SandRidge Energy, Inc. (NYSE:SD) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in SandRidge Energy, Inc. (NYSE:SD) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,256,320 shares of the oil and natural gas company’s stock after buying an additional 4,881 shares during the period. Dimensional Fund Advisors LP’s holdings in SandRidge Energy were worth $16,244,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. grew its position in shares of SandRidge Energy by 88.4% during the first quarter. Russell Investments Group Ltd. now owns 227,320 shares of the oil and natural gas company’s stock worth $3,312,000 after acquiring an additional 106,667 shares during the last quarter. Caxton Associates LP increased its stake in shares of SandRidge Energy by 690.0% in the first quarter. Caxton Associates LP now owns 118,492 shares of the oil and natural gas company’s stock valued at $1,726,000 after purchasing an additional 103,493 shares during the period. Denali Advisors LLC raised its holdings in shares of SandRidge Energy by 87.2% during the first quarter. Denali Advisors LLC now owns 172,800 shares of the oil and natural gas company’s stock valued at $2,518,000 after buying an additional 80,500 shares during the last quarter. LSV Asset Management boosted its position in shares of SandRidge Energy by 11.9% during the first quarter. LSV Asset Management now owns 77,100 shares of the oil and natural gas company’s stock worth $1,123,000 after buying an additional 8,192 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of SandRidge Energy by 469.9% during the first quarter. SG Americas Securities LLC now owns 129,764 shares of the oil and natural gas company’s stock worth $1,891,000 after buying an additional 106,995 shares during the period. 61.84% of the stock is currently owned by institutional investors.

SandRidge Energy Price Performance

SD opened at $12.93 on Friday. The stock’s 50 day moving average price is $12.61 and its 200 day moving average price is $13.36. The stock has a market cap of $480.03 million, a P/E ratio of 9.93 and a beta of 2.09. SandRidge Energy, Inc. has a 12 month low of $11.48 and a 12 month high of $16.60.

SandRidge Energy (NYSE:SD) last issued its quarterly earnings results on Wednesday, August 7th. The oil and natural gas company reported $0.17 EPS for the quarter. The company had revenue of $25.98 million for the quarter. SandRidge Energy had a return on equity of 9.88% and a net margin of 31.47%.

SandRidge Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were given a dividend of $0.11 per share. The ex-dividend date was Friday, August 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.40%. SandRidge Energy’s dividend payout ratio (DPR) is 33.85%.

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.