Piper Jaffray Companies Reiterates $6.00 Price Target for Chesapeake Energy Corporation (CHK)

The Pivot Point Capital Partners Llc holds 1.14M shares with $35.86 million value, down from 1.18M last quarter. As of the end of the quarter BNP Paribas Arbitrage, SA had bought 1,000 shares growing its stake by 62.5%. With 1.53 million avg volume, 18 days are for Nordstrom Incorporated (NYSE:JWN)’s short sellers to cover JWN’s short positions. The SI to Chesapeake Energy Corporation’s float is 22.67%. The stock decreased 0.26% or $0.01 on August 25, reaching $3.79.

Shares of Chesapeake Energy Corporation (NYSE CHK) traded down 0.4670% during mid-day trading on Monday, reaching $3.7723. The value of the company’s investment in Chesapeake Energy Corporation increased from $108,000 to $136,300,000 a change of $136,192,000 since the last quarter. It has outperformed by 33.04% the S&P500.

Pivot Point Capital Partners Llc decreased Comscore Inc (SCOR) stake by 4.06% reported in 2016Q4 SEC filing. Westwood Holdings Group Inc expanded its holdings by buying 6,053 shares an increase of 0.1%. Barclays Capital maintained the shares of BBT in report on Wednesday, April 6 with “Equalweight” rating. About 2.41 million shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since August 28, 2016 and is uptrending. It has outperformed by 13.80% the S&P500.

Chesapeake Energy Corporation shares decreased -4.29 percent over the past week and fell -25.1 percent over the previous month. The stock’s market capitalization is $3.36 billion. It now has negative earnings. Company’s return on equity, which is really just the product of the company’s profit margin, asset turnover, and financial leverage ratios, is -0.10%, which is (8.29) worse than the Independent Oil & Gas industry average ROE. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Sell” rating by UBS on Friday, October 21. Therefore 23% are positive. Goldman Sachs Group Inc. had 74 analyst reports since July 21, 2015 according to SRatingsIntel.

Chesapeake Energy Corporation (NYSE:CHK) is now up 0.8% compared to a 12-month low of $3.76. Mizuho initiated the shares of CHK in report on Tuesday, December 20 with “Neutral” rating. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Equal-Weight” rating given on Tuesday, August 16 by Capital One. The firm earned “Hold” rating on Friday, July 21 by Cowen & Co. SunTrust upgraded the stock to “Buy” rating in Monday, July 27 report. The company was downgraded on Thursday, May 11 by Bank of America. The firm has “Underperform” rating given on Tuesday, September 13 by FBR Capital.

Investors sentiment decreased to 1.61 in Q4 2016. Its down 0.07, from 0.16 in 2016Q3. It improved, as 47 investors sold BB&T Corporation shares while 271 reduced holdings. Capstone Asset Management Co. raised its stake in Chesapeake Energy Corporation by 0.4% in the first quarter. 518.52 million shares or 2.79% more from 504.45 million shares in 2016Q3 were reported.

Several analysts have released their opinion on Chesapeake Energy Corporation (NYSE:CHK), with 2 analysts believing it is a strong buy. Moreover, Cantab Capital Prtn Ltd Liability Partnership has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). Finally, Two Sigma Securities LLC acquired a new stake in shares of Chesapeake Energy Corporation during the first quarter worth approximately $152,000. Guggenheim downgraded the shares of GS in report on Thursday, October 20 to “Neutral” rating. (OTCMKTS:SCOR). Schwab Charles Investment owns 177,768 shares for 0.01% of their portfolio. Mutual Of America Cap stated it has 0.01% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Montgomery Invest Management, a Maryland-based fund reported 99,370 shares. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by Deutsche Bank on Tuesday, June 14. Ubs Asset Mgmt Americas Inc stated it has 1.81M shares or 0.01% of all its holdings. 15,394 were reported by Putnam Lc. Cigna Investments Inc. New now owns 30,765 shares of the oil and gas exploration company’s stock valued at $153,000 after buying an additional 281 shares in the last quarter.

Since March 3, 2017, it had 4 insider purchases, and 0 selling transactions for $3.37 million activity. Shares for $105,260 were bought by MARTIN R BRAD.

In other news, Director Thomas L. Ryan purchased 75,000 shares of Chesapeake Energy Corporation stock in a transaction that occurred on Wednesday, May 31st. It also reduced its holding in Ishares S&P (IJS) by 6,008 shares in the quarter, leaving it with 30,688 shares, and cut its stake in Ishares Technology (IYW). Macquarie Infrastructure Cor (NYSE:MIC) was raised too.

Since March 1, 2017, it had 0 insider purchases, and 4 insider sales for $1.94 million activity. 15,000 shares were sold by Smith Edwin E, worth $420,300 on Monday, March 6. (NYSE:JWN) shares were sold by NORDSTROM BLAKE W. Sterling Inv Management invested in 1.1% or 109,978 shares. Its down 0.03, from 0.87 in 2016Q3. Da Davidson has invested 0.1% in Goldman Sachs Group Inc (NYSE:GS). 132 funds opened positions while 525 raised stakes. 7,423 Nordstrom, Inc. (NYSE:JWN) shares with value of $348,940 were sold by LITTLE DANIEL F. Japan-based Daiwa Inc has invested 0% in Progressive Corp (NYSE:PGR). Synovus holds 0% or 2,060 shares. State Treasurer State Of Michigan reported 212,781 shares. Mason Street Advsr Ltd Llc holds 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 101,969 shares. (OTCMKTS:SCOR). Royal Bank & Trust Of Canada owns 19,072 shares for 0% of their portfolio. Following the transaction, the director now directly owns 547,358 shares in the company, valued at approximately $2,249,641.38. Ruane Cunniff And Goldfarb holds 20,019 shares or 0.01% of its portfolio. Icon Advisers Co owns 1.30 million shares.

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