Monarch Partners Asset Management LLC Has $525,000 Stock Holdings in Lonestar Resources US Inc (NASDAQ:LONE)

Monarch Partners Asset Management LLC increased its holdings in shares of Lonestar Resources US Inc (NASDAQ:LONE) by 38.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,951 shares of the energy company’s stock after buying an additional 53,810 shares during the period. Monarch Partners Asset Management LLC’s holdings in Lonestar Resources US were worth $525,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC acquired a new stake in Lonestar Resources US during the 2nd quarter worth approximately $27,000. GSA Capital Partners LLP boosted its position in Lonestar Resources US by 27.8% during the 2nd quarter. GSA Capital Partners LLP now owns 36,369 shares of the energy company’s stock worth $83,000 after buying an additional 7,915 shares during the period. Marshall Wace LLP acquired a new stake in Lonestar Resources US during the 1st quarter worth approximately $178,000. Raffles Associates LP boosted its position in Lonestar Resources US by 129.0% during the 2nd quarter. Raffles Associates LP now owns 114,476 shares of the energy company’s stock worth $262,000 after buying an additional 64,476 shares during the period. Finally, BlackRock Inc. boosted its position in Lonestar Resources US by 113.2% during the 2nd quarter. BlackRock Inc. now owns 427,909 shares of the energy company’s stock worth $979,000 after buying an additional 227,192 shares during the period. Institutional investors and hedge funds own 55.10% of the company’s stock.

Several equities research analysts recently commented on LONE shares. ValuEngine upgraded shares of Lonestar Resources US from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Seaport Global Securities downgraded shares of Lonestar Resources US from a “buy” rating to a “neutral” rating in a research report on Thursday, October 10th. Finally, Zacks Investment Research upgraded shares of Lonestar Resources US from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a research report on Tuesday, October 29th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Lonestar Resources US presently has a consensus rating of “Buy” and a consensus price target of $7.44.

Lonestar Resources US stock traded up $0.06 during mid-day trading on Friday, hitting $2.79. 96,200 shares of the stock were exchanged, compared to its average volume of 136,336. The stock has a market capitalization of $69.31 million, a price-to-earnings ratio of -39.86 and a beta of 1.94. The firm’s fifty day simple moving average is $2.59 and its two-hundred day simple moving average is $2.76. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 2.57. Lonestar Resources US Inc has a 12 month low of $1.93 and a 12 month high of $7.70.

About Lonestar Resources US

Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties that cover an area of 57,491 net acres in Texas counties.

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Institutional Ownership by Quarter for Lonestar Resources US (NASDAQ:LONE)

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