Sanchez Energy Corp (NYSE:SN) was down 4.3% on Thursday . The stock traded as low as $3.91 and last traded at $3.74. Approximately 2,137,038 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 3,235,598 shares. The stock had previously closed at $3.91.

Several equities research analysts have recently weighed in on SN shares. Zacks Investment Research downgraded Sanchez Energy from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Piper Jaffray Companies reiterated a “hold” rating and issued a $8.00 price target on shares of Sanchez Energy in a report on Tuesday, January 9th. BMO Capital Markets set a $5.00 price target on Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, November 14th. SunTrust Banks reiterated a “hold” rating and issued a $5.00 price target on shares of Sanchez Energy in a report on Friday, October 20th. Finally, Northland Securities set a $6.00 price target on Sanchez Energy and gave the stock a “buy” rating in a report on Monday, December 11th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. Sanchez Energy has a consensus rating of “Hold” and a consensus target price of $7.77.

The firm has a market cap of $315.84, a price-to-earnings ratio of 76.60 and a beta of 1.54. The company has a debt-to-equity ratio of -3.72, a current ratio of 0.88 and a quick ratio of 0.88.

In other Sanchez Energy news, VP Gregory B. Kopel sold 7,960 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $5.61, for a total transaction of $44,655.60. Following the transaction, the vice president now directly owns 109,488 shares in the company, valued at approximately $614,227.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eduardo Augusto Sanchez sold 250,337 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $4.66, for a total value of $1,166,570.42. Following the transaction, the insider now owns 985,644 shares in the company, valued at $4,593,101.04. The disclosure for this sale can be found here. Insiders have sold a total of 605,022 shares of company stock worth $2,880,942 over the last 90 days. 14.70% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in SN. State Street Corp boosted its position in 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 acquiring an additional 2,446,795 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Sanchez Energy by 52.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,710,884 shares of the energy producer’s stock worth $9,085,000 after purchasing an additional 586,756 shares in the last quarter. Penn Capital Management Co. Inc. boosted its position in shares of Sanchez Energy by 81.0% in the 4th quarter. Penn Capital Management Co. Inc. now owns 1,280,826 shares of the energy producer’s stock worth $6,811,000 after purchasing an additional 573,043 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Sanchez Energy by 4.9% in the 2nd quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock worth $87,076,000 after purchasing an additional 569,664 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Sanchez Energy by 44.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock worth $8,804,000 after purchasing an additional 554,240 shares in the last quarter. 58.77% of the stock is currently owned by institutional investors and hedge funds.

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Sanchez Energy Company Profile

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.

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