Ranger Energy Services, Inc. (NYSE:RNGR) Stock Holdings Increased by Barclays PLC

Barclays PLC raised its holdings in shares of Ranger Energy Services, Inc. (NYSE:RNGR) by 82.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,404 shares of the company’s stock after buying an additional 15,139 shares during the period. Barclays PLC owned about 0.15% of Ranger Energy Services worth $398,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in RNGR. Quest Partners LLC lifted its position in shares of Ranger Energy Services by 24.4% during 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 during the last quarter. Copeland Capital Management LLC purchased a new stake in shares of Ranger Energy Services during the third quarter valued at $51,000. Acadian Asset Management LLC purchased a new stake in shares of Ranger Energy Services during the second quarter valued at $125,000. Hsbc Holdings PLC purchased a new position in Ranger Energy Services in the 2nd quarter worth about $134,000. Finally, SG Americas Securities LLC purchased a new position in Ranger Energy Services in the 3rd quarter worth about $147,000. Institutional investors and hedge funds own 68.10% of the company’s stock.

Ranger Energy Services Trading Down 0.3 %

RNGR stock opened at $17.56 on Friday. The firm has a 50-day moving average of $15.81 and a two-hundred day moving average of $13.32. The firm has a market capitalization of $390.71 million, a PE ratio of 26.61 and a beta of 0.54. Ranger Energy Services, Inc. has a one year low of $9.27 and a one year high of $17.90.

Ranger Energy Services (NYSE:RNGR) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $153.00 million during the quarter. During the same period in the prior year, the business posted $0.38 EPS.

Ranger Energy Services Dividend Announcement

The firm also recently declared 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. This represents a $0.20 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Friday, November 8th. Ranger Energy Services’s payout ratio is 30.30%.

Insider Buying and Selling

In other Ranger Energy Services news, Director Brett T. Agee sold 8,236 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $16.73, for a total value of $137,788.28. Following the transaction, the director now owns 2,350,664 shares in the company, valued at $39,326,608.72. The trade was a 0.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Brett T. Agee sold 61,905 shares of the business’s stock in a transaction that occurred on 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 sale, the director now directly owns 31,905 shares of the company’s stock, valued at approximately $531,856.35. The trade was a 65.99 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 415,836 shares of company stock valued at $6,863,316. Corporate 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.