Barclays PLC Purchases 15,139 Shares of Ranger Energy Services, Inc. (NYSE:RNGR)

Barclays PLC boosted its position in Ranger Energy Services, Inc. (NYSE:RNGR) by 82.9% during the 3rd quarter, Holdings Channel reports. The fund owned 33,404 shares of the company’s stock after buying an additional 15,139 shares during the period. Barclays PLC’s holdings in Ranger Energy Services were worth $398,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Ranger Energy Services by 2.5% in the 3rd quarter. State Street Corp now owns 323,244 shares of the company’s stock worth $3,850,000 after purchasing an additional 8,008 shares in the last quarter. JB Capital Partners LP raised its holdings in Ranger Energy Services by 46.3% during the third quarter. JB Capital Partners LP now owns 36,576 shares of the company’s stock worth $434,000 after buying an additional 11,576 shares during the last quarter. Foundry Partners LLC lifted its stake in shares of Ranger Energy Services by 10.1% in the third quarter. Foundry Partners LLC now owns 450,897 shares of the company’s stock valued at $5,370,000 after buying an additional 41,321 shares in the last quarter. Quest Partners LLC grew its holdings in shares of Ranger Energy Services by 24.4% during the third quarter. Quest Partners LLC now owns 3,687 shares of the company’s stock valued at $44,000 after buying an additional 723 shares during the last quarter. Finally, Empowered Funds LLC increased its position in shares of Ranger Energy Services by 15.0% during the third quarter. Empowered Funds LLC now owns 124,244 shares of the company’s stock worth $1,480,000 after acquiring an additional 16,178 shares in the last quarter. Institutional investors own 68.10% of the company’s stock.

Insiders Place Their Bets

In other Ranger Energy Services news, Director Brett T. Agee sold 91,488 shares of Ranger Energy Services stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $16.68, for a total transaction of $1,526,019.84. Following the transaction, the director now owns 2,446,155 shares of the company’s stock, valued at $40,801,865.40. This trade represents a 3.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brett T. Agee sold 61,905 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were 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 directly owns 31,905 shares of the company’s stock, valued at approximately $531,856.35. This represents a 65.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 415,836 shares of company stock valued at $6,863,316 in the last three months. 2.00% of the stock is currently owned by insiders.

Ranger Energy Services Price Performance

RNGR opened at $16.43 on Friday. The firm has a market capitalization of $365.49 million, a PE ratio of 24.89 and a beta of 0.51. Ranger Energy Services, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $17.20. The company’s 50-day moving average is $15.27 and its 200 day moving average is $12.87.

Ranger Energy Services (NYSE:RNGR) last issued its quarterly earnings data on Monday, October 28th. The company reported $0.39 EPS for the quarter, topping the consensus estimate 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 company earned $0.38 earnings per share.

Ranger Energy Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.22%. The ex-dividend date was Friday, November 8th. Ranger Energy Services’s dividend payout ratio (DPR) is presently 30.30%.

Ranger Energy Services 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.