Capital Fund Management S.A. bought a new stake in Sanchez Energy Corporation (NYSE:SN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,256 shares of the energy producer’s stock, valued at approximately $174,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Century Capital Management LLC raised its stake in shares of Sanchez Energy Corporation by 6.8% during the 2nd quarter. Century Capital Management LLC now owns 332,937 shares of the energy producer’s stock valued at $2,390,000 after purchasing an additional 21,247 shares during the period. Alliancebernstein L.P. raised its stake in shares of Sanchez Energy Corporation by 79.5% during the 2nd quarter. Alliancebernstein L.P. now owns 117,575 shares of the energy producer’s stock valued at $844,000 after purchasing an additional 52,085 shares during the period. Franklin Resources Inc. raised its stake in shares of Sanchez Energy Corporation by 74.0% during the 2nd quarter. Franklin Resources Inc. now owns 54,942 shares of the energy producer’s stock valued at $394,000 after purchasing an additional 23,366 shares during the period. Schroder Investment Management Group raised its stake in shares of Sanchez Energy Corporation by 44.8% during the 2nd quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock valued at $13,504,000 after purchasing an additional 586,040 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Sanchez Energy Corporation by 39.6% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 78,135 shares of the energy producer’s stock valued at $561,000 after purchasing an additional 22,160 shares during the period. Hedge funds and other institutional investors own 69.98% of the company’s stock.

In other Sanchez Energy Corporation news, CAO Kirsten A. Hink sold 36,088 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $5.04, for a total transaction of $181,883.52. Following the sale, the chief accounting officer now directly owns 178,390 shares of the company’s stock, valued at $899,085.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Patricio D. Sanchez purchased 320,000 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were acquired at an average cost of $4.55 per share, for a total transaction of $1,456,000.00. Following the completion of the acquisition, the insider now owns 473,485 shares of the company’s stock, valued at $2,154,356.75. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 742,000 shares of company stock worth $3,379,220. Insiders own 14.70% of the company’s stock.

Sanchez Energy Corporation (NYSE:SN) opened at 4.60 on Thursday. Sanchez Energy Corporation has a 52-week low of $3.96 and a 52-week high of $14.39. The stock’s market capitalization is $352.56 million. The company’s 50-day moving average price is $4.57 and its 200 day moving average price is $6.87.

Sanchez Energy Corporation (NYSE:SN) last posted its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.18). The business had revenue of $175.70 million during the quarter, compared to analyst estimates of $178.97 million. The firm’s revenue for the quarter was up 58.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($3.20) earnings per share. Equities analysts forecast that Sanchez Energy Corporation will post ($0.85) EPS for the current fiscal year.

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A number of analysts recently issued reports on the company. Seaport Global Securities lowered Sanchez Energy Corporation from a “buy” rating to a “sell” rating and decreased their price objective for the company from $15.00 to $5.00 in a research note on Wednesday, June 21st. BMO Capital Markets reiterated a “hold” rating and set a $5.00 price objective on shares of Sanchez Energy Corporation in a research note on Tuesday, June 27th. Royal Bank Of Canada reiterated a “buy” rating and set a $10.00 price objective on shares of Sanchez Energy Corporation in a research note on Thursday, July 20th. Zacks Investment Research lowered Sanchez Energy Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, Capital One Financial Corporation lowered Sanchez Energy Corporation from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 26th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $11.71.

About Sanchez Energy Corporation

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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Institutional Ownership by Quarter for Sanchez Energy Corporation (NYSE:SN)

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