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Benefitfocus, Inc. (BNFT) Forms $25.10 Double Bottom; Q Global Advisors Lifted By $4.57 Million Its Jones Energy (JONE) Position

Benefitfocus, Inc. (BNFT) formed double bottom with $23.59 target or 6.00% below today’s $25.10 share price. Benefitfocus, Inc. (BNFT) has $784.96 million valuation. The stock increased 3.29% or $0.8 during the last trading session, reaching $25.1. About 147,879 shares traded. Benefitfocus, Inc. (NASDAQ:BNFT) has declined 9.60% since February 17, 2017 and is downtrending. It has underperformed by 26.30% the S&P500.

Q Global Advisors Llc increased Jones Energy Inc (JONE) stake by 4993.69% reported in 2017Q3 SEC filing. Q Global Advisors Llc acquired 4.57M shares as Jones Energy Inc (JONE)’s stock declined 30.40%. The Q Global Advisors Llc holds 4.66M shares with $8.95M value, up from 91,547 last quarter. Jones Energy Inc now has $99.05 million valuation. The stock increased 1.00% or $0.01 during the last trading session, reaching $1.01. About 704,254 shares traded. Jones Energy, Inc. (NYSE:JONE) has declined 35.56% since February 17, 2017 and is downtrending. It has underperformed by 52.26% the S&P500.

Among 14 analysts covering Jones Energy Inc (NYSE:JONE), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Jones Energy Inc had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Iberia Capital Partners on Tuesday, May 24. Seaport Global downgraded the shares of JONE in report on Wednesday, June 21 to “Neutral” rating. The firm has “Neutral” rating by JP Morgan given on Thursday, July 20. As per Tuesday, February 23, the company rating was downgraded by Imperial Capital. The stock of Jones Energy, Inc. (NYSE:JONE) has “Underweight” rating given on Monday, November 20 by Barclays Capital. The firm earned “Outperform” rating on Wednesday, April 27 by Imperial Capital. On Tuesday, January 2 the stock rating was downgraded by SunTrust to “Hold”. The rating was maintained by Imperial Capital with “In-Line” on Wednesday, March 9. The firm earned “Accumulate” rating on Tuesday, August 30 by Seaport Global. The firm has “Hold” rating by J.P. Morgan given on Thursday, July 20.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.28, from 0.83 in 2017Q2. It is positive, as 17 investors sold JONE shares while 20 reduced holdings. 11 funds opened positions while 30 raised stakes. 56.45 million shares or 1.18% more from 55.80 million shares in 2017Q2 were reported. 744,887 were accumulated by Contrarian Capital Management Limited Liability. Guggenheim Ltd Liability stated it has 0% of its portfolio in Jones Energy, Inc. (NYSE:JONE). Blackrock Inc reported 3.60M shares or 0% of all its holdings. Hutchin Hill Cap Lp accumulated 1.56 million shares. Bridgeway Cap, Texas-based fund reported 268,369 shares. Moreover, Palisade Capital Management Limited Liability Corp Nj has 0.01% invested in Jones Energy, Inc. (NYSE:JONE) for 76,700 shares. Barclays Public Limited Company holds 1,175 shares. Aqr Mgmt Ltd Limited Liability Company holds 0% or 221,908 shares in its portfolio. Raymond James Advisors holds 0.01% of its portfolio in Jones Energy, Inc. (NYSE:JONE) for 741,160 shares. Credit Suisse Ag stated it has 0% of its portfolio in Jones Energy, Inc. (NYSE:JONE). Country Club Tru Na holds 215,000 shares. Nationwide Fund Advsrs holds 36,189 shares or 0% of its portfolio. Moreover, Dimensional Fund Advisors Limited Partnership has 0% invested in Jones Energy, Inc. (NYSE:JONE). Mai Cap, Ohio-based fund reported 21,901 shares. Raymond James And Assoc invested 0% of its portfolio in Jones Energy, Inc. (NYSE:JONE).

Since October 4, 2017, it had 0 insider purchases, and 16 sales for $2.01 million activity. Another trade for 130,000 shares valued at $180,037 was sold by Metalmark Capital II LLC.

Analysts await Benefitfocus, Inc. (NASDAQ:BNFT) to report earnings on February, 22. They expect $-0.21 earnings per share, up 12.50% or $0.03 from last year’s $-0.24 per share. After $-0.20 actual earnings per share reported by Benefitfocus, Inc. for the previous quarter, Wall Street now forecasts 5.00% negative EPS growth.

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