Rosehill Resources (NASDAQ:ROSE) Director Harry Quarls acquired 6,700 shares of Rosehill Resources stock in a transaction dated Thursday, May 17th. The shares were bought at an average cost of $8.15 per share, with a total value of $54,605.00. Following the transaction, the director now owns 53,189 shares in the company, valued at $433,490.35. The purchase was disclosed in a filing with the SEC, which is available through this link.
Harry Quarls also recently made the following trade(s):
Get Rosehill Resources alerts: On Monday, May 21st, Harry Quarls acquired 10,000 shares of Rosehill Resources stock. The shares were bought at an average cost of $8.11 per share, with a total value of $81,100.00.Shares of Rosehill Resources traded up $0.06, reaching $8.05, during trading hours on Monday, according to Marketbeat.com. The stock had a trading volume of 43,600 shares, compared to its average volume of 29,936. Rosehill Resources has a 12 month low of $5.52 and a 12 month high of $10.84. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 6.17. The stock has a market cap of $287.87 million, a P/E ratio of -50.31 and a beta of 1.36.
Rosehill Resources (NASDAQ:ROSE) last issued its earnings results on Monday, May 14th. The company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $2.06. Rosehill Resources had a return on equity of 69.29% and a net margin of 5.62%. The company had revenue of $55.79 million for the quarter, compared to analysts’ expectations of $49.80 million. analysts expect that Rosehill Resources will post 1.13 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC lifted its holdings in shares of Rosehill Resources by 61.4% in the 1st quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock worth $109,000 after purchasing an additional 7,075 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Rosehill Resources by 5.2% in the 1st quarter. Wells Fargo & Company MN now owns 155,546 shares of the company’s stock worth $913,000 after purchasing an additional 7,738 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Rosehill Resources by 12.6% in the 4th quarter. BlackRock Inc. now owns 131,055 shares of the company’s stock worth $1,031,000 after purchasing an additional 14,619 shares in the last quarter. Geode Capital Management LLC bought a new position in shares of Rosehill Resources in the 4th quarter worth $406,000. Finally, Quantum Capital Management lifted its holdings in shares of Rosehill Resources by 130.1% in the 1st quarter. Quantum Capital Management now owns 214,442 shares of the company’s stock worth $1,259,000 after purchasing an additional 121,233 shares in the last quarter. Institutional investors own 5.42% of the company’s stock.
Several analysts have recently commented on ROSE shares. ValuEngine raised shares of Rosehill Resources from a “strong sell” rating to a “sell” rating in a research report on Wednesday, April 18th. Eurobank EFG started coverage on shares of Rosehill Resources in a research report on Tuesday, March 6th. They set a “buy” rating and a $12.00 price objective for the company. B. Riley started coverage on shares of Rosehill Resources in a research report on Monday, February 5th. They set a “buy” rating and a $9.50 price objective for the company. Finally, Zacks Investment Research downgraded shares of Rosehill Resources from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $11.13.
About Rosehill Resources
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, 2016, it operated 20 horizontal and 1 vertical wells in the Permian Basin; and 18 vertical and 21 horizontal wells in the Barnett Shale in the Fort Worth Basin.
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