Customers Bancorp (CUBI) Holding Raised by Bowling Portfolio Management Llc; Columbia Pacific Advisors Increases Holding in Barrett Bill (BBG)

January 14, 2018 - By Marguerite Chambers

Columbia Pacific Advisors Llc increased its stake in Barrett Bill Corp (BBG) by 106.41% based on its latest 2017Q3 regulatory filing with the SEC. Columbia Pacific Advisors Llc bought 185,000 shares as the company’s stock declined 29.01% while stock markets rallied. The institutional investor held 358,850 shares of the oil & gas production company at the end of 2017Q3, valued at $1.54 million, up from 173,850 at the end of the previous reported quarter. Columbia Pacific Advisors Llc who had been investing in Barrett Bill Corp for a number of months, seems to be bullish on the $580.53M market cap company. The stock decreased 1.31% or $0.07 during the last trading session, reaching $5.26. About 2.28M shares traded. Bill Barrett Corporation (NYSE:BBG) has declined 43.01% since January 14, 2017 and is downtrending. It has underperformed by 59.71% the S&P500.

Bowling Portfolio Management Llc increased its stake in Customers Bancorp Inc (CUBI) by 114.45% based on its latest 2017Q3 regulatory filing with the SEC. Bowling Portfolio Management Llc bought 25,824 shares as the company’s stock declined 17.83% while stock markets rallied. The institutional investor held 48,387 shares of the finance company at the end of 2017Q3, valued at $1.58M, up from 22,563 at the end of the previous reported quarter. Bowling Portfolio Management Llc who had been investing in Customers Bancorp Inc for a number of months, seems to be bullish on the $924.18 million market cap company. The stock increased 0.87% or $0.26 during the last trading session, reaching $30. About 268,781 shares traded or 2.55% up from the average. Customers Bancorp, Inc. (NYSE:CUBI) has risen 10.83% since January 14, 2017 and is uptrending. It has underperformed by 5.87% the S&P500.

Bowling Portfolio Management Llc, which manages about $492.89M and $665.23 million US Long portfolio, decreased its stake in Amgen Inc. (NASDAQ:AMGN) by 5,224 shares to 38,822 shares, valued at $7.24 million in 2017Q3, according to the filing. It also reduced its holding in Chicos Fas Inc (NYSE:CHS) by 83,562 shares in the quarter, leaving it with 16,316 shares, and cut its stake in Evercore Partners Inc Cl A (NYSE:EVR).

Among 6 analysts covering Customers Bancorp (NYSE:CUBI), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Customers Bancorp had 22 analyst reports since October 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Boenning & Scattergood given on Thursday, July 27. The rating was maintained by Keefe Bruyette & Woods on Tuesday, September 20 with “Market Perform”. On Thursday, October 26 the stock rating was maintained by Maxim Group with “Buy”. The stock of Customers Bancorp, Inc. (NYSE:CUBI) earned “Buy” rating by Maxim Group on Wednesday, February 1. The stock of Customers Bancorp, Inc. (NYSE:CUBI) has “Outperform” rating given on Thursday, December 8 by FBR Capital. The stock of Customers Bancorp, Inc. (NYSE:CUBI) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 29. The firm has “Buy” rating given on Thursday, January 4 by Maxim Group. The firm has “Buy” rating given on Wednesday, January 3 by FBR Capital. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, May 31. The stock of Customers Bancorp, Inc. (NYSE:CUBI) has “Buy” rating given on Monday, December 19 by Maxim Group.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.45, from 1.63 in 2017Q2. It fall, as 15 investors sold CUBI shares while 53 reduced holdings. 24 funds opened positions while 56 raised stakes. 25.90 million shares or 0.33% more from 25.81 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage Sa has 0% invested in Customers Bancorp, Inc. (NYSE:CUBI). Alliancebernstein LP has 0.03% invested in Customers Bancorp, Inc. (NYSE:CUBI) for 1.15 million shares. Tiaa Cref Investment Management Limited Liability Company holds 0.01% in Customers Bancorp, Inc. (NYSE:CUBI) or 253,866 shares. 131 were accumulated by Denali Advsr Llc. Federated Invsts Inc Pa stated it has 0% of its portfolio in Customers Bancorp, Inc. (NYSE:CUBI). Axa accumulated 0% or 25,100 shares. State Street invested 0% in Customers Bancorp, Inc. (NYSE:CUBI). 9,480 are owned by Art Advisors Ltd. Bard invested in 79,220 shares. Systematic Finance Mngmt Limited Partnership owns 0.04% invested in Customers Bancorp, Inc. (NYSE:CUBI) for 55,365 shares. Oberweis Asset Mngmt holds 0.4% or 44,510 shares. Janney Montgomery Scott Limited Liability Com has invested 0% in Customers Bancorp, Inc. (NYSE:CUBI). Texas Permanent School Fund reported 0.01% of its portfolio in Customers Bancorp, Inc. (NYSE:CUBI). Buckhead Mgmt Limited Liability Corporation holds 14,415 shares or 0.1% of its portfolio. Schwab Charles Investment Inc accumulated 0.01% or 258,986 shares.

Among 19 analysts covering Bill Barrett Corporation (NYSE:BBG), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Bill Barrett Corporation had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Thursday, December 7 by Imperial Capital. The company was maintained on Friday, October 14 by Howard Weil. The stock has “Neutral” rating by JP Morgan on Tuesday, October 13. The firm has “Underperform” rating by Cowen & Co given on Tuesday, September 8. The stock of Bill Barrett Corporation (NYSE:BBG) earned “Hold” rating by Cantor Fitzgerald on Tuesday, April 26. KeyBanc Capital Markets maintained the shares of BBG in report on Monday, September 11 with “Hold” rating. The rating was maintained by Barclays Capital on Monday, November 20 with “Equal-Weight”. The stock of Bill Barrett Corporation (NYSE:BBG) has “Buy” rating given on Friday, August 7 by Deutsche Bank. BMO Capital Markets maintained the shares of BBG in report on Friday, August 11 with “Hold” rating. The stock of Bill Barrett Corporation (NYSE:BBG) earned “Market Perform” rating by Northland Capital on Friday, August 7.

Since September 8, 2017, it had 0 insider buys, and 3 selling transactions for $118,700 activity.

Columbia Pacific Advisors Llc, which manages about $910.93M and $80.24M US Long portfolio, decreased its stake in Laredo Petroleum Inc (NYSE:LPI) by 25,700 shares to 264,150 shares, valued at $3.42M in 2017Q3, according to the filing.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.13, from 1.17 in 2017Q2. It is positive, as 13 investors sold BBG shares while 37 reduced holdings. 19 funds opened positions while 46 raised stakes. 60.94 million shares or 5.20% less from 64.29 million shares in 2017Q2 were reported. Walleye Trading Ltd Limited Liability Company holds 30,457 shares or 0% of its portfolio. Millennium Management Ltd Liability, New York-based fund reported 881,596 shares. Jpmorgan Chase & Com holds 0% or 4.95 million shares. Paloma Prtn Mgmt Co holds 0.02% in Bill Barrett Corporation (NYSE:BBG) or 322,788 shares. Group Incorporated One Trading Lp reported 40,417 shares. Northern Trust Corporation reported 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG). Tci Wealth Advsr holds 308 shares. Renaissance Techs Limited Liability Company reported 4.23M shares or 0.02% of all its holdings. Principal Fincl Group Inc Inc reported 0% stake. Sei stated it has 0% in Bill Barrett Corporation (NYSE:BBG). Wells Fargo And Company Mn has 107,024 shares for 0% of their portfolio. Pennsylvania-based Susquehanna International Grp Limited Liability Partnership has invested 0% in Bill Barrett Corporation (NYSE:BBG). Panagora Asset Management Inc holds 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG) for 45,510 shares. Bancorp Of Montreal Can stated it has 2,779 shares. Australia-based Macquarie Grp Ltd has invested 0% in Bill Barrett Corporation (NYSE:BBG).

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