Ranger Energy Services, Inc. (NYSE:RNGR) Shares Sold by Jane Street Group LLC

Jane Street Group LLC trimmed its holdings in Ranger Energy Services, Inc. (NYSE:RNGR) by 10.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,733 shares of the company’s stock after selling 1,813 shares during the period. Jane Street Group LLC’s holdings in Ranger Energy Services were worth $187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quest Partners LLC lifted its holdings in shares of Ranger Energy Services by 24.4% during the 3rd quarter. Quest Partners LLC now owns 3,687 shares of the company’s stock worth $44,000 after acquiring an additional 723 shares during the period. Victory Capital Management Inc. increased its position in Ranger Energy Services by 4.2% during the second quarter. Victory Capital Management Inc. now owns 38,834 shares of the company’s stock worth $409,000 after purchasing an additional 1,576 shares during the last quarter. Rhumbline Advisers raised its stake in Ranger Energy Services by 18.1% during the second quarter. Rhumbline Advisers now owns 23,034 shares of the company’s stock worth $242,000 after purchasing an additional 3,528 shares during the period. Copeland Capital Management LLC acquired a new position in shares of Ranger Energy Services in the 3rd quarter valued at $51,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of Ranger Energy Services by 4.8% in the 2nd quarter. Renaissance Technologies LLC now owns 168,390 shares of the company’s stock valued at $1,771,000 after purchasing an additional 7,700 shares during the last quarter. Hedge funds and other institutional investors own 68.10% of the company’s stock.

Ranger Energy Services Stock Up 2.4 %

RNGR stock opened at $15.85 on Monday. The company has a market cap of $352.58 million, a price-to-earnings ratio of 24.02 and a beta of 0.54. The business has a fifty day simple moving average of $15.56 and a 200-day simple moving average of $13.10. Ranger Energy Services, Inc. has a 52 week low of $9.27 and a 52 week high of $17.20.

Ranger Energy Services (NYSE:RNGR) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. The firm had revenue of $153.00 million during the quarter. Ranger Energy Services had a return on equity of 5.54% and a net margin of 2.54%. During the same period last year, the firm posted $0.38 EPS.

Ranger Energy Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Friday, November 8th. Ranger Energy Services’s dividend payout ratio (DPR) is presently 30.30%.

Insider Activity at Ranger Energy Services

In other Ranger Energy Services news, Director Brett T. Agee sold 61,905 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $16.67, for a total value of $1,031,956.35. Following the completion of the transaction, the director now owns 31,905 shares in the company, valued at $531,856.35. This represents a 65.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brett T. Agee sold 19,209 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $15.30, for a total transaction of $293,897.70. Following the completion of the sale, the director now directly owns 1,843,999 shares of the company’s stock, valued at $28,213,184.70. This trade represents a 1.03 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 415,836 shares of company stock worth $6,863,316. Company insiders own 3.00% of the company’s stock.

Ranger Energy Services Company 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.