Vanguard Natural Resources, LLC (NASDAQ:VNR) was downgraded by investment analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating in a note issued to investors on Monday.

Other analysts have also recently issued reports about the company. FBR & Co reissued a “hold” rating and issued a $1.50 target price on shares of Vanguard Natural Resources in a research report on Friday, July 29th. Zacks Investment Research cut Vanguard Natural Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. Vanguard Natural Resources presently has an average rating of “Hold” and a consensus price target of $7.84.

Shares of Vanguard Natural Resources (NASDAQ:VNR) traded down 10.5603% on Monday, reaching $1.0375. The company had a trading volume of 2,144,699 shares. The company’s 50-day moving average price is $1.40 and its 200 day moving average price is $1.55. The firm’s market capitalization is $136.39 million. Vanguard Natural Resources has a 52 week low of $1.03 and a 52 week high of $9.53.

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Vanguard Natural Resources (NASDAQ:VNR) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.11. During the same period last year, the firm earned ($0.07) EPS. On average, analysts expect that Vanguard Natural Resources will post $1.09 EPS for the current year.

Institutional investors have recently modified their holdings of the company. Barclays PLC increased its position in Vanguard Natural Resources by 109.7% in the second quarter. Barclays PLC now owns 108,804 shares of the company’s stock valued at $153,000 after buying an additional 1,235,980 shares during the last quarter. Arrow Investment Advisors LLC increased its position in Vanguard Natural Resources by 135.0% in the second quarter. Arrow Investment Advisors LLC now owns 439,829 shares of the company’s stock valued at $620,000 after buying an additional 252,681 shares during the last quarter. Airain ltd purchased a new position in Vanguard Natural Resources during the second quarter valued at $135,000. Tocqueville Asset Management L.P. increased its position in Vanguard Natural Resources by 22.4% in the second quarter. Tocqueville Asset Management L.P. now owns 399,815 shares of the company’s stock valued at $564,000 after buying an additional 73,200 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Vanguard Natural Resources by 6.5% in the first quarter. IFP Advisors Inc now owns 138,460 shares of the company’s stock valued at $202,000 after buying an additional 8,507 shares during the last quarter.

About Vanguard Natural Resources

Vanguard Natural Resources, LLC is focused on the acquisition and development of oil and natural gas properties in the United States. Through its operating subsidiaries, the Company owns properties, and oil and natural gas reserves primarily located in over 10 operating basins: the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming, and the Powder River Basin in Wyoming.

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