Frank D. Bracken III Purchases 10,000 Shares of Lonestar Resources US Inc (LONE) Stock

Lonestar Resources US Inc (NASDAQ:LONE) CEO Frank D. Bracken III acquired 10,000 shares of the stock in a transaction dated Thursday, April 11th. The stock was bought at an average price of $4.42 per share, for a total transaction of $44,200.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

LONE traded down $0.10 during mid-day trading on Friday, reaching $3.53. The stock had a trading volume of 165,864 shares, compared to its average volume of 139,657. The firm has a market capitalization of $87.45 million, a price-to-earnings ratio of -50.43 and a beta of 2.19. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.72 and a current ratio of 0.72. Lonestar Resources US Inc has a 52 week low of $3.41 and a 52 week high of $11.24.

Lonestar Resources US (NASDAQ:LONE) last announced its quarterly earnings data on Thursday, March 7th. The energy company reported $0.22 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.13. The firm had revenue of $57.89 million for the quarter, compared to analyst estimates of $53.36 million. Lonestar Resources US had a return on equity of 0.73% and a net margin of 10.96%. As a group, research analysts forecast that Lonestar Resources US Inc will post -0.18 EPS for the current year.

A number of equities research analysts recently commented on LONE shares. TheStreet upgraded Lonestar Resources US from a “d” rating to a “c” rating in a research report on Tuesday, March 12th. Zacks Investment Research lowered Lonestar Resources US from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th. ValuEngine upgraded Lonestar Resources US from a “sell” rating to a “hold” rating in a research report on Thursday, January 31st. Northland Securities restated a “buy” rating and set a $10.00 price target on shares of Lonestar Resources US in a research report on Wednesday, February 27th. Finally, Cowen started coverage on Lonestar Resources US in a research report on Monday, February 4th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Lonestar Resources US has an average rating of “Buy” and an average price target of $10.65.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. B. Riley Financial Inc. boosted its position in Lonestar Resources US by 80.3% in the 4th quarter. B. Riley Financial Inc. now owns 2,430,251 shares of the energy company’s stock valued at $8,870,000 after buying an additional 1,082,522 shares during the last quarter. Renaissance Technologies LLC boosted its position in Lonestar Resources US by 13.9% in the 3rd quarter. Renaissance Technologies LLC now owns 896,200 shares of the energy company’s stock valued at $6,981,000 after buying an additional 109,100 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Lonestar Resources US by 35.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 883,200 shares of the energy company’s stock valued at $3,224,000 after buying an additional 229,917 shares during the last quarter. Victory Capital Management Inc. boosted its position in Lonestar Resources US by 29.3% in the 1st quarter. Victory Capital Management Inc. now owns 458,726 shares of the energy company’s stock valued at $1,839,000 after buying an additional 103,900 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new position in Lonestar Resources US in the 3rd quarter valued at $3,399,000. Hedge funds and other institutional investors own 57.35% of the company’s stock.

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About Lonestar Resources US

Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties in Texas counties. Lonestar Resources US Inc was incorporated in 2015 and is headquartered in Fort Worth, Texas.

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