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Quadrature Capital Ltd trimmed its position in shares of Riley Exploration Permian, Inc. (NYSE:REPX – Free Report) by 55.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,522 shares of the company’s stock after selling 11,685 shares during the quarter. Quadrature Capital Ltd’s holdings in Riley Exploration Permian were worth $304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of REPX. New York State Teachers Retirement System bought a new position in Riley Exploration Permian in the 3rd quarter worth $25,000. Advisor Group Holdings Inc. bought a new position in Riley Exploration Permian in the 4th quarter worth $26,000. Tower Research Capital LLC TRC raised its holdings in Riley Exploration Permian by 109.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 710 shares of the company’s stock worth $27,000 after purchasing an additional 371 shares during the period. FMR LLC raised its holdings in Riley Exploration Permian by 68.7% in the 2nd quarter. FMR LLC now owns 1,331 shares of the company’s stock worth $32,000 after purchasing an additional 542 shares during the period. Finally, Lazard Asset Management LLC bought a new position in Riley Exploration Permian in the 1st quarter worth $48,000. 73.10% of the stock is owned by institutional investors.
Riley Exploration Permian Price Performance
Shares of Riley Exploration Permian stock opened at $27.70 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.55 and a current ratio of 0.67. The stock’s fifty day moving average is $23.53 and its 200 day moving average is $27.33. The stock has a market cap of $565.91 million, a P/E ratio of 5.64 and a beta of 1.22. Riley Exploration Permian, Inc. has a one year low of $21.27 and a one year high of $47.79.
Riley Exploration Permian Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 8th. Shareholders of record on Thursday, January 25th were issued a dividend of $0.36 per share. The ex-dividend date was Wednesday, January 24th. This represents a $1.44 dividend on an annualized basis and a yield of 5.20%. Riley Exploration Permian’s dividend payout ratio is presently 25.81%.
Insider Buying and Selling at Riley Exploration Permian
In other Riley Exploration Permian news, major shareholder Riley Exploration Group, Llc sold 15,487 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $24.27, for a total transaction of $375,869.49. Following the sale, the insider now directly owns 2,232,980 shares of the company’s stock, valued at $54,194,424.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Riley Exploration Permian news, CEO Bobby Riley sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $27.41, for a total transaction of $205,575.00. Following the sale, the chief executive officer now directly owns 379,198 shares of the company’s stock, valued at $10,393,817.18. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Riley Exploration Group, Llc sold 15,487 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $24.27, for a total value of $375,869.49. Following the transaction, the insider now owns 2,232,980 shares of the company’s stock, valued at approximately $54,194,424.60. The disclosure for this sale can be found here. Insiders have sold a total of 90,748 shares of company stock valued at $2,122,838 over the last ninety days. 3.30% of the stock is currently owned by company insiders.
Riley Exploration Permian Profile
(Free Report)
Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company’s activities are primarily focused on the San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf.
Further Reading
Want to see what other hedge funds are holding REPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Riley Exploration Permian, Inc. (NYSE:REPX – Free Report).
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