SandRidge Energy, Inc. (NYSE:SD) Stock Position Lessened by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC decreased its holdings in SandRidge Energy, Inc. (NYSE:SD) by 60.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,756 shares of the oil and natural gas company’s stock after selling 39,103 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.07% of SandRidge Energy worth $302,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. SG Americas Securities LLC grew its stake in shares of SandRidge Energy by 3.0% in the fourth quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company’s stock worth $697,000 after purchasing an additional 1,738 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of SandRidge Energy by 10.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 27,570 shares of the oil and natural gas company’s stock worth $323,000 after purchasing an additional 2,634 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of SandRidge Energy by 9.5% in the third quarter. Sanctuary Advisors LLC now owns 39,895 shares of the oil and natural gas company’s stock worth $483,000 after purchasing an additional 3,451 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of SandRidge Energy by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 61,420 shares of the oil and natural gas company’s stock worth $751,000 after purchasing an additional 4,868 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of SandRidge Energy by 34.0% in the third quarter. BNP Paribas Financial Markets now owns 23,502 shares of the oil and natural gas company’s stock worth $287,000 after purchasing an additional 5,967 shares in the last quarter. Institutional investors own 61.84% of the company’s stock.

SandRidge Energy Stock Performance

NYSE:SD opened at $11.43 on Friday. The stock has a market cap of $425.17 million, a price-to-earnings ratio of 8.93 and a beta of 2.03. The business has a fifty day moving average of $11.97 and a 200-day moving average of $11.83. SandRidge Energy, Inc. has a 1 year low of $10.31 and a 1 year high of $15.31.

SandRidge Energy (NYSE:SD) last announced its quarterly earnings data on Monday, March 10th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.14). The firm had revenue of $38.97 million during the quarter, compared to analyst estimates of $50.27 million. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a $0.11 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.44 annualized dividend and a dividend yield of 3.85%. SandRidge Energy’s dividend payout ratio (DPR) is 34.38%.

SandRidge Energy Company Profile

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.