Tudor Investment Corp Et Al Invests $179,000 in SandRidge Energy, Inc. (NYSE:SD)

Tudor Investment Corp Et Al acquired a new position in shares of SandRidge Energy, Inc. (NYSE:SD – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,987 shares of the oil and natural gas company’s stock, valued at approximately $179,000.

Other large investors also recently made changes to their positions in the company. Founders Capital Management increased its position in shares of SandRidge Energy by 50.0% during the 3rd quarter. Founders Capital Management now owns 3,000 shares of the oil and natural gas company’s stock worth $49,000 after purchasing an additional 1,000 shares during the last quarter. Dark Forest Capital Management LP acquired a new position in shares of SandRidge Energy during the 2nd quarter worth approximately $52,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of SandRidge Energy during the 2nd quarter worth approximately $59,000. Lazard Asset Management LLC increased its position in shares of SandRidge Energy by 28.7% during the 2nd quarter. Lazard Asset Management LLC now owns 4,872 shares of the oil and natural gas company’s stock worth $76,000 after purchasing an additional 1,087 shares during the last quarter. Finally, UBS Group AG increased its position in shares of SandRidge Energy by 5,147.7% during the 3rd quarter. UBS Group AG now owns 5,615 shares of the oil and natural gas company’s stock worth $92,000 after purchasing an additional 5,508 shares during the last quarter. Institutional investors own 17.42% of the company’s stock.

SandRidge Energy Trading Down 3.5 %

SD stock opened at $13.80 on Friday. The firm has a market capitalization of $508.81 million, a PE ratio of 2.95 and a beta of 2.35. SandRidge Energy, Inc. has a 1-year low of $13.22 and a 1-year high of $29.28. The business’s 50 day simple moving average is $15.74 and its 200 day simple moving average is $17.68.

Wall Street Analyst Weigh In

Separately, StockNews.com raised SandRidge Energy from a “hold” rating to a “buy” rating in a research report on Monday, January 30th.

SandRidge Energy Company Profile

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SandRidge Energy, Inc engages in the exploration, development, and production of oil and natural gas. It operates in the United States Mid-Continent, and North Park Basin of Colorado. The company was founded by Noah Malone Mitchell III in 1984 and is headquartered in Oklahoma, OK.