Vanguard Natural Resources, LLC (NASDAQ:VNR) has received an average rating of “Hold” from the thirteen research firms that are currently covering the stock. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $9.47.

VNR has been the subject of a number of research reports. Hilliard Lyons downgraded Vanguard Natural Resources from a “buy” rating to a “neutral” rating in a research note on Monday, September 26th. Stifel Nicolaus downgraded Vanguard Natural Resources from a “hold” rating to a “sell” rating in a research note on Monday, September 19th. Zacks Investment Research downgraded Vanguard Natural Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. Ladenburg Thalmann downgraded Vanguard Natural Resources from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 4th. Finally, Raymond James Financial Inc. downgraded Vanguard Natural Resources from a “market perform” rating to an “underperform” rating in a research note on Monday, October 3rd.

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Several large investors have recently added to or reduced their stakes in VNR. JPMorgan Chase & Co. boosted its stake in Vanguard Natural Resources by 290,677.0% in the third quarter. JPMorgan Chase & Co. now owns 872,331 shares of the company’s stock worth $788,000 after buying an additional 872,031 shares during the period. Arrow Investment Advisors LLC boosted its stake in Vanguard Natural Resources by 38.1% in the third quarter. Arrow Investment Advisors LLC now owns 607,437 shares of the company’s stock worth $549,000 after buying an additional 167,608 shares during the period. Tocqueville Asset Management L.P. boosted its stake in 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 worth $564,000 after buying an additional 73,200 shares during the period. KCG Holdings Inc. acquired a new stake in Vanguard Natural Resources during the third quarter worth $175,000. Finally, Creative Planning boosted its stake in Vanguard Natural Resources by 70.2% in the third quarter. Creative Planning now owns 130,376 shares of the company’s stock worth $118,000 after buying an additional 53,792 shares during the period.

Vanguard Natural Resources (NASDAQ:VNR) opened at 0.5529 on Wednesday. Vanguard Natural Resources has a 52-week low of $0.46 and a 52-week high of $6.07. The firm’s market cap is $72.68 million. The firm’s 50-day moving average price is $0.61 and its 200 day moving average price is $1.19.

Vanguard Natural Resources (NASDAQ:VNR) last posted its quarterly earnings results on Tuesday, November 8th. The company reported $0.26 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.04. During the same period last year, the company earned $0.02 earnings per share. On average, equities analysts anticipate that Vanguard Natural Resources will post $1.46 earnings per share for the current year.

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.

5 Day Chart for NASDAQ:VNR

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