Two Sigma Investments LP decreased its position in shares of Lonestar Resources US Inc (NASDAQ:LONE) by 55.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,615 shares of the energy company’s stock after selling 63,363 shares during the period. Two Sigma Investments LP’s holdings in Lonestar Resources US were worth $188,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the company. B. Riley Financial Inc. lifted its holdings in shares of Lonestar Resources US by 80.3% in the 4th quarter. B. Riley Financial Inc. now owns 2,430,251 shares of the energy company’s stock valued at $8,870,000 after acquiring an additional 1,082,522 shares during the last quarter. Allianz Asset Management GmbH bought a new position in shares of Lonestar Resources US in the 3rd quarter valued at about $3,399,000. Dimensional Fund Advisors LP lifted its holdings in shares of Lonestar Resources US by 62.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 653,283 shares of the energy company’s stock valued at $5,089,000 after acquiring an additional 250,998 shares during the last quarter. Prudential PLC bought a new position in shares of Lonestar Resources US in the 4th quarter valued at about $632,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Lonestar Resources US by 13.9% in the 3rd quarter. Renaissance Technologies LLC now owns 896,200 shares of the energy company’s stock valued at $6,981,000 after acquiring an additional 109,100 shares during the last quarter. Hedge funds and other institutional investors own 58.45% of the company’s stock.
Shares of NASDAQ LONE opened at $4.29 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.96. Lonestar Resources US Inc has a 1 year low of $3.41 and a 1 year high of $11.24.
Lonestar Resources US (NASDAQ:LONE) last announced its quarterly earnings data on Thursday, March 7th. The energy company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.13. The business had revenue of $57.89 million during the quarter, compared to the consensus estimate of $53.36 million. Lonestar Resources US had a net margin of 10.96% and a return on equity of 0.73%. Research analysts anticipate that Lonestar Resources US Inc will post 0.02 EPS for the current fiscal year.
In other news, CEO Frank D. Bracken III acquired 10,000 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was acquired at an average price of $4.42 per share, with a total value of $44,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel R. Lockwood acquired 11,650 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was purchased at an average cost of $4.27 per share, with a total value of $49,745.50. The disclosure for this purchase can be found here. 2.30% of the stock is owned by company insiders.
A number of brokerages recently commented on LONE. Zacks Investment Research downgraded shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a report on Wednesday, March 20th. ValuEngine raised shares of Lonestar Resources US from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. TheStreet raised shares of Lonestar Resources US from a “d” rating to a “c” rating in a report on Tuesday, March 12th. Cowen began coverage on shares of Lonestar Resources US in a report on Monday, February 4th. They issued an “outperform” rating for the company. Finally, Northland Securities reaffirmed a “buy” rating and issued a $10.00 price target on shares of Lonestar Resources US in a report on Wednesday, February 27th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $10.21.
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Lonestar Resources US Profile
Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties in Texas counties. Lonestar Resources US Inc was incorporated in 2015 and is headquartered in Fort Worth, Texas.
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