Home  »  Finance   »  Who is the Top Investor In Crescent Point Energy C...

Who is the Top Investor In Crescent Point Energy Corp. (CPG)?

196 institutions hold shares in Crescent Point Energy Corp. (CPG), with 392.47k shares held by insiders accounting for 0.07% while institutional investors hold 37.03% of the company’s shares. The shares outstanding are 530.36M, and float is at 529.22M with Short Float at 2.25%. Institutions hold 37.00% of the Float.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

The top institutional shareholder in the company is Franklin Resources, Inc. with over 32.4 million shares valued at $75.83 million. The investor’s holdings represent 6.11% of the CPG Shares outstanding. As of Dec 30, 2020, the second largest holder is Bank of Montreal/Can/ with 16.33 million shares valued at $38.22 million to account for 3.08% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 15.35 million shares representing 2.89% and valued at over $35.91 million, while Connor Clark & Lunn Investment Management Ltd holds 1.93% of the shares totaling 10.24 million with a market value of $23.97 million.

Crescent Point Energy Corp. (NYSE: CPG) is 69.66% higher on its value in year-to-date trading and has touched a low of $0.81 and a high of $4.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CPG stock was last observed hovering at around $4.03 in the last trading session, with the day’s loss setting it -0.06% off its average median price target of $5.27 for the next 12 months. It is also 37.68% off the consensus price target high of $6.37 offered by 15 analysts, but current levels are -42.81% lower than the price target low of $2.78 for the same period.

Currently trading at $3.97, the stock is -6.62% and 5.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.49 million and changing -1.49% at the moment leaves the stock 74.73% off its SMA200. CPG registered 298.59% gain for a year compared to 6-month gain of 222.76%. The firm has a 50-day simple moving average (SMA 50) of $4.0900 and a 200-day simple moving average (SMA200) of $2.5546.

The stock witnessed a -6.59% loss in the last 1 month and extending the period to 3 months gives it a 50.95%, and is -2.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.87% over the week and 5.50% over the month.

Crescent Point Energy Corp. (CPG) has around 735 employees, a market worth around $2.11B and $1.18B in sales. Fwd P/E is 24.81. Distance from 52-week low is 390.12% and -14.81% from its 52-week high.

Crescent Point Energy Corp. (CPG) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Crescent Point Energy Corp. (CPG) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 3.00, where 5 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Crescent Point Energy Corp. is expected to release its quarterly report on 07/29/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $658.64M over the same period.The EPS is expected to grow by 111.10% this year, but quarterly earnings will post 25.40% year-over-year. Quarterly sales are estimated to grow 6.00% in year-over-year returns.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.