Barclays PLC Has $464,000 Holdings in Riley Exploration Permian, Inc. (NYSE:REPX)

Barclays PLC boosted its position in shares of Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) by 167.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,574 shares of the company's stock after purchasing an additional 10,997 shares during the quarter. Barclays PLC owned about 0.08% of Riley Exploration Permian worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in REPX. Ariadne Wealth Management LP bought a new stake in Riley Exploration Permian during the 2nd quarter worth about $36,000. Copeland Capital Management LLC bought a new stake in shares of Riley Exploration Permian in the 3rd quarter valued at about $48,000. Point72 DIFC Ltd bought a new stake in shares of Riley Exploration Permian in the 2nd quarter valued at about $51,000. CWM LLC increased its stake in shares of Riley Exploration Permian by 115.9% in the 3rd quarter. CWM LLC now owns 2,677 shares of the company's stock valued at $71,000 after acquiring an additional 1,437 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Riley Exploration Permian in the 3rd quarter valued at about $108,000. 58.91% of the stock is owned by institutional investors.

Insider Transactions at Riley Exploration Permian

In related news, CEO Bobby Riley sold 1,310 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $35.17, for a total value of $46,072.70. Following the transaction, the chief executive officer now owns 311,375 shares in the company, valued at approximately $10,951,058.75. This trade represents a 0.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.90% of the company's stock.

Analyst Ratings Changes

Separately, Truist Financial upped their price target on Riley Exploration Permian from $45.00 to $47.00 and gave the company a "buy" rating in a research note on Monday, January 13th.

Riley Exploration Permian Stock Up 0.8 %

Shares of REPX traded up $0.28 during mid-day trading on Friday, hitting $37.12. 77,549 shares of the company's stock were exchanged, compared to its average volume of 84,865. The company has a market cap of $797.34 million, a PE ratio of 6.58 and a beta of 1.46. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.70 and a quick ratio of 0.64. Riley Exploration Permian, Inc. has a 52 week low of $21.27 and a 52 week high of $37.26. The company has a 50-day simple moving average of $33.40 and a 200 day simple moving average of $29.69.

Riley Exploration Permian Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, January 23rd. Riley Exploration Permian's dividend payout ratio is currently 26.95%.

Riley Exploration Permian 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.