Quadrature Capital Ltd bought a new position in Ranger Energy Services, Inc. (NYSE:RNGR – Free Report) 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 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.
See Also
- Five stocks we like better than Ranger Energy Services
- Basic Materials Stocks Investing
- Stock Impact: McDonald’s Price War with Starbucks, Wendy’s
- What is a Dividend King?
- General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
- What Are Dividend Contenders? Investing in Dividend Contenders
- Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs
Want to see what other hedge funds are holding RNGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ranger Energy Services, Inc. (NYSE:RNGR – Free Report).
Receive News & Ratings for Ranger Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ranger Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.