Victory Capital Management Inc. raised its holdings in Callon Petroleum (NYSE:CPE) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,158,692 shares of the oil and natural gas company’s stock after acquiring an additional 46,033 shares during the quarter. Victory Capital Management Inc.’s holdings in Callon Petroleum were worth $38,378,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CPE. Wedge Capital Management L L P NC raised its holdings in Callon Petroleum by 4.6% in the fourth quarter. Wedge Capital Management L L P NC now owns 2,150,097 shares of the oil and natural gas company’s stock worth $26,124,000 after purchasing an additional 95,240 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in Callon Petroleum in the fourth quarter worth $389,000. Vaughan Nelson Investment Management L.P. raised its holdings in Callon Petroleum by 13.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 5,242,800 shares of the oil and natural gas company’s stock worth $63,699,000 after purchasing an additional 611,375 shares during the period. SG Americas Securities LLC raised its holdings in Callon Petroleum by 19.8% in the fourth quarter. SG Americas Securities LLC now owns 91,588 shares of the oil and natural gas company’s stock worth $1,113,000 after purchasing an additional 15,165 shares during the period. Finally, MHI Funds LLC acquired a new stake in Callon Petroleum in the fourth quarter worth $161,000.

Shares of Callon Petroleum (NYSE CPE) opened at $10.22 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.84 and a quick ratio of 0.84. Callon Petroleum has a 52 week low of $9.34 and a 52 week high of $15.02. The stock has a market cap of $2,177.81, a price-to-earnings ratio of 29.97 and a beta of 1.16.

CPE has been the topic of several analyst reports. Citigroup lowered shares of Callon Petroleum from a “buy” rating to a “neutral” rating and set a $13.00 target price on the stock. in a report on Wednesday, January 3rd. Scotiabank set a $16.00 target price on shares of Callon Petroleum and gave the stock a “buy” rating in a report on Saturday, November 25th. B. Riley initiated coverage on shares of Callon Petroleum in a report on Monday. They issued a “neutral” rating and a $11.75 target price on the stock. Mizuho upgraded shares of Callon Petroleum from a “neutral” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Tuesday, November 21st. Finally, Bank of America initiated coverage on shares of Callon Petroleum in a report on Monday, October 16th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and twenty-one have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $16.39.

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Callon Petroleum Company Profile

Callon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.

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Institutional Ownership by Quarter for Callon Petroleum (NYSE:CPE)

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