Bill Barrett Corporation (NYSE:BBG): A Detailed Look at its Institutional Ownership

Bill Barrett Corporation (NYSE:BBG) produced a 85.34% rally since recording the worst price of $2.66. Thanks to the latest 8.83% increase, it now trades at $4.93. Throughout the trading on 10/31/2017, the share price floated between $4.5182 and $5.01. This company shares are 9.13% off its target price of $5.38 and the current market capitalization stands at $368.73M. The recent change has given its price a 29.46% lead over SMA 50 and -40.17% deficit over its 52-week high. The stock witnessed 12.81% gains, 48.94% gains and 31.82% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BBG’s volatility during a week at 6% and during a month it has been found around 5.13%.

Bill Barrett Corporation (BBG) Top Holders

Institutional investors currently hold around $316 million or 94.2% in BBG stock. Look at its top three institutional owners. Blackrock Inc. owns $47.51 million in Bill Barrett Corporation, which represents roughly 12.89% of the company’s market cap and approximately 15.04% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 6,214,771 shares of the stock are valued at $28.15 million. The third largest holder is Jpmorgan Chase & Co, which currently holds $24.07 million worth of this stock and that ownership represents nearly 6.53% of its market capitalization.

Bill Barrett Corporation 13F Filings

At the end of 06/30/2017 reporting period, 72 institutional holders increased their position in Bill Barrett Corporation (NYSE:BBG) by some 8,907,208 shares, 80 decreased positions by 16,988,393 and 21 held positions by 43,933,730. That puts total institutional holdings at 69,829,331 shares, according to SEC filings. The stock grabbed 18 new institutional investments totaling 1,713,224 shares while 25 institutional investors sold out their entire positions totaling 3,090,239 shares.

Bill Barrett Corporation (NYSE:BBG) Insider Trades

Multiple company employees have indulged in significant insider trading. Bill Barrett Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO and President Woodall R Scot has sold 10,000 shares of Bill Barrett Corporation (BBG) in trading session dated Oct. 06, 2017. These shares are worth $41,900 and were traded at $4.19 each. The SEC filing shows that Woodall R Scot performed a sale of 10,000 shares. The CEO and President disposed these shares by way of transaction on Sep. 08, 2017. The company’s shares were given away at $3.04 per share worth to an income of some $30,400 on account of Woodall R Scot.

CFO and Treasurer, Howard Robert William, sold 12,060 common shares of Bill Barrett Corporation (BBG) in the open market. In a transaction dated Feb. 18, 2015, the shares were put up for sale at an average price of $12.64, raking in a sum of $152,438. After this sale, 206,312 common shares of BBG are directly owned by the insider, with total stake valued at $1,017,118.

In the transaction dated Jan. 13, 2015, the great number of shares acquired came courtesy the CEO and President; Woodall R Scot added a total of 5,000 shares at an average price of $9.8, amounting to approximately $49,000. The insider now directly owns 306,184 shares worth $1,509,487.

Bill Barrett Corporation (BBG) Analyst Guide

Several analysts have released their opinion on Bill Barrett Corporation (NYSE:BBG), with 3 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation.

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