Barclays PLC Acquires 15,139 Shares of Ranger Energy Services, Inc. (NYSE:RNGR)

Barclays PLC grew its holdings in Ranger Energy Services, Inc. (NYSE:RNGR) by 82.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 33,404 shares of the company’s stock after purchasing an additional 15,139 shares during the period. Barclays PLC owned approximately 0.15% of Ranger Energy Services worth $398,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Quest Partners LLC lifted its stake 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 purchasing an additional 723 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Ranger Energy Services by 4.2% in the 2nd quarter. Victory Capital Management Inc. now owns 38,834 shares of the company’s stock valued at $409,000 after acquiring an additional 1,576 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Ranger Energy Services by 18.1% during the 2nd quarter. Rhumbline Advisers now owns 23,034 shares of the company’s stock valued at $242,000 after acquiring an additional 3,528 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in shares of Ranger Energy Services during the 3rd quarter valued at $51,000. Finally, Renaissance Technologies LLC grew its position in Ranger Energy Services by 4.8% during the 2nd quarter. Renaissance Technologies LLC now owns 168,390 shares of the company’s stock worth $1,771,000 after acquiring an additional 7,700 shares during the last quarter. Institutional investors own 68.10% of the company’s stock.

Insider Transactions at Ranger Energy Services

In other Ranger Energy Services news, Director Brett T. Agee sold 91,488 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $16.68, for a total transaction of $1,526,019.84. Following the completion of the sale, the director now directly owns 2,446,155 shares in the company, valued at approximately $40,801,865.40. This trade represents a 3.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Brett T. Agee sold 61,905 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $16.67, for a total value of $1,031,956.35. Following the completion of the transaction, the director now directly owns 31,905 shares in the company, valued at $531,856.35. This represents a 65.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 415,836 shares of company stock worth $6,863,316 over the last ninety days. 2.00% of the stock is owned by insiders.

Ranger Energy Services Trading Up 0.7 %

Ranger Energy Services stock opened at $16.43 on Friday. The stock has a 50-day moving average price of $15.27 and a two-hundred day moving average price of $12.87. Ranger Energy Services, Inc. has a 12 month low of $9.27 and a 12 month high of $17.20. The company has a market capitalization of $365.49 million, a PE ratio of 24.89 and a beta of 0.51.

Ranger Energy Services (NYSE:RNGR) last posted its earnings results on Monday, October 28th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.29 by $0.10. Ranger Energy Services had a net margin of 2.54% and a return on equity of 5.54%. The business had revenue of $153.00 million for the quarter. During the same quarter in the prior year, the business earned $0.38 earnings per share.

Ranger Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.22%. Ranger Energy Services’s dividend payout ratio (DPR) is presently 30.30%.

About Ranger Energy Services

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.