Sanchez Energy (NYSE:SN) was downgraded by investment analysts at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating in a report issued on Friday, Marketbeat reports.

Several other equities analysts also recently weighed in on the stock. BMO Capital Markets set a $5.00 target price on shares of Sanchez Energy and gave the company a “hold” rating in a report on Tuesday, November 14th. ValuEngine downgraded shares of Sanchez Energy from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Northland Securities set a $6.00 target price on shares of Sanchez Energy and gave the company a “buy” rating in a report on Monday. Piper Jaffray Companies restated a “hold” rating and set a $6.00 target price on shares of Sanchez Energy in a report on Sunday, October 22nd. Finally, Zacks Investment Research upgraded shares of Sanchez Energy from a “hold” rating to a “buy” rating and set a $4.75 target price for the company in a report on Thursday, October 19th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. Sanchez Energy currently has an average rating of “Hold” and a consensus target price of $9.37.

Shares of Sanchez Energy (NYSE SN) traded down $0.11 on Friday, hitting $4.42. 4,861,877 shares of the stock were exchanged, compared to its average volume of 3,593,685. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72. Sanchez Energy has a 1-year low of $3.58 and a 1-year high of $14.39.

In other news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of Sanchez Energy stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $4.27, for a total transaction of $70,450.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 14.70% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SN. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Sanchez Energy in the second quarter worth approximately $32,388,000. State Street Corp lifted its position in Sanchez Energy by 50.0% during the second quarter. State Street Corp now owns 7,343,314 shares of the energy producer’s stock valued at $52,727,000 after buying an additional 2,446,795 shares in the last quarter. Schroder Investment Management Group lifted its position in Sanchez Energy by 44.8% during the second quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock valued at $13,504,000 after buying an additional 586,040 shares in the last quarter. Vanguard Group Inc. lifted its position in Sanchez Energy by 4.9% during the second quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock valued at $87,076,000 after buying an additional 569,664 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Sanchez Energy by 44.9% during the third quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock valued at $8,804,000 after buying an additional 554,240 shares in the last quarter. 59.48% of the stock is currently owned by institutional investors and hedge funds.

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About Sanchez Energy

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy (NYSE:SN)

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