2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. cut its holdings in VAALCO Energy, Inc. ( NYSE:EGY – Free Report ) by 7.
2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 329,993 shares of the energy company’s stock after selling 25,759 shares during the quarter.
Russell Investments Group Ltd.’s holdings in VAALCO Energy were worth $1,442,000 at the end of the most recent reporting period. A number of other institutional investors have also made changes to their positions in the business.
Tieton Capital Management LLC raised its position in VAALCO Energy by 23.0% in the 4th quarter. Tieton Capital Management LLC now owns 1,805,053 shares of the energy company’s stock worth $7,888,000 after purchasing an additional 337,644 shares during the last quarter.
American Century Companies Inc. increased its stake in shares of VAALCO Energy by 8.7% in the 4th quarter.
American Century Companies Inc. now owns 3,901,984 shares of the energy company’s stock valued at $17,052,000 after buying an additional 312,576 shares during the period. Kornitzer Capital Management Inc.
KS raised its position in shares of VAALCO Energy by 9.7% during the fourth quarter. Kornitzer Capital Management Inc.
KS now owns 2,786,265 shares of the energy company’s stock worth $12,176,000 after acquiring an additional 247,310 shares during the last quarter. State Street Corp lifted its stake in shares of VAALCO Energy by 4.3% during the third quarter.
State Street Corp now owns 4,285,378 shares of the energy company’s stock valued at $24,598,000 after acquiring an additional 176,259 shares during the period. Finally, Foundry Partners LLC boosted its holdings in VAALCO Energy by 10.8% in the fourth quarter.
Foundry Partners LLC now owns 1,330,413 shares of the energy company’s stock valued at $5,814,000 after acquiring an additional 129,939 shares during the last quarter. 50.32% of the stock is owned by institutional investors.
Insiders Place Their Bets In related news, COO Thor Pruckl sold 10,169 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $3.95, for a total value of $40,167.
55. Following the completion of the transaction, the chief operating officer now directly owns 174,992 shares of the company’s stock, valued at approximately $691,218.40.
This trade represents a 5.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
Insiders own 1.30% of the company’s stock. Wall Street Analysts Forecast Growth Read Our Latest Stock Analysis on VAALCO Energy VAALCO Energy Stock Performance EGY stock opened at $3.
49 on Monday. VAALCO Energy, Inc. has a 1-year low of $3.
00 and a 1-year high of $7.43. The company has a current ratio of 1.
34, a quick ratio of 1.32 and a debt-to-equity ratio of 0.14.
The firm has a market cap of $361.54 million, a PE ratio of 4.10 and a beta of 0.
75. The business’s 50-day moving average price is $3.83 and its two-hundred day moving average price is $4.
57. VAALCO Energy ( NYSE:EGY – Get Free Report ) last issued its quarterly earnings data on Thursday, March 13th. The energy company reported $0.
07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02.
The company had revenue of $121.72 million during the quarter, compared to the consensus estimate of $108.91 million.
VAALCO Energy had a net margin of 17.93% and a return on equity of 15.63%.
As a group, research analysts forecast that VAALCO Energy, Inc. will post 0.43 earnings per share for the current year.
VAALCO Energy Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were paid a $0.0625 dividend.
The ex-dividend date was Friday, February 28th. This represents a $0.25 annualized dividend and a yield of 7.
17%. VAALCO Energy’s payout ratio is currently 45.45%.
About VAALCO Energy ( Free Report ) VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.
Recommended Stories Want to see what other hedge funds are holding EGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VAALCO Energy, Inc. ( NYSE:EGY – Free Report ).
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