Bill Barrett Corporation (NYSE:BBG) was the recipient of some unusual options trading on Thursday. Stock investors bought 2,216 call options on the company. This is an increase of approximately Infinity compared to the average daily volume of 0 call options.

Bill Barrett Corporation (NYSE BBG) opened at $6.73 on Friday. The company has a quick ratio of 2.40, a current ratio of 2.78 and a debt-to-equity ratio of 1.30. Bill Barrett Corporation has a 1-year low of $2.66 and a 1-year high of $8.24.

Bill Barrett Corporation (NYSE:BBG) last released its earnings results on Tuesday, October 31st. The energy company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.12. Bill Barrett Corporation had a negative return on equity of 7.59% and a negative net margin of 49.61%. The company had revenue of $67.87 million for the quarter, compared to the consensus estimate of $61.23 million. During the same quarter last year, the business posted ($0.10) EPS. Bill Barrett Corporation’s quarterly revenue was up 34.4% compared to the same quarter last year. sell-side analysts anticipate that Bill Barrett Corporation will post -0.59 earnings per share for the current year.

In related news, CEO R Scot Woodall sold 10,000 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $3.04, for a total value of $30,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.70% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Bill Barrett Corporation by 40.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,214,771 shares of the energy company’s stock worth $19,079,000 after purchasing an additional 1,777,309 shares during the period. Vanguard Group Inc. raised its position in shares of Bill Barrett Corporation by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 5,483,818 shares of the energy company’s stock worth $24,951,000 after purchasing an additional 397,849 shares during the period. JPMorgan Chase & Co. raised its position in shares of Bill Barrett Corporation by 12.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,312,279 shares of the energy company’s stock worth $16,309,000 after purchasing an additional 579,442 shares during the period. State Street Corp raised its position in shares of Bill Barrett Corporation by 62.2% during the 1st quarter. State Street Corp now owns 4,865,033 shares of the energy company’s stock worth $22,136,000 after purchasing an additional 1,865,747 shares during the period. Finally, Divisar Capital Management LLC raised its position in shares of Bill Barrett Corporation by 105.5% during the 2nd quarter. Divisar Capital Management LLC now owns 3,528,178 shares of the energy company’s stock worth $10,832,000 after purchasing an additional 1,811,339 shares during the period. Institutional investors and hedge funds own 90.58% of the company’s stock.

A number of research analysts recently commented on BBG shares. Stifel Nicolaus set a $7.00 price target on Bill Barrett Corporation and gave the company a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research raised Bill Barrett Corporation from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a report on Tuesday, October 3rd. KLR Group reissued a “buy” rating and issued a $8.00 price target (up previously from $7.00) on shares of Bill Barrett Corporation in a report on Thursday, August 3rd. Scotiabank reissued a “buy” rating and issued a $10.00 price target on shares of Bill Barrett Corporation in a report on Wednesday. Finally, BMO Capital Markets set a $4.00 price target on Bill Barrett Corporation and gave the company a “hold” rating in a report on Tuesday, October 10th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $6.27.

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About Bill Barrett Corporation

Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.

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