Sanchez Energy Corp (NYSE:SN) has earned an average rating of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $9.75.

A number of research firms recently issued reports on SN. J P Morgan Chase & Co downgraded shares of Sanchez Energy from a “neutral” rating to an “underweight” rating in a research report on Friday. Northland Securities set a $6.00 target price on shares of Sanchez Energy and gave the stock a “buy” rating in a research report on Monday, December 11th. BMO Capital Markets set a $5.00 target price on shares of Sanchez Energy and gave the stock a “hold” rating in a research report on Tuesday, November 14th. Piper Jaffray Companies reissued a “hold” rating and set a $6.00 target price on shares of Sanchez Energy in a research report on Sunday, October 22nd. Finally, Zacks Investment Research downgraded shares of Sanchez Energy from a “buy” rating to a “hold” rating in a research report on Saturday, October 21st.

Shares of Sanchez Energy (SN) opened at $4.42 on Friday. Sanchez Energy has a 1 year low of $3.58 and a 1 year high of $14.39. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72.

In other Sanchez Energy news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of the stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $4.27, for a total value of $70,450.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 14.70% of the stock is owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Sanchez Energy by 4.9% during the 2nd 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 during the last quarter. State Street Corp boosted its stake in shares of Sanchez Energy by 50.0% during the 2nd 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 during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Sanchez Energy during the 2nd quarter valued at approximately $32,388,000. Schroder Investment Management Group boosted its stake in shares of Sanchez Energy by 44.8% during the 2nd 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 during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Sanchez Energy by 44.9% during the 3rd 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 during the last quarter. Institutional investors own 59.48% of the company’s stock.

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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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