Jump Financial LLC Takes $646,000 Position in Berry Co. (NASDAQ:BRY)

Jump Financial LLC purchased a new position in Berry Co. (NASDAQ:BRY - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 156,481 shares of the energy company's stock, valued at approximately $646,000. Jump Financial LLC owned approximately 0.20% of Berry at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Meeder Asset Management Inc. raised its position in Berry by 54.9% during the fourth quarter. Meeder Asset Management Inc. now owns 12,114 shares of the energy company's stock valued at $50,000 after buying an additional 4,294 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Berry by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 269,502 shares of the energy company's stock worth $1,385,000 after purchasing an additional 4,686 shares in the last quarter. FMR LLC grew its position in Berry by 40.9% during the third quarter. FMR LLC now owns 17,606 shares of the energy company's stock valued at $90,000 after purchasing an additional 5,115 shares in the last quarter. R Squared Ltd acquired a new position in Berry in the 4th quarter valued at approximately $29,000. Finally, EMC Capital Management lifted its position in Berry by 149.7% in the 4th quarter. EMC Capital Management now owns 13,780 shares of the energy company's stock worth $57,000 after buying an additional 8,261 shares in the last quarter. Institutional investors and hedge funds own 94.88% of the company's stock.

Berry Trading Up 2.9 %

Berry stock opened at $2.45 on Wednesday. The company's fifty day simple moving average is $3.26 and its 200-day simple moving average is $4.10. Berry Co. has a 12 month low of $2.11 and a 12 month high of $8.88. The stock has a market cap of $189.18 million, a P/E ratio of 2.27 and a beta of 1.34. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54.

Berry (NASDAQ:BRY - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.09. The company had revenue of $167.06 million for the quarter, compared to analyst estimates of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. As a group, sell-side analysts forecast that Berry Co. will post 0.58 EPS for the current fiscal year.

Berry Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were paid a dividend of $0.03 per share. The ex-dividend date was Friday, March 21st. This represents a $0.12 annualized dividend and a yield of 4.90%. Berry's dividend payout ratio is 48.00%.

Berry Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.

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