Parametric Portfolio Associates LLC lowered its stake in Sanchez Energy Corporation (NYSE:SN) by 19.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,241 shares of the energy producer’s stock after selling 30,014 shares during the period. Parametric Portfolio Associates LLC owned 0.16% of Sanchez Energy Corporation worth $899,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Legal & General Group Plc raised its holdings in shares of Sanchez Energy Corporation by 27.4% in the first quarter. Legal & General Group Plc now owns 17,348 shares of the energy producer’s stock worth $165,000 after buying an additional 3,733 shares during the last quarter. Capital Fund Management S.A. purchased a new position in shares of Sanchez Energy Corporation in the second quarter worth $174,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Sanchez Energy Corporation by 6.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock worth $182,000 after buying an additional 1,650 shares during the last quarter. Stonebridge Capital Management Inc. purchased a new position in shares of Sanchez Energy Corporation in the second quarter worth $186,000. Finally, HAP Trading LLC purchased a new position in shares of Sanchez Energy Corporation in the second quarter worth $211,000. 67.54% of the stock is owned by institutional investors and hedge funds.

Shares of Sanchez Energy Corporation (SN) opened at $4.99 on Friday. The company has a debt-to-equity ratio of -3.72, a current ratio of 0.88 and a quick ratio of 0.88. Sanchez Energy Corporation has a 52-week low of $3.58 and a 52-week high of $14.39.

A number of research analysts have issued reports on the stock. Capital One Financial Corporation cut shares of Sanchez Energy Corporation from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 26th. BidaskClub lowered shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Stifel Nicolaus set a $5.00 price objective on shares of Sanchez Energy Corporation and gave the stock a “hold” rating in a research note on Thursday, October 5th. Seaport Global Securities upgraded shares of Sanchez Energy Corporation from a “sell” rating to a “neutral” rating and set a $4.50 price objective on the stock in a research note on Wednesday, October 4th. Finally, J P Morgan Chase & Co initiated coverage on shares of Sanchez Energy Corporation in a research note on Friday, September 15th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Sanchez Energy Corporation has an average rating of “Hold” and an average price target of $10.44.

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In other news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of Sanchez Energy Corporation stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $4.27, for a total value of $70,450.73. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Patricio D. Sanchez bought 320,000 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was bought at an average price of $4.55 per share, for a total transaction of $1,456,000.00. Following the transaction, the insider now owns 473,485 shares of the company’s stock, valued at $2,154,356.75. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 742,000 shares of company stock worth $3,379,220. 14.70% of the stock is owned by company insiders.

About Sanchez Energy Corporation

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Institutional Ownership by Quarter for Sanchez Energy Corporation (NYSE:SN)

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