Ranger Energy Services, Inc. (NYSE:RNGR) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in shares of Ranger Energy Services, Inc. (NYSE:RNGR) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,034,476 shares of the company’s stock after purchasing an additional 75,088 shares during the period. Dimensional Fund Advisors LP owned approximately 4.65% of Ranger Energy Services worth $16,013,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of RNGR. EAM Investors LLC purchased a new position in Ranger Energy Services in the fourth quarter worth $885,000. Jump Financial LLC purchased a new stake in Ranger Energy Services during the fourth quarter worth about $268,000. Barclays PLC grew its position in Ranger Energy Services by 13.9% during the fourth quarter. Barclays PLC now owns 38,045 shares of the company’s stock worth $589,000 after buying an additional 4,641 shares during the period. Raymond James Financial Inc. purchased a new position in Ranger Energy Services in the fourth quarter valued at about $318,000. Finally, Renaissance Technologies LLC lifted its position in shares of Ranger Energy Services by 4.2% during the 4th quarter. Renaissance Technologies LLC now owns 180,490 shares of the company’s stock valued at $2,794,000 after acquiring an additional 7,200 shares during the period. 68.10% of the stock is owned by hedge funds and other institutional investors.

Ranger Energy Services Price Performance

RNGR opened at $11.12 on Friday. Ranger Energy Services, Inc. has a 1-year low of $9.57 and a 1-year high of $18.45. The stock has a market cap of $247.45 million, a P/E ratio of 16.85 and a beta of 0.33. The stock’s 50 day simple moving average is $13.15 and its 200 day simple moving average is $14.96.

Ranger Energy Services (NYSE:RNGR) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.10). Ranger Energy Services had a net margin of 2.54% and a return on equity of 5.54%. The firm had revenue of $135.20 million during the quarter, compared to analysts’ expectations of $137.50 million.

Ranger Energy Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, May 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.16%. Ranger Energy Services’s dividend payout ratio (DPR) is 27.27%.

Insider Buying and Selling

In other Ranger Energy Services news, Director Brett T. Agee sold 13,343 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $14.52, for a total value of $193,740.36. Following the transaction, the director now directly owns 1,782,232 shares in the company, valued at approximately $25,878,008.64. This represents a 0.74 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 43,882 shares of company stock worth $639,858 in the last ninety days. Insiders own 2.80% of the company’s stock.

Ranger Energy Services Profile

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.