Shares of Vanguard Natural Resources, LLC (NASDAQ:VNR) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are covering the firm. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $9.47.

A number of research firms have recently weighed in on VNR. Zacks Investment Research cut Vanguard Natural Resources from a “buy” rating to a “hold” rating in a report on Wednesday, August 3rd. FBR & Co reissued a “hold” rating and issued a $1.50 price target on shares of Vanguard Natural Resources in a report on Friday, July 29th. Raymond James Financial Inc. cut Vanguard Natural Resources from a “market perform” rating to an “underperform” rating in a report on Monday, October 3rd. Ladenburg Thalmann cut Vanguard Natural Resources from a “neutral” rating to a “sell” rating in a report on Tuesday, October 4th. Finally, Hilliard Lyons cut Vanguard Natural Resources from a “buy” rating to a “neutral” rating in a report on Monday, September 26th.

Shares of Vanguard Natural Resources (NASDAQ:VNR) traded up 2.6450% during trading on Tuesday, hitting $0.5239. The stock had a trading volume of 430,004 shares. Vanguard Natural Resources has a 12-month low of $0.46 and a 12-month high of $9.17. The firm’s market cap is $68.87 million. The stock has a 50-day moving average of $1.00 and a 200 day moving average of $1.40.

Vanguard Natural Resources (NASDAQ:VNR) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.11. During the same period last year, the firm earned ($0.07) earnings per share. On average, analysts predict that Vanguard Natural Resources will post $1.09 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the company. Barclays PLC raised its stake in shares of Vanguard Natural Resources by 109.7% in the second quarter. Barclays PLC now owns 108,804 shares of the company’s stock valued at $153,000 after buying an additional 1,235,980 shares in the last quarter. Arrow Investment Advisors LLC raised its stake in shares of Vanguard Natural Resources by 135.0% in the second quarter. Arrow Investment Advisors LLC now owns 439,829 shares of the company’s stock valued at $620,000 after buying an additional 252,681 shares in the last quarter. Airain ltd purchased a new stake in shares of Vanguard Natural Resources during the second quarter valued at approximately $135,000. Tocqueville Asset Management L.P. raised its stake in shares of Vanguard Natural Resources by 22.4% in the second quarter. Tocqueville Asset Management L.P. now owns 399,815 shares of the company’s stock valued at $564,000 after buying an additional 73,200 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Vanguard Natural Resources by 70.2% in the third quarter. Creative Planning now owns 130,376 shares of the company’s stock valued at $118,000 after buying an additional 53,792 shares in the last quarter.

About Vanguard Natural Resources

Vanguard Natural Resources, LLC is focused on the acquisition and development of oil and natural gas properties in the United States. Through its operating subsidiaries, the Company owns properties, and oil and natural gas reserves primarily located in over 10 operating basins: the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming, and the Powder River Basin in Wyoming.

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