Hotchkis & Wiley Capital Management LLC Buys 75,400 Shares of Lonestar Resources US Inc. (NASDAQ:LONE)

Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Lonestar Resources US Inc. (NASDAQ:LONE) by 29.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 333,993 shares of the energy company’s stock after buying an additional 75,400 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 1.53% of Lonestar Resources US worth $1,172,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in LONE. B. Riley Financial Inc. bought a new stake in shares of Lonestar Resources US in the second quarter valued at $2,744,000. Northpointe Capital LLC raised its stake in shares of Lonestar Resources US by 21.0% in the second quarter. Northpointe Capital LLC now owns 1,439,473 shares of the energy company’s stock valued at $6,190,000 after buying an additional 249,479 shares during the period. Victory Capital Management Inc. raised its stake in shares of Lonestar Resources US by 25.0% in the second quarter. Victory Capital Management Inc. now owns 920,709 shares of the energy company’s stock valued at $3,959,000 after buying an additional 183,904 shares during the period. Phoenix Investment Adviser LLC raised its stake in shares of Lonestar Resources US by 51.2% in the third quarter. Phoenix Investment Adviser LLC now owns 282,299 shares of the energy company’s stock valued at $991,000 after buying an additional 95,599 shares during the period. Finally, Susquehanna International Group LLP bought a new stake in shares of Lonestar Resources US in the second quarter valued at $242,000. 47.74% of the stock is currently owned by institutional investors.

A number of analysts recently issued reports on LONE shares. Zacks Investment Research upgraded Lonestar Resources US from a “hold” rating to a “strong-buy” rating and set a $3.50 price objective on the stock in a research note on Tuesday, August 22nd. Roth Capital set a $9.00 target price on Lonestar Resources US and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Finally, Cowen restated a “buy” rating and set a $7.00 target price on shares of Lonestar Resources US in a research report on Thursday, September 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $8.06.

Lonestar Resources US Inc. (NASDAQ:LONE) opened at $3.41 on Monday. Lonestar Resources US Inc. has a 52-week low of $2.43 and a 52-week high of $8.81. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.88.

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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.

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

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