Jones Energy Inc Institutional Investor Sentiment Worsened in Q1 2018

June 17, 2018 - By Vivian Currie

Sentiment for Jones Energy Inc (NYSE:JONE)

Jones Energy Inc (NYSE:JONE) institutional sentiment decreased to 0.93 in Q1 2018. Its down -0.48, from 1.41 in 2017Q4. The ratio dropped, as 26 funds opened new or increased equity positions, while 28 sold and reduced holdings in Jones Energy Inc. The funds in our partner’s database now own: 59.82 million shares, up from 58.00 million shares in 2017Q4. Also, the number of funds holding Jones Energy Inc in their top 10 equity positions increased from 2 to 3 for an increase of 1. Sold All: 9 Reduced: 19 Increased: 18 New Position: 8.

Jones Energy, Inc., an independent oil and gas company, acquires, explores for, develops, and produces oil and natural gas properties in the mid-continent region of the United States. The company has market cap of $39.51 million. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko and Arkoma basins in Texas and Oklahoma. It currently has negative earnings. As of December 31, 2015, the companyÂ’s total estimated proved reserves included 105.2 million barrels of oil equivalent.

The stock increased 1.10% or $0.0042 during the last trading session, reaching $0.3843. About 1.05M shares traded. Jones Energy, Inc. (NYSE:JONE) has declined 78.18% since June 17, 2017 and is downtrending. It has underperformed by 90.75% the S&P500.

Analysts await Jones Energy, Inc. (NYSE:JONE) to report earnings on August, 2. They expect $-0.28 EPS, down 333.33 % or $0.40 from last year’s $0.12 per share. After $-0.32 actual EPS reported by Jones Energy, Inc. for the previous quarter, Wall Street now forecasts -12.50 % EPS growth.

Q Global Advisors Llc holds 7.66% of its portfolio in Jones Energy, Inc. for 4.85 million shares. Jvl Advisors L.L.C. owns 17.87 million shares or 6.81% of their US portfolio. Moreover, Goodman Financial Corp has 0.75% invested in the company for 2.00 million shares. The California-based Cambrian Capital Limited Partnership has invested 0.67% in the stock. Fir Tree Capital Management Lp, a New York-based fund reported 6.14 million shares.

Jones Energy, Inc. (NYSE:JONE) Ratings Coverage

Ratings analysis reveals 0 of Jones Energy Inc’s analysts are positive. Out of 3 Wall Street analysts rating Jones Energy Inc, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. JONE was included in 3 notes of analysts from January 2, 2018. The stock of Jones Energy, Inc. (NYSE:JONE) earned “Hold” rating by SunTrust on Tuesday, January 2. Suntrust Robinson downgraded the shares of JONE in report on Tuesday, January 2 to “Hold” rating. The company was maintained on Tuesday, March 13 by Stephens.

Jones Energy, Inc. (NYSE:JONE) Institutional Positions Chart

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