XTX Topco Ltd Invests $343,000 in SandRidge Energy, Inc. (NYSE:SD)

XTX Topco Ltd acquired a new stake in shares of SandRidge Energy, Inc. (NYSE:SD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,285 shares of the oil and natural gas company's stock, valued at approximately $343,000. XTX Topco Ltd owned 0.08% of SandRidge Energy at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SD. Dynamic Technology Lab Private Ltd increased its holdings in SandRidge Energy by 3.7% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 24,397 shares of the oil and natural gas company's stock worth $286,000 after purchasing an additional 870 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in SandRidge Energy by 1.0% during the fourth quarter. Teacher Retirement System of Texas now owns 143,881 shares of the oil and natural gas company's stock worth $1,685,000 after buying an additional 1,474 shares in the last quarter. SG Americas Securities LLC raised its position in SandRidge Energy by 3.0% in the 4th quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company's stock valued at $697,000 after buying an additional 1,738 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of SandRidge Energy by 5.8% in the 4th quarter. Wells Fargo & Company MN now owns 44,158 shares of the oil and natural gas company's stock worth $517,000 after acquiring an additional 2,411 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in SandRidge Energy by 10.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 27,570 shares of the oil and natural gas company's stock worth $323,000 after purchasing an additional 2,634 shares during the last quarter. Institutional investors own 61.84% of the company's stock.

SandRidge Energy Stock Down 1.8 %

SD traded down $0.17 during trading hours on Monday, hitting $9.35. The stock had a trading volume of 174,206 shares, compared to its average volume of 303,020. The stock has a market cap of $347.31 million, a PE ratio of 7.33 and a beta of 1.66. SandRidge Energy, Inc. has a 1 year low of $8.81 and a 1 year high of $14.54. The company's fifty day simple moving average is $10.76 and its 200 day simple moving average is $11.36.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its quarterly earnings results 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). The company had revenue of $38.97 million for the quarter, compared to the consensus estimate of $50.27 million. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.11 dividend. The ex-dividend date was Thursday, March 20th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.71%. SandRidge Energy's dividend payout ratio (DPR) is presently 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.