Quantum Capital Management Purchases 88,115 Shares of Rosehill Resources Inc (ROSE)

Quantum Capital Management boosted its position in Rosehill Resources Inc (NASDAQ:ROSE) by 34.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 344,229 shares of the company’s stock after acquiring an additional 88,115 shares during the period. Quantum Capital Management owned 0.95% of Rosehill Resources worth $2,100,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its holdings in Rosehill Resources by 5.2% in the first quarter. Wells Fargo & Company MN now owns 155,546 shares of the company’s stock worth $913,000 after acquiring an additional 7,738 shares in the last quarter. Millennium Management LLC boosted its holdings in Rosehill Resources by 61.4% in the first quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock worth $109,000 after acquiring an additional 7,075 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Rosehill Resources by 287.3% in the third quarter. JPMorgan Chase & Co. now owns 508,303 shares of the company’s stock worth $3,101,000 after acquiring an additional 377,066 shares in the last quarter. Institutional investors and hedge funds own 5.08% of the company’s stock.

ROSE has been the topic of several recent research reports. SunTrust Banks initiated coverage on Rosehill Resources in a report on Friday, October 19th. They issued a “buy” rating and a $10.00 price target on the stock. TheStreet lowered Rosehill Resources from a “c-” rating to a “d+” rating in a report on Wednesday, October 17th. Stifel Nicolaus initiated coverage on Rosehill Resources in a report on Thursday, August 23rd. They issued a “buy” rating and a $14.00 price target on the stock. Ifs Securities initiated coverage on Rosehill Resources in a report on Monday, October 29th. They issued an “outperform” rating on the stock. Finally, ValuEngine lowered Rosehill Resources from a “sell” rating to a “strong sell” rating in a report on Saturday, August 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. Rosehill Resources presently has a consensus rating of “Buy” and an average price target of $11.07.

In other news, major shareholder Principal Fund L.P. K2 sold 19,294 shares of the firm’s stock in a transaction that occurred on Friday, September 21st. The stock was sold at an average price of $8.65, for a total value of $166,893.10. Following the transaction, the insider now owns 198,914 shares in the company, valued at $1,720,606.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harry Quarls bought 21,822 shares of the company’s stock in a transaction dated Monday, October 1st. The stock was bought at an average price of $6.11 per share, for a total transaction of $133,332.42. Following the acquisition, the director now directly owns 69,667 shares of the company’s stock, valued at $425,665.37. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 44,340 shares of company stock worth $276,050 and sold 80,373 shares worth $673,233. 60.00% of the stock is owned by company insiders.

ROSE stock opened at $4.28 on Thursday. Rosehill Resources Inc has a twelve month low of $4.03 and a twelve month high of $9.65. The company has a debt-to-equity ratio of 7.83, a quick ratio of 0.43 and a current ratio of 0.35. The company has a market capitalization of $161.75 million, a PE ratio of -26.75 and a beta of 1.41.

Rosehill Resources (NASDAQ:ROSE) last posted its earnings results on Friday, November 9th. The company reported $5.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $5.31. Rosehill Resources had a positive return on equity of 713.01% and a negative net margin of 0.02%. The company had revenue of $82.56 million for the quarter, compared to analyst estimates of $77.78 million. Equities research analysts anticipate that Rosehill Resources Inc will post 0.64 EPS for the current fiscal year.

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Rosehill Resources 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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Institutional Ownership by Quarter for Rosehill Resources (NASDAQ:ROSE)

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