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

Several other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded Vanguard Natural Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. FBR & Co reiterated a “hold” rating and set a $1.50 target price on shares of Vanguard Natural Resources in a research report on Thursday, July 7th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. Vanguard Natural Resources currently has an average rating of “Hold” and a consensus target price of $7.84.

Shares of Vanguard Natural Resources (NASDAQ:VNR) traded down 5.56% during mid-day trading on Monday, reaching $1.02. The company had a trading volume of 538,579 shares. Vanguard Natural Resources has a one year low of $1.01 and a one year high of $9.53. The stock’s market capitalization is $134.09 million. The firm has a 50 day moving average of $1.37 and a 200-day moving average of $1.54.

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Vanguard Natural Resources (NASDAQ:VNR) last released its earnings results on Thursday, July 28th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.11. During the same period in the previous year, the company earned ($0.07) EPS. Analysts forecast that Vanguard Natural Resources will post $1.09 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the company. State Street Corp increased its stake in Vanguard Natural Resources by 3.9% in the first quarter. State Street Corp now owns 73,642 shares of the company’s stock worth $107,000 after buying an additional 2,756 shares in the last quarter. Airain ltd purchased a new stake in Vanguard Natural Resources during the second quarter worth approximately $135,000. Barclays PLC increased its stake in Vanguard Natural Resources by 109.7% in the second quarter. Barclays PLC now owns 108,804 shares of the company’s stock worth $153,000 after buying an additional 1,235,980 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Vanguard Natural Resources by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 118,677 shares of the company’s stock worth $167,000 after buying an additional 1,386 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in Vanguard Natural Resources by 6.5% in the first quarter. IFP Advisors Inc now owns 138,460 shares of the company’s stock worth $202,000 after buying an additional 8,507 shares in 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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