Victory Capital Management Inc. boosted its holdings in shares of Lonestar Resources US Inc. (NASDAQ:LONE) by 25.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 920,709 shares of the energy company’s stock after buying an additional 183,904 shares during the quarter. Victory Capital Management Inc. owned 4.22% of Lonestar Resources US worth $3,959,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Phoenix Investment Adviser LLC lifted its holdings in Lonestar Resources US by 85.8% during the 2nd quarter. Phoenix Investment Adviser LLC now owns 186,700 shares of the energy company’s stock worth $803,000 after buying an additional 86,204 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in Lonestar Resources US by 54.4% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 258,593 shares of the energy company’s stock worth $1,308,000 after buying an additional 91,100 shares in the last quarter. Dialectic Capital Management LP lifted its holdings in Lonestar Resources US by 17.5% during the 1st quarter. Dialectic Capital Management LP now owns 623,261 shares of the energy company’s stock worth $3,154,000 after buying an additional 92,971 shares in the last quarter. Finally, Northpointe Capital LLC lifted its holdings in Lonestar Resources US by 21.0% during the 2nd quarter. Northpointe Capital LLC now owns 1,439,473 shares of the energy company’s stock worth $6,190,000 after buying an additional 249,479 shares in the last quarter. Institutional investors own 56.05% of the company’s stock.

In other Lonestar Resources US news, Director Stephen H. Oglesby acquired 10,000 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was bought at an average cost of $3.10 per share, for a total transaction of $31,000.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at $31,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have acquired 22,200 shares of company stock valued at $66,836. 3.60% of the stock is owned by insiders.

A number of research firms have issued reports on LONE. Roth Capital reduced their target price on shares of Lonestar Resources US from $15.00 to $9.00 and set a “buy” rating on the stock in a report on Thursday, July 20th. Seaport Global Securities lowered shares of Lonestar Resources US from a “buy” rating to a “neutral” rating and set a $3.25 target price on the stock. in a report on Wednesday, June 21st. Zacks Investment Research upgraded shares of Lonestar Resources US from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Wunderlich increased their target price on shares of Lonestar Resources US from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, May 31st. Finally, ValuEngine lowered shares of Lonestar Resources US from a “sell” rating to a “strong sell” rating in a report on Friday, July 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $8.28.

Shares of Lonestar Resources US Inc. (NASDAQ LONE) opened at 3.28 on Friday. The firm’s 50-day moving average is $3.37 and its 200-day moving average is $4.33. Lonestar Resources US Inc. has a 12-month low of $2.43 and a 12-month high of $13.12. The firm’s market capitalization is $71.58 million.

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Lonestar Resources US Company Profile

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

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

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