Lonestar Resources US Inc. (LONE) Director Henry Ellis Sells 4,286 Shares of Stock

Lonestar Resources US Inc. (NASDAQ:LONE) Director Henry Ellis sold 4,286 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $5.25, for a total transaction of $22,501.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Lonestar Resources US Inc. (LONE) opened at $4.78 on Wednesday. Lonestar Resources US Inc. has a 1-year low of $2.43 and a 1-year high of $7.49. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.88. The company has a market cap of $108.46, a price-to-earnings ratio of -0.57 and a beta of 0.61.

Lonestar Resources US (NASDAQ:LONE) last posted its quarterly earnings results on Monday, November 13th. The energy company reported ($0.12) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.23) by $0.11. Lonestar Resources US had a negative net margin of 112.78% and a negative return on equity of 33.12%. equities analysts anticipate that Lonestar Resources US Inc. will post -0.47 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. B. Riley Financial Inc. raised its holdings in Lonestar Resources US by 40.0% in the 3rd quarter. B. Riley Financial Inc. now owns 893,275 shares of the energy company’s stock worth $3,135,000 after purchasing an additional 255,174 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Lonestar Resources US by 29.2% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 333,993 shares of the energy company’s stock worth $1,172,000 after purchasing an additional 75,400 shares in the last quarter. Phoenix Investment Adviser LLC raised its holdings in Lonestar Resources US by 51.2% in the 3rd quarter. Phoenix Investment Adviser LLC now owns 282,299 shares of the energy company’s stock worth $991,000 after purchasing an additional 95,599 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Lonestar Resources US by 4.9% in the 3rd quarter. Victory Capital Management Inc. now owns 965,689 shares of the energy company’s stock worth $3,390,000 after purchasing an additional 44,980 shares in the last quarter. Finally, Northpointe Capital LLC raised its holdings in Lonestar Resources US by 4.7% in the 3rd quarter. Northpointe Capital LLC now owns 1,507,613 shares of the energy company’s stock worth $5,292,000 after purchasing an additional 68,140 shares in the last quarter. Institutional investors and hedge funds own 47.74% of the company’s stock.

A number of equities research analysts recently commented on LONE shares. Cowen reiterated a “buy” rating and set a $7.00 price target on shares of Lonestar Resources US in a report on Thursday, September 28th. Zacks Investment Research lowered shares of Lonestar Resources US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. Northland Securities set a $7.00 price target on shares of Lonestar Resources US and gave the company a “buy” rating in a report on Monday, December 11th. Roth Capital set a $7.00 price target on shares of Lonestar Resources US and gave the company a “buy” rating in a report on Thursday, December 21st. Finally, ValuEngine upgraded shares of Lonestar Resources US from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $7.81.

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About Lonestar Resources US

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

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