The Sell-Side Reaction To Chesapeake Energy Corporation (CHK)'s Recent Shift

75 funds opened positions while 177 raised stakes. William Blair Investment Management LLC now owns 237,738 shares of the utilities provider's stock valued at $15,917,000 after buying an additional 24,721 shares in the last quarter. Ontario - Canada-based Ontario Teachers Pension Plan Board has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). SunTrust Banks, Inc. reaffirmed a "buy" rating and issued a $9.00 target price on shares of Chesapeake Energy Corporation in a research report on Monday, May 1st. Texas-based Exxonmobil Management Inc Tx has invested 0.03% in Chesapeake Energy Corporation (NYSE:CHK). Highline Capital Management L.P. owns 4.25 million shares or 2.45% of their U.S. portfolio. During the same period in the previous year, the company posted ($0.10) earnings per share. Bancorp Of America Corporation De holds 33,298 shares or 0% of its portfolio. The current consensus recommendation provided by covering analysts is 2.30. Alliancebernstein LP invested 0% of its portfolio in Chesapeake Utilities Corporation (NYSE:CPK). Huntington Bankshares has invested 0% of its portfolio in Chesapeake Utilities Corporation (NYSE:CPK). Td Asset Inc has invested 0% in Chesapeake Utilities Corporation (NYSE:CPK). 26, 2017. The company's shares were assimilated at $5.26 per share worth to an investment of some $105,200 on account of MARTIN R BRAD. The stock showed weekly upbeat performance of 0.67%, which was maintained for the month at 1.64%.

Since March 3, 2017, it had 4 buys, and 0 selling transactions for $3.37 million activity. CHK's distance from 200 Day SMA is -19.69%. It turned negative, as 20 investors sold Chesapeake Utilities Corporation shares while 55 reduced holdings. Bittner Elaine B. sold $41,510 worth of stock. Finemark Natl Bank And has 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK) for 13,200 shares. Tiedemann Wealth Management LLC now owns 16,999 shares of the oil and gas exploration company's stock valued at $101,000 after buying an additional 2,952 shares in the last quarter. Public Employees Retirement Association of Colorado's holdings in Chesapeake Utilities Corporation were worth $346,000 as of its most recent SEC filing. This dividend's record date is Jun 15, 2017 and the announcement date is May 4, 2017.

ATR remains at 0.25 while Beta component of the stock stands at 2.02.

Shares of Chesapeake Energy Corporation (CHK) touched the day high at $5.05 while its day Low was at $4.77. It has outperformed by 8.74% the S&P500. Chesapeake Energy Corporation had a negative return on equity of 7.64% and a negative net margin of 35.84%. The total market capitalization remained at $4.82 billion. For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Therefore 14% are positive. Two analysts have issued estimates for Chesapeake Utilities' earnings, with the lowest sales estimate coming in at $109.80 million and the highest estimate coming in at $123.20 million. On Thursday, March 23 the stock rating was downgraded by RBC Capital Markets to "Underperform". Tudor Pickering upgraded the stock to "Buy" rating in Thursday, July 21 report. The firm has "Neutral" rating by Seaport Global given on Friday, December 2. Price targets reflect what the analyst believes a stock will be worth four quarters into the future. Janney Capital upgraded the shares of CPK in report on Monday, August 10 to "Neutral" rating. They now have a United States dollars 11 price target on the stock. They set a "buy" rating and a $10.00 price objective on the stock.

Receive Chesapeake Energy Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Energy Corporation with MarketBeat.com's FREE daily email newsletter.