CIT Stock: Cit Group Holder Owl Creek Asset Management LP Increased Its Position by $27.21 Million; Callon Pete Co Del Position Held by Key Group Holdings Cayman Ltd

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Key Group Holdings Cayman Ltd increased its stake in Callon Pete Co Del (CPE) by 87.03% based on its latest 2017Q2 regulatory filing with the SEC. Key Group Holdings Cayman Ltd bought 150,300 shares as the company’s stock declined 11.69% while stock markets rallied. The hedge fund held 323,000 shares of the oil & gas production company at the end of 2017Q2, valued at $3.43M, up from 172,700 at the end of the previous reported quarter. Key Group Holdings Cayman Ltd who had been investing in Callon Pete Co Del for a number of months, seems to be bullish on the $2.17 billion market cap company. The stock declined 3.45% or $0.39 reaching $10.77 on the news. About 309,975 shares traded. Callon Petroleum Company (NYSE:CPE) has risen 12.29% since November 14, 2016 and is uptrending. It has underperformed by 4.41% the S&P500.

Jeffrey Altman increased its stake in Cit Group Inc (CIT) by 22.23% based on its latest 2017Q2 regulatory filing with the SEC. Owl Creek Asset Management Lp bought 566,873 shares as the company’s stock rose 7.62% with the market. The hedge fund run by Jeffrey Altman held 3.12 million shares of the consumer services company at the end of 2017Q2, valued at $151.79M, up from 2.55M at the end of the previous reported quarter. Owl Creek Asset Management Lp who had been investing in Cit Group Inc for a number of months, seems to be bullish on the $6.12B market cap company. The stock rose 1.61% or $0.74 reaching $46.65 per share. About 55,081 shares traded. CIT Group Inc. (NYSE:CIT) has risen 46.21% since November 14, 2016 and is uptrending. It has outperformed by 29.51% the S&P500.

Investors sentiment decreased to 1.73 in 2017 Q2. Its down 0.03, from 1.76 in 2017Q1. It worsened, as 38 investors sold CPE shares while 55 reduced holdings. 33 funds opened positions while 128 raised stakes. 229.70 million shares or 2.94% more from 223.13 million shares in 2017Q1 were reported. 257,178 are owned by Alliancebernstein Limited Partnership. Mackenzie Fin Corp holds 75,500 shares. Fdx Advisors holds 0.01% or 15,950 shares. First Personal Fincl has invested 0% in Callon Petroleum Company (NYSE:CPE). Aqr Cap Management Ltd Liability stated it has 21,954 shares. Teacher Retirement Of Texas has invested 0% in Callon Petroleum Company (NYSE:CPE). Ameriprise Fincl owns 762,626 shares or 0% of their US portfolio. Metropolitan Life Insurance Company Ny holds 0.01% or 139,319 shares in its portfolio. Parkwood Lc holds 0.08% or 48,843 shares. Emerald Mutual Fund Advisers Trust has invested 0.51% of its portfolio in Callon Petroleum Company (NYSE:CPE). Sir Cap Management LP stated it has 3.40M shares or 5.41% of all its holdings. Grt Capital Prtn Ltd Co reported 2.93% in Callon Petroleum Company (NYSE:CPE). Barclays Public Ltd Co holds 0% or 93,330 shares in its portfolio. Castleark Management Limited Liability Company holds 0.07% in Callon Petroleum Company (NYSE:CPE) or 209,250 shares. Hancock Com invested in 0.33% or 739,677 shares.

Among 30 analysts covering Callon Petroleum (NYSE:CPE), 27 have Buy rating, 0 Sell and 3 Hold. Therefore 90% are positive. Callon Petroleum had 75 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Callon Petroleum Company (NYSE:CPE) has “Buy” rating given on Tuesday, October 20 by Canaccord Genuity. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 13. The stock of Callon Petroleum Company (NYSE:CPE) earned “Buy” rating by Tudor Pickering on Tuesday, June 20. KeyBanc Capital Markets maintained Callon Petroleum Company (NYSE:CPE) rating on Monday, September 18. KeyBanc Capital Markets has “Buy” rating and $16.0 target. The firm has “Buy” rating by BMO Capital Markets given on Monday, June 26. Barclays Capital initiated Callon Petroleum Company (NYSE:CPE) rating on Wednesday, April 26. Barclays Capital has “Overweight” rating and $16 target. The company was maintained on Friday, July 21 by Citigroup. The stock has “Focus Stock” rating by Howard Weil on Monday, May 16. The rating was initiated by BMO Capital Markets with “Outperform” on Thursday, September 22. The firm earned “Outperform” rating on Tuesday, May 24 by Credit Suisse.

Another recent and important Callon Petroleum Company (NYSE:CPE) news was published by Seekingalpha.com which published an article titled: “Callon Petroleum (CPE) Q3 2017 Results – Earnings Call Transcript” on November 07, 2017.

Key Group Holdings Cayman Ltd, which manages about $1.99B and $1.10 billion US Long portfolio, decreased its stake in Parsley Energy Inc (NYSE:PE) by 494,681 shares to 2.35M shares, valued at $65.15 million in 2017Q2, according to the filing. It also reduced its holding in Credit Suisse Nassau Brh (NASDAQ:UGLD) by 307,486 shares in the quarter, leaving it with 549,346 shares, and cut its stake in Euronav Nv Antwerpen.

More notable recent CIT Group Inc. (NYSE:CIT) news were published by: Seekingalpha.com which released: “CIT Group’s (CIT) CEO Ellen Alemany on Q3 2017 Results – Earnings Call Transcript” on October 24, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: CIT Group, Macerich and International Business Machines” published on November 07, 2017, Nasdaq.com published: “CIT Group Inc (DEL) (CIT) Ex-Dividend Date Scheduled for November 09, 2017” on November 08, 2017. More interesting news about CIT Group Inc. (NYSE:CIT) were released by: Nasdaq.com and their article: “Zacks.com featured highlights: Greenbrier, CIT Group, ArcBest, Prudential …” published on October 17, 2017 as well as Nasdaq.com‘s news article titled: “CIT Group Inc. Bottom Line Climbs 67% In Q3” with publication date: October 24, 2017.

Since May 26, 2017, it had 1 insider purchase, and 4 insider sales for $1.49 million activity. MORRELL KELLEY sold 16,987 shares worth $767,936. HUDAK JAMES L also sold $100,132 worth of CIT Group Inc. (NYSE:CIT) shares. The insider SPERLING EDWARD K sold $205,009. BROSNAN MICHAEL L. bought $1,096 worth of stock.

Owl Creek Asset Management Lp, which manages about $6.06 billion and $2.54 billion US Long portfolio, decreased its stake in Advance Auto Parts Inc (NYSE:AAP) by 475,500 shares to 147,065 shares, valued at $17.15M in 2017Q2, according to the filing. It also reduced its holding in Adient Plc by 294,400 shares in the quarter, leaving it with 1.07 million shares, and cut its stake in Lamb Weston Hldgs Inc.

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