Shares of Bonanza Creek Energy, Inc. (NYSE:BCEI) have received a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $28.50.

A number of research firms have recently issued reports on BCEI. Zacks Investment Research cut shares of Bonanza Creek Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 9th. ValuEngine raised shares of Bonanza Creek Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. BidaskClub cut shares of Bonanza Creek Energy from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, KeyCorp reissued a “hold” rating on shares of Bonanza Creek Energy in a research report on Monday, November 13th.

In related news, major shareholder Whitebox Advisors Llc sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $31.59, for a total value of $9,477,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.57% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of BCEI. Bank of New York Mellon Corp raised its holdings in shares of Bonanza Creek Energy by 44.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 71,446 shares of the oil and gas producer’s stock worth $2,265,000 after acquiring an additional 21,823 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Bonanza Creek Energy in the 2nd quarter worth about $156,000. Alliancebernstein L.P. acquired a new stake in shares of Bonanza Creek Energy in the 2nd quarter worth about $764,000. Teachers Advisors LLC acquired a new stake in shares of Bonanza Creek Energy in the 2nd quarter worth about $1,457,000. Finally, TIAA CREF Investment Management LLC acquired a new stake in shares of Bonanza Creek Energy in the 2nd quarter worth about $3,308,000. Institutional investors own 91.17% of the company’s stock.

Bonanza Creek Energy (NYSE:BCEI) traded up $0.23 during mid-day trading on Friday, hitting $25.07. 40,716 shares of the stock were exchanged, compared to its average volume of 263,897. The company has a market cap of $508.07 and a PE ratio of -0.06. Bonanza Creek Energy has a one year low of $23.33 and a one year high of $40.60.

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Bonanza Creek Energy Company Profile

Bonanza Creek Energy, Inc (Bonanza Creek) is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas.

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