Quadrature Capital Ltd Buys Shares of 21,542 Ranger Energy Services, Inc. (NYSE:RNGR)

Quadrature Capital Ltd bought a new position in Ranger Energy Services, Inc. (NYSE:RNGR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,542 shares of the company’s stock, valued at approximately $220,000. Quadrature Capital Ltd owned about 0.10% of Ranger Energy Services as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the company. Copeland Capital Management LLC purchased a new position in shares of Ranger Energy Services in the fourth quarter worth approximately $29,000. Tower Research Capital LLC TRC boosted its stake in shares of Ranger Energy Services by 425.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,934 shares of the company’s stock worth $40,000 after acquiring an additional 3,186 shares during the last quarter. Barclays PLC grew its position in shares of Ranger Energy Services by 50.2% during the 3rd quarter. Barclays PLC now owns 4,713 shares of the company’s stock valued at $67,000 after acquiring an additional 1,575 shares during the period. Victory Capital Management Inc. purchased a new stake in shares of Ranger Energy Services in the 4th quarter worth $96,000. Finally, Ritholtz Wealth Management increased its stake in shares of Ranger Energy Services by 53.6% in the 4th quarter. Ritholtz Wealth Management now owns 19,444 shares of the company’s stock worth $199,000 after purchasing an additional 6,788 shares in the last quarter. 68.10% of the stock is currently owned by institutional investors.

Ranger Energy Services Price Performance

NYSE RNGR opened at $10.55 on Thursday. The business’s fifty day moving average is $10.27 and its 200 day moving average is $10.45. Ranger Energy Services, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $14.64. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.90 and a current ratio of 2.01. The company has a market capitalization of $241.42 million, a PE ratio of 15.51 and a beta of 0.61.

Ranger Energy Services (NYSE:RNGR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.08). The company had revenue of $136.90 million for the quarter, compared to analysts’ expectations of $135.00 million. Ranger Energy Services had a net margin of 2.73% and a return on equity of 6.18%. Sell-side analysts predict that Ranger Energy Services, Inc. will post 0.43 earnings per share for the current year.

Ranger Energy Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were paid a $0.05 dividend. The ex-dividend date was Thursday, May 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.90%. Ranger Energy Services’s dividend payout ratio (DPR) is presently 29.41%.

Insider Activity

In other news, CFO Melissa Cougle bought 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was bought at an average price of $9.60 per share, with a total value of $72,000.00. Following the acquisition, the chief financial officer now owns 71,842 shares of the company’s stock, valued at approximately $689,683.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.00% of the company’s stock.

Ranger Energy Services Profile

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.