Texas Permanent School Fund grew its holdings in Callon Petroleum (NYSE:CPE) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,434 shares of the oil and natural gas company’s stock after buying an additional 4,465 shares during the period. Texas Permanent School Fund owned 0.07% of Callon Petroleum worth $1,658,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CPE. Dimensional Fund Advisors LP raised its position in shares of Callon Petroleum by 47.9% in the third quarter. Dimensional Fund Advisors LP now owns 10,625,848 shares of the oil and natural gas company’s stock valued at $119,434,000 after buying an additional 3,440,342 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Callon Petroleum by 372.6% in the third quarter. Ameriprise Financial Inc. now owns 3,604,306 shares of the oil and natural gas company’s stock valued at $40,514,000 after buying an additional 2,841,680 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Callon Petroleum by 56.6% in the third quarter. Bank of New York Mellon Corp now owns 4,878,010 shares of the oil and natural gas company’s stock valued at $54,829,000 after buying an additional 1,762,472 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Callon Petroleum by 61.0% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 4,631,425 shares of the oil and natural gas company’s stock valued at $52,057,000 after buying an additional 1,755,125 shares during the last quarter. Finally, Syntal Capital Partners LLC acquired a new stake in shares of Callon Petroleum in the fourth quarter valued at about $16,433,000.

A number of equities research analysts have recently commented on the stock. Northland Securities set a $16.00 target price on shares of Callon Petroleum and gave the company a “buy” rating in a research report on Monday, December 11th. SunTrust Banks reiterated a “buy” rating and issued a $16.00 target price on shares of Callon Petroleum in a research report on Tuesday. Zacks Investment Research cut shares of Callon Petroleum from a “hold” rating to a “sell” rating in a research report on Monday, February 5th. Jefferies Group reiterated a “buy” rating and issued a $17.00 target price on shares of Callon Petroleum in a research report on Tuesday, January 30th. Finally, Credit Suisse Group assumed coverage on shares of Callon Petroleum in a research report on Monday, December 11th. They issued a “neutral” rating and a $12.00 target price for the company. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $16.39.

Shares of Callon Petroleum (NYSE:CPE) opened at $10.26 on Friday. Callon Petroleum has a 12-month low of $9.34 and a 12-month high of $15.02. The stock has a market cap of $2,062.77, a PE ratio of 28.39 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.84.

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About Callon Petroleum

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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