Cubist Systematic Strategies LLC Has $103,000 Holdings in VAALCO Energy, Inc. (NYSE:EGY)

Cubist Systematic Strategies LLC decreased its holdings in shares of VAALCO Energy, Inc. (NYSE:EGY) by 95.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,393 shares of the energy company’s stock after selling 376,207 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in VAALCO Energy were worth $103,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EGY. Dimensional Fund Advisors LP grew its stake in shares of VAALCO Energy by 7,129.3% during the second quarter. Dimensional Fund Advisors LP now owns 895,210 shares of the energy company’s stock worth $5,613,000 after buying an additional 882,827 shares during the last quarter. American Century Companies Inc. increased its holdings in VAALCO Energy by 33.2% in the 2nd quarter. American Century Companies Inc. now owns 2,813,832 shares of the energy company’s stock worth $17,643,000 after purchasing an additional 701,568 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its holdings in VAALCO Energy by 5.9% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 2,417,950 shares of the energy company’s stock worth $15,161,000 after purchasing an additional 134,615 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of VAALCO Energy by 2.1% during the first quarter. Vanguard Group Inc. now owns 6,024,145 shares of the energy company’s stock valued at $41,988,000 after purchasing an additional 124,853 shares in the last quarter. Finally, Foundry Partners LLC grew its holdings in shares of VAALCO Energy by 12.0% during the first quarter. Foundry Partners LLC now owns 982,350 shares of the energy company’s stock worth $6,847,000 after purchasing an additional 105,145 shares during the last quarter. 50.32% of the stock is currently owned by institutional investors and hedge funds.

VAALCO Energy Stock Down 4.1 %

NYSE:EGY opened at $5.79 on Wednesday. VAALCO Energy, Inc. has a one year low of $3.85 and a one year high of $7.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.19 and a quick ratio of 1.15. The company has a market cap of $600.14 million, a PE ratio of 7.14 and a beta of 1.17. The firm’s 50 day simple moving average is $6.07 and its 200 day simple moving average is $6.35.

VAALCO Energy (NYSE:EGY) last issued its quarterly earnings data on Tuesday, August 6th. The energy company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.09. The company had revenue of $116.78 million for the quarter, compared to analysts’ expectations of $119.30 million. VAALCO Energy had a net margin of 17.82% and a return on equity of 16.00%. During the same quarter in the previous year, the firm posted $0.11 earnings per share. On average, research analysts anticipate that VAALCO Energy, Inc. will post 0.59 earnings per share for the current year.

VAALCO Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 23rd were given a dividend of $0.063 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.36%. VAALCO Energy’s dividend payout ratio (DPR) is 30.86%.

About VAALCO Energy

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.