Northland Securities set a $6.00 price objective on Sanchez Energy (NYSE:SN) in a report published on Monday morning. The firm currently has a buy rating on the energy producer’s stock.

Other analysts have also issued research reports about the company. BMO Capital Markets set a $5.00 price objective on Sanchez Energy and gave the company a hold rating in a research note on Tuesday, November 14th. Piper Jaffray Companies reissued a hold rating and set a $6.00 price objective on shares of Sanchez Energy in a research note on Sunday, October 22nd. Zacks Investment Research lowered Sanchez Energy from a buy rating to a hold rating in a research note on Saturday, October 21st. SunTrust Banks reissued a hold rating and set a $5.00 price objective on shares of Sanchez Energy in a research note on Friday, October 20th. Finally, Stifel Nicolaus set a $5.00 price target on Sanchez Energy and gave the stock a hold rating in a research note on Thursday, October 5th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Sanchez Energy currently has an average rating of Hold and an average target price of $9.37.

Sanchez Energy (NYSE SN) opened at $4.63 on Monday. Sanchez Energy has a 52-week low of $3.58 and a 52-week high of $14.39. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72.

In related news, insider Patricio D. Sanchez purchased 320,000 shares of Sanchez Energy stock in a transaction dated Friday, September 15th. The stock was purchased 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 directly owns 473,485 shares of the company’s stock, valued at $2,154,356.75. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Howard J. Sr Thill, Sr. sold 16,499 shares of the firm’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $4.27, for a total value of $70,450.73. The disclosure for this sale can be found here. 14.70% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Sanchez Energy by 4.9% in the 2nd quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock worth $87,076,000 after buying an additional 569,664 shares in the last quarter. State Street Corp increased its holdings in Sanchez Energy by 50.0% in the 2nd quarter. State Street Corp now owns 7,343,314 shares of the energy producer’s stock worth $52,727,000 after buying an additional 2,446,795 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in Sanchez Energy in the 2nd quarter worth about $32,388,000. Schroder Investment Management Group increased its holdings in Sanchez Energy by 44.8% in the 2nd quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock worth $13,504,000 after buying an additional 586,040 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Sanchez Energy by 44.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock worth $8,804,000 after buying an additional 554,240 shares in the last quarter. Hedge funds and other institutional investors own 59.48% of the company’s stock.

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Sanchez Energy Company Profile

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.

Analyst Recommendations for Sanchez Energy (NYSE:SN)

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