Glaxosmithkline Plc (GSK) Shareholder Carnegie Capital Asset Management Lowered Its Stake by $1.95 Million; Grt Capital Partners Has Lowered Its Holding in Callon Pete Co Del (CPE) as Share Value Declined

February 18, 2018 - By Louis Casey

Carnegie Capital Asset Management Llc decreased its stake in Glaxosmithkline Plc (GSK) by 35.33% based on its latest 2017Q3 regulatory filing with the SEC. Carnegie Capital Asset Management Llc sold 48,837 shares as the company’s stock rose 5.47% with the market. The institutional investor held 89,383 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.63M, down from 138,220 at the end of the previous reported quarter. Carnegie Capital Asset Management Llc who had been investing in Glaxosmithkline Plc for a number of months, seems to be less bullish one the $84.25B market cap company. The stock increased 1.05% or $0.39 during the last trading session, reaching $37.7. About 4.69M shares traded. GlaxoSmithKline plc (NYSE:GSK) has risen 4.26% since February 18, 2017 and is uptrending. It has underperformed by 12.44% the S&P500.

Grt Capital Partners Llc decreased its stake in Callon Pete Co Del (CPE) by 61.12% based on its latest 2017Q3 regulatory filing with the SEC. Grt Capital Partners Llc sold 289,649 shares as the company’s stock declined 11.69% while stock markets rallied. The hedge fund held 184,269 shares of the oil & gas production company at the end of 2017Q3, valued at $2.07M, down from 473,918 at the end of the previous reported quarter. Grt Capital Partners Llc who had been investing in Callon Pete Co Del for a number of months, seems to be less bullish one the $2.20 billion market cap company. The stock increased 1.40% or $0.15 during the last trading session, reaching $10.89. About 3.18 million shares traded. Callon Petroleum Company (NYSE:CPE) has risen 12.29% since February 18, 2017 and is uptrending. It has underperformed by 4.41% the S&P500.

Among 32 analysts covering Callon Petroleum (NYSE:CPE), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Callon Petroleum had 87 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Northland Capital on Monday, December 11. The stock has “Buy” rating by Wunderlich on Thursday, May 26. The firm has “Hold” rating by Credit Suisse given on Monday, December 11. The stock of Callon Petroleum Company (NYSE:CPE) earned “Outperform” rating by FBR Capital on Friday, September 9. The firm earned “Buy” rating on Wednesday, March 30 by Seaport Global. The firm has “Outperform” rating given on Monday, May 9 by Imperial Capital. The rating was maintained by Jefferies on Tuesday, January 30 with “Buy”. The firm earned “Neutral” rating on Wednesday, June 21 by Seaport Global. Citigroup maintained the shares of CPE in report on Thursday, July 13 with “Buy” rating. The stock of Callon Petroleum Company (NYSE:CPE) has “Outperform” rating given on Thursday, September 8 by RBC Capital Markets.

Investors sentiment decreased to 1.63 in 2017 Q3. Its down 0.10, from 1.73 in 2017Q2. It dropped, as 32 investors sold CPE shares while 62 reduced holdings. 50 funds opened positions while 103 raised stakes. 250.94 million shares or 9.25% more from 229.70 million shares in 2017Q2 were reported. Westwood Gp reported 0.2% in Callon Petroleum Company (NYSE:CPE). Vaughan Nelson Inv Management Ltd Partnership holds 0.62% or 4.63 million shares in its portfolio. Strs Ohio owns 0% invested in Callon Petroleum Company (NYSE:CPE) for 6,800 shares. Sir Capital Mngmt LP holds 2.64 million shares or 3.83% of its portfolio. Proshare Ltd Llc reported 26,668 shares. 38,442 are owned by Brown Advisory. Cramer Rosenthal Mcglynn accumulated 0.75% or 4.17 million shares. Carlson Capital LP accumulated 1.70 million shares. Hodges Capital Management Inc owns 0.04% invested in Callon Petroleum Company (NYSE:CPE) for 56,300 shares. Renaissance Gru Lc has invested 0.01% of its portfolio in Callon Petroleum Company (NYSE:CPE). Ami Asset Management Corporation owns 516,171 shares. Teton Advisors Incorporated accumulated 244,844 shares. Jane Street Gp Lc holds 64,602 shares. Wesbanco Commercial Bank Inc holds 33,148 shares. Usca Ria Ltd Llc reported 36,000 shares or 0.05% of all its holdings.

Analysts await Callon Petroleum Company (NYSE:CPE) to report earnings on February, 26. They expect $0.13 EPS, up 62.50% or $0.05 from last year’s $0.08 per share. CPE’s profit will be $26.24M for 20.94 P/E if the $0.13 EPS becomes a reality. After $0.09 actual EPS reported by Callon Petroleum Company for the previous quarter, Wall Street now forecasts 44.44% EPS growth.

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