Chelsea Property Group Inc (NYSE:CPG) Institutional Investor Positioning Change

May 17, 2018 - By Kristen Paramore

Crescent Point Energy Corp. (NYSE:CPG) Logo

Sentiment for Chelsea Property Group Inc (NYSE:CPG)

Chelsea Property Group Inc (NYSE:CPG) institutional sentiment increased to 1.28 in Q4 2017. Its up 0.25, from 1.03 in 2017Q3. The ratio improved, as 68 active investment managers increased and started new positions, while 53 sold and decreased their holdings in Chelsea Property Group Inc. The active investment managers in our partner’s database now have: 209.66 million shares, down from 215.30 million shares in 2017Q3. Also, the number of active investment managers holding Chelsea Property Group Inc in their top 10 positions increased from 2 to 5 for an increase of 3. Sold All: 13 Reduced: 40 Increased: 45 New Position: 23.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $4.69 billion. The company's natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

The stock increased 1.78% or $0.15 during the last trading session, reaching $8.59. About 1.16M shares traded. Crescent Point Energy Corp. (NYSE:CPG) has declined 34.24% since May 17, 2017 and is downtrending. It has underperformed by 45.79% the S&P500.

Analysts await Crescent Point Energy Corp. (NYSE:CPG) to report earnings on July, 26. They expect $0.10 EPS, up 100.00 % or $0.05 from last year’s $0.05 per share. CPG’s profit will be $54.63 million for 21.48 P/E if the $0.10 EPS becomes a reality. After $0.09 actual EPS reported by Crescent Point Energy Corp. for the previous quarter, Wall Street now forecasts 11.11 % EPS growth.

Lincluden Management Ltd holds 3.83% of its portfolio in Crescent Point Energy Corp. for 7.08 million shares. Portland Investment Counsel Inc. owns 525,323 shares or 3.79% of their US portfolio. Moreover, Teachers Insurance & Annuity Association Of America has 2.72% invested in the company for 6.98 million shares. The Ontario – Canada-based Scheer Rowlett & Associates Investment Management Ltd. has invested 2.03% in the stock. K.J. Harrison & Partners Inc, a Ontario – Canada-based fund reported 766,211 shares.

More important recent Crescent Point Energy Corp. (NYSE:CPG) news were published by: Globenewswire.com which released: “Crescent Point Reinforces Its Current Plan for Change” on April 20, 2018, also Globenewswire.com published article titled: “Crescent Point Announces Annual General Meeting Voting Results”, Seekingalpha.com published: “Crescent Point Energy’s (CPG) CEO Scott Saxberg on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. More interesting news about Crescent Point Energy Corp. (NYSE:CPG) was released by: Fool.ca and their article: “Will the Energy Stock Rally Last?” with publication date: May 06, 2018.

Crescent Point Energy Corp. (NYSE:CPG) Ratings Chart

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