Stifel Nicolaus began coverage on shares of Rosehill Resources Inc Class A (NASDAQ:ROSE) in a research report sent to investors on Thursday, August 23rd, Marketbeat reports. The firm issued a buy rating and a $14.00 price objective on the stock.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research downgraded Rosehill Resources Inc Class A from a strong-buy rating to a hold rating in a report on Tuesday, May 1st. ValuEngine downgraded Rosehill Resources Inc Class A from a sell rating to a strong sell rating in a report on Saturday, August 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $11.70.

ROSE traded down $0.09 on Thursday, hitting $8.25. 28,355 shares of the company were exchanged, compared to its average volume of 39,308. The company has a debt-to-equity ratio of 7.83, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market capitalization of $296.61 million, a PE ratio of 3.53 and a beta of 1.17. Rosehill Resources Inc Class A has a 12 month low of $5.75 and a 12 month high of $10.84.

Rosehill Resources Inc Class A (NASDAQ:ROSE) last announced its earnings results on Thursday, August 16th. The company reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.57. The company had revenue of $80.53 million for the quarter, compared to analyst estimates of $70.45 million. Rosehill Resources Inc Class A had a return on equity of 118.18% and a net margin of 13.78%. research analysts forecast that Rosehill Resources Inc Class A will post -0.2 earnings per share for the current year.

In other news, Director Harry Quarls bought 5,000 shares of Rosehill Resources Inc Class A stock in a transaction dated Wednesday, August 22nd. The stock was bought at an average cost of $7.28 per share, for a total transaction of $36,400.00. Following the purchase, the director now directly owns 57,562 shares in the company, valued at approximately $419,051.36. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Principal Fund L.P. K2 sold 21,907 shares of the firm’s stock in a transaction dated Friday, July 13th. The shares were sold at an average price of $9.16, for a total value of $200,668.12. Following the completion of the sale, the insider now owns 306,248 shares of the company’s stock, valued at $2,805,231.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,463 shares of company stock valued at $512,026. 60.00% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in ROSE. Quantum Capital Management boosted its stake in Rosehill Resources Inc Class A by 130.1% during the 1st quarter. Quantum Capital Management now owns 214,442 shares of the company’s stock valued at $1,259,000 after purchasing an additional 121,233 shares during the last quarter. Geode Capital Management LLC purchased a new position in shares of Rosehill Resources Inc Class A in the 4th quarter worth approximately $406,000. BlackRock Inc. boosted its stake in shares of Rosehill Resources Inc Class A by 12.6% in the 4th quarter. BlackRock Inc. now owns 131,055 shares of the company’s stock worth $1,031,000 after buying an additional 14,619 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Rosehill Resources Inc Class A 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 buying an additional 7,738 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Rosehill Resources Inc Class A by 61.4% in the 1st quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock worth $109,000 after buying an additional 7,075 shares during the last quarter. Institutional investors and hedge funds own 5.00% of the company’s stock.

Rosehill Resources Inc Class A 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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