SG Americas Securities LLC Purchases 1,738 Shares of SandRidge Energy, Inc. (NYSE:SD)

SG Americas Securities LLC raised its position in SandRidge Energy, Inc. (NYSE:SD) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,526 shares of the oil and natural gas company’s stock after purchasing an additional 1,738 shares during the period. SG Americas Securities LLC owned approximately 0.16% of SandRidge Energy worth $697,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Quarry LP bought a new position in shares of SandRidge Energy during the 2nd quarter valued at about $25,000. Copeland Capital Management LLC acquired a new stake in SandRidge Energy during the 3rd quarter worth approximately $36,000. nVerses Capital LLC lifted its stake in SandRidge Energy by 57.9% in the third quarter. nVerses Capital LLC now owns 3,000 shares of the oil and natural gas company’s stock valued at $37,000 after buying an additional 1,100 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of SandRidge Energy by 6.4% in the second quarter. The Manufacturers Life Insurance Company now owns 12,496 shares of the oil and natural gas company’s stock valued at $162,000 after buying an additional 756 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of SandRidge Energy during the third quarter worth $186,000. Institutional investors own 61.84% of the company’s stock.

SandRidge Energy Stock Down 0.1 %

Shares of NYSE:SD opened at $12.16 on Friday. The firm has a market cap of $452.34 million, a price-to-earnings ratio of 9.50 and a beta of 2.10. SandRidge Energy, Inc. has a 12 month low of $10.31 and a 12 month high of $15.31. The company’s fifty day simple moving average is $11.67 and its 200 day simple moving average is $12.12.

SandRidge Energy (NYSE:SD) last released its quarterly earnings results on Wednesday, November 6th. The oil and natural gas company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.08). The firm had revenue of $30.06 million during the quarter. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.62%. The ex-dividend date was Friday, November 15th. SandRidge Energy’s payout ratio is 34.38%.

About SandRidge Energy

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.