard Group Inc. lifted its position in shares of Chesapeake Energy by 19.3% during the second quarter. Vanguard Group Inc. now owns 108,761,169 shares of the oil and gas exploration company’s stock valued at $540,542,000 after buying an additional 17,615,861 shares during the last quarter. Bridgewater Associates LP purchased a new stake in shares of Chesapeake Energy during the second quarter valued at about $26,111,000. State Street Corp lifted its position in shares of Chesapeake Energy by 9.1% during the second quarter. State Street Corp now owns 47,768,507 shares of the oil and gas exploration company’s stock valued at $237,402,000 after buying an additional 3,982,812 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Chesapeake Energy by 55.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 6,181,585 shares of the oil and gas exploration company’s stock valued at $26,581,000 after buying an additional 2,208,035 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in shares of Chesapeake Energy by 62.3% during the second quarter. Parametric Portfolio Associates LLC now owns 5,118,536 shares of the oil and gas exploration company’s stock valued at $25,439,000 after buying an additional 1,963,927 shares during the last quarter. Institutional investors own 64.03% of the company’s stock.

Chesapeake Energy Corporation (NYSE CHK) traded up $0.02 on Friday, reaching $4.09. 26,790,000 shares of the company’s stock were exchanged, compared to its average volume of 26,070,000. Chesapeake Energy Corporation has a 12 month low of $3.41 and a 12 month high of $8.20. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of -4.17. The stock has a market cap of $3,720.00, a price-to-earnings ratio of 6.45 and a beta of 2.18.

Chesapeake Energy (NYSE:CHK) last posted its quarterly earnings results on Thursday, November 2nd. The oil and gas exploration company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Chesapeake Energy had a net margin of 2.77% and a negative return on equity of 19.93%. The company had revenue of $979.00 million during the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the firm posted $0.09 EPS. Chesapeake Energy’s revenue for the quarter was down 16.8% compared to the same quarter last year. equities research analysts anticipate that Chesapeake Energy Corporation will post 0.75 EPS for the current fiscal year.

CHK has been the subject of several analyst reports. ValuEngine raised shares of Chesapeake Energy from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and set a $6.00 price target (down from $10.00) on shares of Chesapeake Energy in a research report on Friday, August 11th. BMO Capital Markets set a $3.00 price target on shares of Chesapeake Energy and gave the company a “hold” rating in a research report on Saturday, August 12th. Scotiabank set a $5.00 price target on shares of Chesapeake Energy and gave the company a “hold” rating in a research report on Thursday, August 3rd. Finally, Tudor Pickering lowered shares of Chesapeake Energy from a “buy” rating to a “hold” rating and increased their price objective for the company from $3.76 to $4.00 in a research report on Tuesday, September 5th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $5.77.

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Chesapeake Energy Company Profile

Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

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Institutional Ownership by Quarter for Chesapeake Energy (NYSE:CHK)

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