Trade Report: The Vanguard Natural Resources, LLC (VNR) Downgraded by Ladenburg Thalmann

The Vanguard Natural Resources, LLC (VNR) Downgraded by Ladenburg Thalmann

Ladenburg Thalmann cut shares of Vanguard Natural Resources, LLC (NASDAQ:VNR) from a neutral rating to a sell rating in a research report report published on Tuesday morning.

A number of other research firms have also commented on VNR. FBR & Co reissued a hold rating and issued a $1.50 target price on shares of Vanguard Natural Resources in a report on Friday, July 29th. Zacks Investment Research lowered Vanguard Natural Resources from a buy rating to a hold rating in a report on Wednesday, August 3rd. Stifel Nicolaus lowered Vanguard Natural Resources from a hold rating to a sell rating in a report on Monday, September 19th. Hilliard Lyons lowered Vanguard Natural Resources from a buy rating to a neutral rating in a report on Monday, September 26th. Finally, Raymond James Financial Inc. lowered Vanguard Natural Resources from a market perform rating to an underperform rating in a report on Monday, October 3rd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. Vanguard Natural Resources has an average rating of Hold and a consensus price target of $7.84.

Vanguard Natural Resources (NASDAQ:VNR) opened at 0.5796 on Tuesday. The firm has a 50-day moving average price of $1.16 and a 200-day moving average price of $1.44. The company’s market capitalization is $76.19 million. Vanguard Natural Resources has a 52 week low of $0.51 and a 52 week high of $9.25.

Vanguard Natural Resources (NASDAQ:VNR) last posted its earnings results on Thursday, July 28th. The company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.11. During the same period in the prior year, the business posted ($0.07) earnings per share. Analysts anticipate that Vanguard Natural Resources will post $1.09 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. State Street Corp increased its position in Vanguard Natural Resources by 3.9% in the first quarter. State Street Corp now owns 73,642 shares of the company’s stock valued at $107,000 after buying an additional 2,756 shares during the period. Airain ltd acquired a new position in shares of Vanguard Natural Resources during the second quarter valued at approximately $135,000. Barclays PLC increased its position in shares of Vanguard Natural Resources by 109.7% in the second quarter. Barclays PLC now owns 108,804 shares of the company’s stock valued at $153,000 after buying an additional 1,235,980 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Vanguard Natural Resources by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 118,677 shares of the company’s stock valued at $167,000 after buying an additional 1,386 shares during the last quarter. Finally, IFP Advisors Inc increased its position in shares of Vanguard Natural Resources by 6.5% in the first quarter. IFP Advisors Inc now owns 138,460 shares of the company’s stock valued at $202,000 after buying an additional 8,507 shares during the last quarter.

About Vanguard Natural Resources

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