2 weeks Ago By ABMN Staff
Prudential Financial Inc. reduced its position in SandRidge Energy, Inc. ( NYSE:SD – Free Report ) by 75.
5% in the 4th quarter, Holdings Channel reports. The fund owned 25,160 shares of the oil and natural gas company’s stock after selling 77,600 shares during the period. Prudential Financial Inc.
’s holdings in SandRidge Energy were worth $295,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Royce & Associates LP grew its position in SandRidge Energy by 76.
2% during the fourth quarter. Royce & Associates LP now owns 1,094,786 shares of the oil and natural gas company’s stock valued at $12,820,000 after acquiring an additional 473,542 shares during the period. American Century Companies Inc.
grew its stake in SandRidge Energy by 9.6% during the fourth quarter. American Century Companies Inc.
now owns 958,573 shares of the oil and natural gas company’s stock worth $11,225,000 after buying an additional 84,263 shares during the period. Geode Capital Management LLC increased its position in shares of SandRidge Energy by 1.5% in the third quarter.
Geode Capital Management LLC now owns 742,169 shares of the oil and natural gas company’s stock worth $9,079,000 after acquiring an additional 11,300 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of SandRidge Energy by 19.1% in the 4th quarter.
Bank of New York Mellon Corp now owns 580,529 shares of the oil and natural gas company’s stock valued at $6,798,000 after acquiring an additional 92,950 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of SandRidge Energy by 3.
7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 263,004 shares of the oil and natural gas company’s stock valued at $3,217,000 after acquiring an additional 9,471 shares during the period.
Hedge funds and other institutional investors own 61.84% of the company’s stock. SandRidge Energy Trading Down 7.
2 % Shares of SandRidge Energy stock opened at $9.20 on Friday. SandRidge Energy, Inc.
has a twelve month low of $8.81 and a twelve month high of $15.31.
The stock has a market cap of $341.77 million, a price-to-earnings ratio of 7.19 and a beta of 1.
66. The company has a fifty day moving average price of $11.35 and a 200 day moving average price of $11.
59. SandRidge Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were issued a dividend of $0.
11 per share. The ex-dividend date was Thursday, March 20th. This represents a $0.
44 annualized dividend and a yield of 4.78%. SandRidge Energy’s dividend payout ratio is presently 25.
88%. SandRidge Energy Profile ( Free Report ) 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.
Recommended Stories Want to see what other hedge funds are holding SD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SandRidge Energy, Inc. ( NYSE:SD – Free Report ).
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