Empowered Funds LLC Buys 19,820 Shares of Berry Co. (NASDAQ:BRY)

Empowered Funds LLC increased its stake in shares of Berry Co. (NASDAQ:BRY) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 407,832 shares of the energy company’s stock after acquiring an additional 19,820 shares during the quarter. Empowered Funds LLC owned approximately 0.53% of Berry worth $1,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of BRY. R Squared Ltd purchased a new stake in Berry in the 4th quarter worth approximately $29,000. McIlrath & Eck LLC purchased a new stake in Berry in the 3rd quarter worth approximately $47,000. EMC Capital Management lifted its holdings in Berry by 149.7% in the 4th quarter. EMC Capital Management now owns 13,780 shares of the energy company’s stock worth $57,000 after buying an additional 8,261 shares during the period. Quarry LP lifted its holdings in Berry by 390.6% in the 3rd quarter. Quarry LP now owns 12,643 shares of the energy company’s stock worth $65,000 after buying an additional 10,066 shares during the period. Finally, Caprock Group LLC purchased a new stake in Berry in the 4th quarter worth approximately $70,000. 94.88% of the stock is currently owned by institutional investors.

Berry Trading Up 1.9 %

BRY opened at $4.35 on Friday. The stock has a market cap of $334.69 million, a PE ratio of 4.03 and a beta of 1.62. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average of $4.37 and a 200-day moving average of $4.96. Berry Co. has a 52 week low of $3.72 and a 52 week high of $8.88.

Analysts Set New Price Targets

Separately, Piper Sandler dropped their price objective on Berry from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, November 18th.

Berry Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.