Jones Energy, Inc. (NYSE:JONE) shares fell 5.4% during trading on Tuesday . The stock traded as low as $0.86 and last traded at $0.87. 618,300 shares were traded during mid-day trading, a decline of 48% from the average session volume of 1,183,604 shares. The stock had previously closed at $0.92.

Several brokerages recently weighed in on JONE. Zacks Investment Research cut shares of Jones Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 25th. Stephens cut shares of Jones Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, November 8th. J P Morgan Chase & Co cut shares of Jones Energy from a “neutral” rating to an “underweight” rating in a report on Friday. Barclays reduced their target price on shares of Jones Energy from $1.50 to $0.50 and set an “underweight” rating on the stock in a report on Monday, November 20th. Finally, ValuEngine cut shares of Jones Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, December 9th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. Jones Energy has a consensus rating of “Hold” and an average price target of $3.75.

The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.07.

In other Jones Energy news, major shareholder Metalmark Capital Ii Llc sold 143,081 shares of the business’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $1.62, for a total transaction of $231,791.22. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 3,239,891 shares of company stock worth $4,172,754 over the last 90 days. Insiders own 37.20% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. boosted its position in shares of Jones Energy by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 222,567 shares of the oil and gas producer’s stock worth $357,000 after buying an additional 1,328 shares in the last quarter. TIAA CREF Investment Management LLC boosted its position in shares of Jones Energy by 2.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 154,222 shares of the oil and gas producer’s stock worth $247,000 after buying an additional 3,983 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Jones Energy by 8.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 264,229 shares of the oil and gas producer’s stock worth $674,000 after buying an additional 21,223 shares in the last quarter. State Street Corp boosted its position in shares of Jones Energy by 2.7% in the 2nd quarter. State Street Corp now owns 1,000,217 shares of the oil and gas producer’s stock worth $1,603,000 after buying an additional 26,539 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Jones Energy by 4.6% in the 2nd quarter. Northern Trust Corp now owns 735,081 shares of the oil and gas producer’s stock valued at $1,176,000 after purchasing an additional 32,093 shares during the last quarter. Institutional investors and hedge funds own 59.30% of the company’s stock.

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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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