Ranger Energy Services, Inc. (NYSE:RNGR - Get Free Report) Director Brett T. Agee sold 30,791 shares of the company's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $15.52, for a total transaction of $477,876.32. Following the sale, the director now directly owns 1,863,208 shares in the company, valued at $28,916,988.16. This trade represents a 1.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Brett T. Agee also recently made the following trade(s):
- On Thursday, November 21st, Brett T. Agee sold 61,905 shares of Ranger Energy Services stock. The shares were sold at an average price of $16.67, for a total value of $1,031,956.35.
Ranger Energy Services Price Performance
NYSE RNGR opened at $15.40 on Tuesday. Ranger Energy Services, Inc. has a one year low of $9.27 and a one year high of $17.20. The business has a 50 day simple moving average of $14.54 and a 200 day simple moving average of $12.44. The stock has a market capitalization of $342.54 million, a P/E ratio of 23.33 and a beta of 0.51.
Ranger Energy Services (NYSE:RNGR - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. The company had revenue of $153.00 million during the quarter. Ranger Energy Services had a net margin of 2.54% and a return on equity of 5.54%. During the same quarter in the prior year, the firm earned $0.38 EPS.
Ranger Energy Services Dividend Announcement
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The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.05 per share. The ex-dividend date was Friday, November 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.30%. Ranger Energy Services's dividend payout ratio (DPR) is presently 30.30%.
Institutional Trading of Ranger Energy Services
Several large investors have recently made changes to their positions in RNGR. Encompass Capital Advisors LLC boosted its holdings in Ranger Energy Services by 2.4% in the second quarter. Encompass Capital Advisors LLC now owns 1,550,241 shares of the company's stock worth $16,309,000 after acquiring an additional 36,946 shares in the last quarter. Royce & Associates LP raised its position in shares of Ranger Energy Services by 5.9% during the third quarter. Royce & Associates LP now owns 981,998 shares of the company's stock worth $11,696,000 after purchasing an additional 54,737 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Ranger Energy Services by 13.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 903,789 shares of the company's stock worth $9,508,000 after purchasing an additional 107,853 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new stake in Ranger Energy Services in the 2nd quarter valued at $5,337,000. Finally, Foundry Partners LLC increased its stake in Ranger Energy Services by 10.1% during the 3rd quarter. Foundry Partners LLC now owns 450,897 shares of the company's stock valued at $5,370,000 after purchasing an additional 41,321 shares in the last quarter. 68.10% of the stock is currently owned by institutional investors and hedge funds.
About Ranger Energy Services
(
Get Free Report)
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.
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