106,578 Shares in SandRidge Energy, Inc. (NYSE:SD) Bought by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. bought a new stake in shares of SandRidge Energy, Inc. (NYSE:SD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 106,578 shares of the oil and natural gas company’s stock, valued at approximately $1,248,000. D. E. Shaw & Co. Inc. owned about 0.29% of SandRidge Energy as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SD. Raymond James Financial Inc. acquired a new position in shares of SandRidge Energy in the fourth quarter worth about $1,876,000. Arrowstreet Capital Limited Partnership lifted its position in shares of SandRidge Energy by 305.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 129,361 shares of the oil and natural gas company’s stock valued at $1,515,000 after acquiring an additional 97,481 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of SandRidge Energy by 3.0% in the 4th quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company’s stock valued at $697,000 after acquiring an additional 1,738 shares in the last quarter. Royce & Associates LP boosted its stake in SandRidge Energy by 76.2% in the 4th quarter. Royce & Associates LP now owns 1,094,786 shares of the oil and natural gas company’s stock worth $12,820,000 after purchasing an additional 473,542 shares during the period. Finally, Empowered Funds LLC grew its position in SandRidge Energy by 5.1% during the 4th quarter. Empowered Funds LLC now owns 136,679 shares of the oil and natural gas company’s stock worth $1,601,000 after purchasing an additional 6,664 shares in the last quarter. Hedge funds and other institutional investors own 61.84% of the company’s stock.

SandRidge Energy Stock Down 1.1%

SD opened at $9.73 on Friday. The firm has a market capitalization of $356.78 million, a P/E ratio of 7.60 and a beta of 0.84. The stock has a fifty day moving average of $10.08 and a 200-day moving average of $11.15. SandRidge Energy, Inc. has a 12-month low of $8.81 and a 12-month high of $14.04.

SandRidge Energy (NYSE:SD) last posted its quarterly earnings results on Wednesday, May 7th. The oil and natural gas company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.04). SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%. The business had revenue of $42.60 million for the quarter, compared to analyst estimates of $43.32 million.

SandRidge Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend is Monday, May 19th. SandRidge Energy’s dividend payout ratio (DPR) is 25.14%.

SandRidge Energy Company Profile

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.