Barclays PLC lifted its stake in Ranger Energy Services, Inc. (NYSE:RNGR - Free Report) by 82.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,404 shares of the company's stock after purchasing an additional 15,139 shares during the quarter. Barclays PLC owned 0.15% of Ranger Energy Services worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of RNGR. Geode Capital Management LLC raised its holdings in Ranger Energy Services by 3.5% in the third quarter. Geode Capital Management LLC now owns 351,793 shares of the company's stock worth $4,190,000 after buying an additional 11,921 shares during the last quarter. State Street Corp increased its position in shares of Ranger Energy Services by 2.5% during the third quarter. State Street Corp now owns 323,244 shares of the company's stock valued at $3,850,000 after acquiring an additional 8,008 shares in the last quarter. JB Capital Partners LP raised its holdings in Ranger Energy Services by 46.3% in the 3rd quarter. JB Capital Partners LP now owns 36,576 shares of the company's stock worth $434,000 after acquiring an additional 11,576 shares during the last quarter. Foundry Partners LLC lifted its position in Ranger Energy Services by 10.1% in the 3rd quarter. Foundry Partners LLC now owns 450,897 shares of the company's stock valued at $5,370,000 after acquiring an additional 41,321 shares in the last quarter. Finally, Quest Partners LLC lifted its position in Ranger Energy Services by 24.4% in the 3rd quarter. Quest Partners LLC now owns 3,687 shares of the company's stock valued at $44,000 after acquiring an additional 723 shares in the last quarter. Institutional investors own 68.10% of the company's stock.
Ranger Energy Services Stock Down 0.3 %
Shares of Ranger Energy Services stock traded down $0.06 on Friday, reaching $17.56. The company's stock had a trading volume of 128,435 shares, compared to its average volume of 116,877. Ranger Energy Services, Inc. has a 52 week low of $9.27 and a 52 week high of $17.90. The firm's fifty day simple moving average is $15.81 and its two-hundred day simple moving average is $13.34. The company has a market capitalization of $390.71 million, a price-to-earnings ratio of 26.61 and a beta of 0.54.
Ranger Energy Services (NYSE:RNGR - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.29 by $0.10. The company had revenue of $153.00 million during the quarter. Ranger Energy Services had a return on equity of 5.54% and a net margin of 2.54%. During the same quarter in the previous year, the business posted $0.38 earnings per share.
Ranger Energy Services Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.20 dividend on an annualized basis and a yield of 1.14%. Ranger Energy Services's dividend payout ratio (DPR) is 30.30%.
Insider Buying and Selling
In other Ranger Energy Services news, Director Brett T. Agee sold 61,905 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $16.67, for a total value of $1,031,956.35. Following the transaction, the director now directly owns 31,905 shares of the company's stock, valued at approximately $531,856.35. This trade represents a 65.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Brett T. Agee sold 91,488 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $16.68, for a total value of $1,526,019.84. Following the sale, the director now owns 2,446,155 shares of the company's stock, valued at approximately $40,801,865.40. This represents a 3.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 415,836 shares of company stock worth $6,863,316. 2.00% of the stock is owned by insiders.
Ranger Energy Services Company Profile
(
Free Report)
Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.
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