Berry Co. (NASDAQ:BRY) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund grew its holdings in Berry Co. (NASDAQ:BRY) by 59.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,036 shares of the energy company’s stock after acquiring an additional 25,800 shares during the period. New York State Common Retirement Fund owned about 0.09% of Berry worth $285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Berry by 1.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,729,339 shares of the energy company’s stock worth $11,682,000 after buying an additional 35,728 shares during the last quarter. Empowered Funds LLC raised its holdings in Berry by 5.1% in the 4th quarter. Empowered Funds LLC now owns 407,832 shares of the energy company’s stock worth $1,684,000 after purchasing an additional 19,820 shares during the period. Caprock Group LLC purchased a new position in Berry during the fourth quarter worth approximately $70,000. EMC Capital Management increased its position in shares of Berry by 149.7% in the fourth quarter. EMC Capital Management now owns 13,780 shares of the energy company’s stock valued at $57,000 after buying an additional 8,261 shares in the last quarter. Finally, R Squared Ltd acquired a new position in shares of Berry during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 94.88% of the company’s stock.

Berry Stock Down 2.8 %

BRY stock opened at $3.49 on Thursday. Berry Co. has a 52 week low of $3.36 and a 52 week high of $8.88. 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 firm has a 50-day simple moving average of $4.38 and a 200-day simple moving average of $4.77. The stock has a market capitalization of $268.52 million, a P/E ratio of 3.23 and a beta of 1.62.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price target on shares of Berry from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Monday, November 18th.

Berry Company 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.