XTX Topco Ltd Buys Shares of 18,743 Genie Energy Ltd. (NYSE:GNE)

XTX Topco Ltd acquired a new position in Genie Energy Ltd. (NYSE:GNE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,743 shares of the oil and gas producer's stock, valued at approximately $292,000. XTX Topco Ltd owned 0.07% of Genie Energy at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Barclays PLC lifted its position in Genie Energy by 234.6% during the 3rd quarter. Barclays PLC now owns 20,617 shares of the oil and gas producer's stock valued at $334,000 after acquiring an additional 14,455 shares during the period. Martingale Asset Management L P increased its stake in shares of Genie Energy by 113.1% during the fourth quarter. Martingale Asset Management L P now owns 78,414 shares of the oil and gas producer's stock valued at $1,222,000 after purchasing an additional 41,623 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of Genie Energy during the fourth quarter valued at approximately $281,000. WINTON GROUP Ltd lifted its holdings in shares of Genie Energy by 207.0% during the fourth quarter. WINTON GROUP Ltd now owns 37,564 shares of the oil and gas producer's stock valued at $586,000 after purchasing an additional 25,329 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Genie Energy by 24.3% in the 4th quarter. Bank of New York Mellon Corp now owns 166,695 shares of the oil and gas producer's stock worth $2,599,000 after purchasing an additional 32,630 shares in the last quarter. 49.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Genie Energy from a "strong-buy" rating to a "buy" rating in a research report on Thursday, March 20th.

Genie Energy Stock Down 0.2 %

Shares of GNE traded down $0.03 during trading hours on Monday, hitting $14.88. The company had a trading volume of 29,293 shares, compared to its average volume of 79,083. The stock has a market capitalization of $401.91 million, a price-to-earnings ratio of 106.29 and a beta of 0.04. The firm has a fifty day moving average price of $14.79 and a 200-day moving average price of $15.08. Genie Energy Ltd. has a 52-week low of $13.05 and a 52-week high of $17.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.47 and a current ratio of 2.56.

Genie Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 18th were issued a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.30 annualized dividend and a yield of 2.02%. Genie Energy's dividend payout ratio (DPR) is presently 214.29%.

About Genie Energy

Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities.