Chesapeake Utilities Corporation (CPK) Rating Increased to Buy at Zacks Investment Research

Marco Green
November 20, 2017

Therefore 14% are positive. On Track Innovations had 7 analyst reports since August 11, 2015 according to SRatingsIntel. As per Wednesday, March 2, the company rating was downgraded by Robert W. Baird. They set a "sector perform" rating and a $75.00 price target on the stock. The rating was maintained by Piper Jaffray with "Hold" on Thursday, October 19. The firm has "Outperform" rating by Northland Capital given on Tuesday, August 11.

Commonwealth Bank Of Australia decreased Chesapeake Energy Corp (CHK) stake by 98% reported in 2017Q2 SEC filing. As of the end of the quarter Tiaa Cref Investment Management LLC had disposed of a total of 179,465 shares trimming its holdings by 8.3%. Chesapeake Energy Corp now has $3.65 billion valuation. The stock increased 4.28% or $0.16 on November 17, reaching $4.02. About 100,902 shares traded. Chesapeake Energy Corporation (CHK) has a market cap of $3.47 billion and over the last 12 months, Chesapeake Energy Corporation (NYSE:CHK) has gone weaker by -34.86%. It has outperformed by 337.00% the S&P500. Short interest fell 1,701 over that period. Its down 0.35, from 1.46 in 2017Q1. It improved, as 17 investors sold FOE shares while 63 reduced holdings. 60 funds opened positions while 136 raised stakes.

Aperio Group LLC trimmed its position in Chesapeake Energy Corporation (NYSE:CHK) by 12.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Lord Abbett Limited Liability Corp holds 51,000 shares. Argent Capital Management Llc acquired 9,275 shares as Chesapeake Utilities Corp (CPK)'s stock rose 9.21%. Wells Fargo Mn holds 42,346 shares. That's a potential 18.96 increase relative to where Chesapeake Energy Corporation (NYSE:CHK) has been trading recently. The utilities provider reported $0.42 EPS for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.07, Zacks reports. Chesapeake Utilities Corporation's payout ratio is presently 48.51%. Pennsylvania holds 250,225 shares or 0.06% of its portfolio.

Zacks Investment Research upgraded shares of Chesapeake Utilities Corporation (NYSE:CPK) from a hold rating to a buy rating in a report published on Tuesday. Deutsche Bank maintained Chesapeake Energy Corporation (NYSE:CHK) on Wednesday, August 10 with "Hold" rating. 3,545 are held by Sei Invs.

Shares of Chesapeake Energy Corporation (NYSE:CHK) opened at $4.02 on Friday. It also reduced Fedex Corporation (NYSE:FDX) stake by 911,462 shares and now owns 4.71M shares. Pfizer Inc (NYSE:PFE) was reduced too. A 3 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:CLNS) or, if they already own its stock, sell it. The stock decreased 0.15% or $0.03 on November 17, reaching $23.91. Davenport & Limited, Virginia-based fund reported 70,575 shares.

TRADEMARK VIOLATION NOTICE: "Chesapeake Utilities Corporation (NYSE:CPK) Stake Raised by Vanguard Group Inc." was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. MARTIN R BRAD also bought $105,260 worth of Chesapeake Energy Corporation (NYSE:CHK) shares. The firm earned "Underweight" rating on Friday, January 29 by Barclays Capital.

Ratings analysis reveals 0 of AptarGroup's analysts are positive. The stock of Chesapeake Energy Corporation (NYSE:CHK) has "Buy" rating given on Monday, May 15 by Bank of America. The firm has "Neutral" rating given on Monday, September 18 by PiperJaffray.

Investors sentiment decreased to 0.57 in 2017 Q2. Its down 1.45, from 2.35 in 2017Q1. Spark Investment Limited Liability Company holds 0% or 26,283 shares. Income Prtn Ltd Liability invested in 537,381 shares or 0.76% of the stock. Earnings Yield helps investors measure the return on investment for a given company. Jpmorgan Chase Commerce has 7,012 shares for 0% of their portfolio. Menta Ltd Liability holds 48,170 shares or 0.05% of its portfolio. During the last 52 weeks, the (NYSE:CHK) price has been as high as $8.2 and as low as $3.41. Tower Capital Limited Com (Trc) accumulated 471 shares. Susquehanna Grp Inc Llp owns 174,174 shares. San Francisco Sentry Investment Gru (Ca) invested in 0.01% or 7,150 shares. Zacks Invest Mgmt holds 10,000 shares or 0% of its portfolio. About 37,513 shares traded. 300 are owned by Huntington Bankshares. The Texas-based Fruth Investment Management has invested 0.9% in the stock. Sarbit Advisory Ser Inc invested in 1.31M shares.

Since May 26, 2017, it had 2 insider purchases, and 0 insider sales for $480,035 activity. 10,000 On Track Innovations Ltd (USA) (NASDAQ:OTIV) shares with value of $12,650 were bought by Medford James Scott.

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