Marshall Wace LLP Invests $2.15 Million in Berry Co. (NASDAQ:BRY)

Marshall Wace LLP acquired a new stake in Berry Co. (NASDAQ:BRY - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 519,979 shares of the energy company's stock, valued at approximately $2,148,000. Marshall Wace LLP owned 0.68% of Berry as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of BRY. Vanguard Group Inc. boosted its position in shares of Berry by 12.2% in the fourth quarter. Vanguard Group Inc. now owns 5,980,118 shares of the energy company's stock valued at $24,698,000 after acquiring an additional 652,416 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Berry by 1.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,729,339 shares of the energy company's stock valued at $11,682,000 after buying an additional 35,728 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Berry by 31.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,403,588 shares of the energy company's stock worth $9,927,000 after acquiring an additional 571,812 shares in the last quarter. American Century Companies Inc. raised its position in Berry by 11.4% in the 4th quarter. American Century Companies Inc. now owns 2,101,825 shares of the energy company's stock worth $8,681,000 after purchasing an additional 214,580 shares during the period. Finally, South Dakota Investment Council lifted its stake in shares of Berry by 66.4% in the 4th quarter. South Dakota Investment Council now owns 1,958,864 shares of the energy company's stock valued at $8,090,000 after acquiring an additional 781,562 shares during the last quarter. 94.88% of the stock is currently owned by hedge funds and other institutional investors.

Berry Stock Up 4.5 %

Shares of Berry stock opened at $2.56 on Monday. The stock has a market capitalization of $198.65 million, a price-to-earnings ratio of 2.37 and a beta of 1.34. Berry Co. has a 52-week low of $2.11 and a 52-week high of $8.88. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The company's 50 day moving average price is $3.15 and its 200-day moving average price is $4.03.

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

Berry Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.12 dividend on an annualized basis and a yield of 4.69%. Berry's dividend payout ratio (DPR) is currently 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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