Riley Exploration Permian, Inc. (NYSE:REPX) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its position in shares of Riley Exploration Permian, Inc. (NYSE:REPX) by 30.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,165 shares of the company’s stock after acquiring an additional 29,549 shares during the quarter. Northern Trust Corp owned 0.59% of Riley Exploration Permian worth $4,059,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of Riley Exploration Permian by 24.7% in the 4th quarter. SG Americas Securities LLC now owns 5,100 shares of the company’s stock worth $163,000 after buying an additional 1,010 shares in the last quarter. Inspire Investing LLC acquired a new position in Riley Exploration Permian during the fourth quarter worth about $874,000. Toth Financial Advisory Corp purchased a new stake in shares of Riley Exploration Permian in the fourth quarter valued at about $115,000. Empowered Funds LLC grew its position in shares of Riley Exploration Permian by 4.8% in the fourth quarter. Empowered Funds LLC now owns 30,987 shares of the company’s stock valued at $989,000 after purchasing an additional 1,421 shares during the last quarter. Finally, New York State Teachers Retirement System acquired a new stake in shares of Riley Exploration Permian in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 58.91% of the company’s stock.

Riley Exploration Permian Trading Down 0.0%

Shares of Riley Exploration Permian stock opened at $25.65 on Friday. Riley Exploration Permian, Inc. has a 1 year low of $21.98 and a 1 year high of $37.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.70 and a quick ratio of 0.64. The business has a 50 day moving average price of $26.69 and a 200 day moving average price of $30.69. The company has a market capitalization of $564.89 million, a P/E ratio of 4.55 and a beta of 1.56.

Riley Exploration Permian Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 5.93%. The ex-dividend date was Thursday, April 24th. Riley Exploration Permian’s payout ratio is 32.48%.

Insider Transactions at Riley Exploration Permian

In other Riley Exploration Permian news, CEO Bobby Riley sold 15,000 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $27.92, for a total transaction of $418,800.00. Following the sale, the chief executive officer now directly owns 424,636 shares of the company’s stock, valued at $11,855,837.12. This trade represents a 3.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Corey Neil Riley sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $27.34, for a total transaction of $95,690.00. Following the transaction, the insider now directly owns 125,974 shares in the company, valued at $3,444,129.16. The trade was a 2.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 24,477 shares of company stock valued at $688,839 over the last three months. 4.70% of the stock is currently owned by insiders.

Riley Exploration Permian Company Profile

Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin.