Knights of Columbus Asset Advisors LLC Has $3.44 Million Stock Position in Crescent Point Energy Corp. (NYSE:CPG)

Knights of Columbus Asset Advisors LLC raised its stake in shares of Crescent Point Energy Corp. (NYSE:CPG - Free Report) TSE: CPG by 94.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 495,681 shares of the oil and gas producer's stock after buying an additional 240,910 shares during the quarter. Knights of Columbus Asset Advisors LLC owned about 0.08% of Crescent Point Energy worth $3,435,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CPG. Citigroup Inc. grew its position in shares of Crescent Point Energy by 15.0% during the 1st quarter. Citigroup Inc. now owns 172,959 shares of the oil and gas producer's stock worth $1,254,000 after buying an additional 22,571 shares during the period. PNC Financial Services Group Inc. bought a new position in shares of Crescent Point Energy during the 1st quarter valued at about $50,000. BlackRock Inc. lifted its holdings in shares of Crescent Point Energy by 22.4% during the 1st quarter. BlackRock Inc. now owns 372,962 shares of the oil and gas producer's stock valued at $2,704,000 after purchasing an additional 68,277 shares in the last quarter. Great West Life Assurance Co. Can lifted its holdings in shares of Crescent Point Energy by 25.8% during the 1st quarter. Great West Life Assurance Co. Can now owns 85,590 shares of the oil and gas producer's stock valued at $661,000 after purchasing an additional 17,533 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Crescent Point Energy by 76.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,549,782 shares of the oil and gas producer's stock valued at $32,986,000 after purchasing an additional 1,965,940 shares in the last quarter. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Crescent Point Energy Stock Up 2.8 %

Shares of NYSE:CPG traded up $0.24 during trading on Friday, hitting $8.69. 5,713,043 shares of the company's stock traded hands, compared to its average volume of 5,966,850. Crescent Point Energy Corp. has a 52 week low of $6.03 and a 52 week high of $9.07. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.46. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 12.41 and a beta of 2.23. The company has a 50-day moving average price of $7.78 and a 200-day moving average price of $7.33.

Crescent Point Energy (NYSE:CPG - Get Free Report) TSE: CPG last released its quarterly earnings data on Thursday, February 29th. The oil and gas producer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.11). Crescent Point Energy had a net margin of 15.40% and a return on equity of 13.27%. The business had revenue of $743.70 million for the quarter, compared to the consensus estimate of $752.25 million. As a group, research analysts forecast that Crescent Point Energy Corp. will post 1.17 EPS for the current fiscal year.

Crescent Point Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were issued a dividend of $0.086 per share. This represents a $0.34 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Thursday, March 14th. This is a boost from Crescent Point Energy's previous quarterly dividend of $0.07. Crescent Point Energy's payout ratio is 48.57%.

Crescent Point Energy Profile

Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.