Dimensional Fund Advisors LP lowered its stake in shares of Jones Energy, Inc. (NYSE:JONE) by 7.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 244,803 shares of the oil and gas producer’s stock after selling 19,426 shares during the period. Dimensional Fund Advisors LP owned approximately 0.37% of Jones Energy worth $392,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Penn Capital Management Co. Inc. raised its position in shares of Jones Energy by 9.5% during the second quarter. Penn Capital Management Co. Inc. now owns 1,502,361 shares of the oil and gas producer’s stock valued at $2,404,000 after buying an additional 130,842 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Jones Energy by 30.7% during the first quarter. Geode Capital Management LLC now owns 494,884 shares of the oil and gas producer’s stock valued at $1,261,000 after buying an additional 116,385 shares during the last quarter. Goodman Financial Corp raised its position in shares of Jones Energy by 12.6% during the second quarter. Goodman Financial Corp now owns 1,707,549 shares of the oil and gas producer’s stock valued at $2,732,000 after buying an additional 191,622 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of Jones Energy by 11.1% during the first quarter. Parametric Portfolio Associates LLC now owns 41,601 shares of the oil and gas producer’s stock valued at $106,000 after buying an additional 4,170 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Jones Energy by 8.7% during the first quarter. California Public Employees Retirement System now owns 318,397 shares of the oil and gas producer’s stock valued at $812,000 after buying an additional 25,597 shares during the last quarter. 59.41% of the stock is owned by institutional investors and hedge funds.

In related news, major shareholder Metalmark Capital Ii Llc sold 62,981 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $1.01, for a total value of $63,610.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 3,239,891 shares of company stock valued at $4,172,754 in the last three months. Company insiders own 37.20% of the company’s stock.

Jones Energy, Inc. (NYSE:JONE) traded down $0.05 during trading hours on Wednesday, reaching $0.97. 1,078,700 shares of the company traded hands, compared to its average volume of 1,154,606. Jones Energy, Inc. has a 52-week low of $0.85 and a 52-week high of $5.34. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.56 and a quick ratio of 0.56.

A number of research analysts have recently commented on JONE shares. ValuEngine raised shares of Jones Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Zacks Investment Research raised shares of Jones Energy from a “hold” rating to a “buy” rating and set a $2.00 price objective for the company in a research report on Wednesday, October 4th. Stephens lowered shares of Jones Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, November 8th. Finally, Barclays cut their price objective on shares of Jones Energy from $1.50 to $0.50 and set an “underweight” rating for the company in a research report on Monday, November 20th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $3.75.

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About Jones Energy

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

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Institutional Ownership by Quarter for Jones Energy (NYSE:JONE)

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