2 weeks Ago By Defense World Staff
KLP Kapitalforvaltning AS purchased a new position in SandRidge Energy, Inc. (NYSE:SD – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 36,300 shares of the oil and natural gas company’s stock, valued at approximately $425,000.
KLP Kapitalforvaltning AS owned about 0.10% of SandRidge Energy at the end of the most recent quarter. Several other hedge funds and other institutional investors have also modified their holdings of SD.
Teacher Retirement System of Texas grew its position in SandRidge Energy by 1.0% in the fourth quarter. Teacher Retirement System of Texas now owns 143,881 shares of the oil and natural gas company’s stock worth $1,685,000 after acquiring an additional 1,474 shares in the last quarter.
SG Americas Securities LLC boosted its holdings in SandRidge Energy by 3.0% in the fourth quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company’s stock worth $697,000 after purchasing an additional 1,738 shares in the last quarter.
Exchange Traded Concepts LLC increased its position in SandRidge Energy by 10.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 27,570 shares of the oil and natural gas company’s stock worth $323,000 after buying an additional 2,634 shares during the last quarter.
Sanctuary Advisors LLC raised its holdings in SandRidge Energy by 9.5% during the third quarter. Sanctuary Advisors LLC now owns 39,895 shares of the oil and natural gas company’s stock valued at $483,000 after buying an additional 3,451 shares in the last quarter.
Finally, JPMorgan Chase & Co. raised its holdings in SandRidge Energy by 8.6% during the third quarter.
JPMorgan Chase & Co. now owns 61,420 shares of the oil and natural gas company’s stock valued at $751,000 after buying an additional 4,868 shares in the last quarter. 61.
84% of the stock is currently owned by hedge funds and other institutional investors. SandRidge Energy Stock Down 8.9 %Shares of SandRidge Energy stock opened at $9.
63 on Friday. SandRidge Energy, Inc. has a 12-month low of $9.
50 and a 12-month high of $15.31. The stock has a 50 day moving average price of $11.
66 and a two-hundred day moving average price of $11.71. The stock has a market capitalization of $357.
52 million, a P/E ratio of 7.52 and a beta of 1.66.
SandRidge Energy (NYSE:SD – Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.
48 by ($0.14). SandRidge Energy had a return on equity of 7.
92% and a net margin of 39.25%. The firm had revenue of $38.
97 million during the quarter, compared to analyst estimates of $50.27 million. SandRidge Energy Announces DividendThe firm also recently declared a quarterly dividend, which was paid on Monday, March 31st.
Stockholders of record on Thursday, March 20th were given a $0.11 dividend. This represents a $0.
44 annualized dividend and a dividend yield of 4.57%. The ex-dividend date was Thursday, March 20th.
SandRidge Energy’s dividend payout ratio is currently 25.88%. About SandRidge Energy (Free Report)SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent.
The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma. Recommended StoriesFive stocks we like better than SandRidge EnergyHow to start investing in penny stocksArcher Aviation’s Africa Deal Could Boost ACHR StockAre Penny Stocks a Good Fit for Your Portfolio?Are Short Sellers Wrong About These 3 Semiconductor Stocks?Best Stocks Under $10.00 Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?Want to see what other hedge funds are holding SD? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for SandRidge Energy, Inc. (NYSE:SD – Free Report)..
