EP Energy Corporation (NYSE:EPE) Lifted to "Hold" at BidaskClub

The institutional investor owned 40,835 shares of the energy producer's stock after buying an additional 2,800 shares during the period. Its book value per share for the most recent quarter is $-6.91 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $1.53, however its price to cash per share ratio for the same period is 3.21.

A number of other institutional investors have also recently added to or reduced their stakes in SN. Finally, Columbia Pacific Advisors LLC boosted its stake in shares of EP Energy Corporation by 41.7% in the first quarter. The company's stock had a trading volume of 521,846 shares. ClariVest Asset Management LLC acquired a new position in shares of Sanchez Energy Corporation during the first quarter worth $120,000. 361 Capital LLC bought a new position in Sanchez Energy Corporation during the first quarter valued at about $129,000. Vanguard Group Inc. now owns 3,459,190 shares of the energy producer's stock valued at $12,660,000 after buying an additional 9,068 shares during the last quarter. American International Group Inc. increased its position in EP Energy Corporation by 7.1% in the first quarter. Dimensional Fund Advisors LP now owns 815,750 shares of the energy producer's stock worth $5,343,000 after buying an additional 23,203 shares during the last quarter.

Shares of Sanchez Energy Corporation (NYSE:SN) opened at 5.13 on Thursday. The firm's stock has a market capitalization of $813.86 mln. Analysts reported that the Price Target for Sanchez Energy Corporation might touch $14 high while the Average Price Target and Low price Target is $7.55 and $3 respectively.

Company chares are trading at $3.20 which is significantly below the 50 day moving average of $3.49 and which is well below the 200 day moving average of $4.35.

EP Energy Corporation (NYSE:EPE) last issued its quarterly earnings data on Wednesday, August 2nd. After $-1.05 actual earnings per share reported by Sanchez Energy Corp for the previous quarter, Wall Street now forecasts -101.90 % EPS growth. The business had revenue of $175.70 million for the quarter, compared to analyst estimates of $178.97 million.

While considering growth estimates of the company, it has next quarter growth estimates of -85.7% whereas during current quarter it has -1500% estimations over growth, comparing to the estimations of -1300% during current year and 268.8% for next year. They expect $0.02 earnings per share, up 108.70 % or $0.25 from last year's $-0.23 per share. The original version of this news story can be viewed at

Several research firms recently commented on SN. Seaport Global downgraded Sanchez Energy Corp (NYSE:SN) on Wednesday, June 21 to "Sell" rating. Capital One Financial Corporation downgraded shares of Sanchez Energy Corporation from an "equal weight" rating to an "underweight" rating in a report on Wednesday, July 26th. The stock of EP Energy Corp (NYSE:EPE) has "Neutral" rating given on Tuesday, March 8 by Credit Suisse. FBR & Co set a $5.00 target price on EP Energy Corporation and gave the stock a "hold" rating in a report on Tuesday, May 16th. Eight equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a strong buy rating to the company's stock. The company has an average rating of Hold and an average price target of $4.27.

In related news, VP Kirsten A. Hink sold 38,634 shares of the firm's stock in a transaction dated Thursday, August 3rd.

On September 21 the stock rating was upgraded to "Neutral" from "Sell" and a price target of $5.00 was set by Goldman Sachs. 112.60M were reported by Apollo Holding L P. Riverstone Ltd Company holds 6.04% or 31.28M shares in its portfolio. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Following the completion of the transaction, the director now owns 92,151 shares of the company's stock, valued at approximately $622,019.25. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 84,926 shares of company stock valued at $438,989.

EP Energy Corporation has a 813.86M market cap and its past year revenues were 870.00M. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. 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 MS and Louisiana.

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