American Century Companies Inc. Has $11.23 Million Position in SandRidge Energy, Inc. (NYSE:SD)

American Century Companies Inc. grew its stake in SandRidge Energy, Inc. (NYSE:SD - Free Report) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 958,573 shares of the oil and natural gas company's stock after buying an additional 84,263 shares during the quarter. American Century Companies Inc. owned 2.58% of SandRidge Energy worth $11,225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC grew its holdings in shares of SandRidge Energy by 87.3% during the third quarter. Barclays PLC now owns 86,752 shares of the oil and natural gas company's stock worth $1,062,000 after buying an additional 40,427 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SandRidge Energy during the 4th quarter worth approximately $1,876,000. SG Americas Securities LLC raised its holdings in shares of SandRidge Energy by 3.0% in the fourth quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company's stock valued at $697,000 after purchasing an additional 1,738 shares during the last quarter. Geode Capital Management LLC lifted 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 purchasing an additional 11,300 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of SandRidge Energy by 76.2% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 61.84% of the company's stock.

SandRidge Energy Stock Performance

SandRidge Energy stock traded down $0.22 during mid-day trading on Monday, reaching $9.42. The company's stock had a trading volume of 592,945 shares, compared to its average volume of 295,654. SandRidge Energy, Inc. has a 12 month low of $5.10 and a 12 month high of $15.31. The business's 50 day simple moving average is $11.60 and its 200 day simple moving average is $11.68. The company has a market capitalization of $349.72 million, a price-to-earnings ratio of 7.36 and a beta of 1.66.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.14). SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%. The company had revenue of $38.97 million during the quarter, compared to the consensus estimate of $50.27 million.

SandRidge Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 4.67%. The ex-dividend date was Thursday, March 20th. SandRidge Energy's dividend payout ratio (DPR) is 25.88%.

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.