Shares of Rosehill Resources Inc (NASDAQ:ROSE) have earned an average recommendation of “Buy” from the eight analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $11.00.
A number of equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Rosehill Resources from a “sell” rating to a “hold” rating and set a $6.00 price objective for the company in a research note on Wednesday, October 24th. Stifel Nicolaus set a $10.00 price objective on shares of Rosehill Resources and gave the stock a “buy” rating in a research note on Sunday, December 23rd. Finally, Ifs Securities assumed coverage on shares of Rosehill Resources in a research note on Monday, October 29th. They set an “outperform” rating for the company.
Get Rosehill Resources alerts:Shares of Rosehill Resources stock traded down $0.03 during trading hours on Thursday, reaching $3.08. 43,511 shares of the company’s stock were exchanged, compared to its average volume of 91,379. Rosehill Resources has a fifty-two week low of $1.95 and a fifty-two week high of $9.44. The company has a debt-to-equity ratio of 7.83, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market cap of $137.15 million, a price-to-earnings ratio of -19.25 and a beta of 3.07.
In other news, CFO Robert Craig Owen bought 16,000 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were bought at an average cost of $3.85 per share, with a total value of $61,600.00. Following the acquisition, the chief financial officer now owns 302,057 shares in the company, valued at $1,162,919.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders bought 26,311 shares of company stock worth $90,484. 60.00% of the stock is owned by insiders.
Several hedge funds have recently modified their holdings of the company. Stratos Wealth Partners LTD. raised its holdings in shares of Rosehill Resources by 61.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 16,000 shares of the company’s stock valued at $36,000 after purchasing an additional 6,100 shares during the period. BlackRock Inc. raised its holdings in shares of Rosehill Resources by 10.7% in the 4th quarter. BlackRock Inc. now owns 112,775 shares of the company’s stock valued at $251,000 after purchasing an additional 10,928 shares during the period. Jane Street Group LLC bought a new stake in shares of Rosehill Resources in the 4th quarter valued at about $34,000. Corsair Capital Management L.P. bought a new stake in shares of Rosehill Resources in the 3rd quarter valued at about $110,000. Finally, Northern Trust Corp raised its holdings in shares of Rosehill Resources by 150.8% in the 4th quarter. Northern Trust Corp now owns 40,343 shares of the company’s stock valued at $90,000 after purchasing an additional 24,258 shares during the period. 15.78% of the stock is currently owned by institutional investors.
Rosehill Resources Company Profile
Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2017, its portfolio included 39 gross operated producing horizontal wells and 3 gross operated horizontal wells in the Northern Delaware Basin; and working interests in approximately 14,762 gross acres in the Northern and Southern Delaware Basin with an inventory of 530 gross operated and non-operated potential horizontal drilling locations.
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