XTX Topco Ltd Takes Position in Berry Co. (NASDAQ:BRY)

XTX Topco Ltd acquired a new position in Berry Co. (NASDAQ:BRY - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 109,352 shares of the energy company's stock, valued at approximately $452,000. XTX Topco Ltd owned approximately 0.14% of Berry at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BRY. R Squared Ltd purchased a new stake in shares of Berry in the fourth quarter valued at approximately $29,000. McIlrath & Eck LLC acquired a new stake in shares of Berry during the third quarter worth about $47,000. Meeder Asset Management Inc. grew its position in shares of Berry by 54.9% during the fourth quarter. Meeder Asset Management Inc. now owns 12,114 shares of the energy company's stock worth $50,000 after buying an additional 4,294 shares in the last quarter. EMC Capital Management increased its holdings in shares of Berry by 149.7% in the 4th quarter. EMC Capital Management now owns 13,780 shares of the energy company's stock valued at $57,000 after acquiring an additional 8,261 shares during the last quarter. Finally, RPO LLC purchased a new position in Berry during the 4th quarter worth approximately $62,000. 94.88% of the stock is currently owned by hedge funds and other institutional investors.

Berry Stock Performance

Berry stock traded up $0.11 during trading hours on Friday, reaching $2.56. 803,638 shares of the stock were exchanged, compared to its average volume of 1,140,650. The firm's 50 day moving average is $3.15 and its 200 day moving average is $4.05. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $197.67 million, a P/E ratio of 2.37 and a beta of 1.34. Berry Co. has a 52-week low of $2.11 and a 52-week high of $8.88.

Berry (NASDAQ:BRY - Get Free Report) last released its earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.09. Berry had a net margin of 9.40% and a return on equity of 6.50%. The company had revenue of $167.06 million for the quarter, compared to analyst estimates of $173.00 million. Analysts predict that Berry Co. will post 0.58 EPS for the current fiscal year.

Berry Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend was Friday, March 21st. Berry's dividend payout ratio (DPR) is 48.00%.

Berry Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.