Berry Co. (NASDAQ:BRY) Shares Acquired by Susquehanna International Group LLP

Susquehanna International Group LLP boosted its holdings in Berry Co. (NASDAQ:BRY - Free Report) by 964.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 835,592 shares of the energy company's stock after buying an additional 757,087 shares during the quarter. Susquehanna International Group LLP owned approximately 1.09% of Berry worth $3,451,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BRY. R Squared Ltd acquired a new position in Berry in the fourth quarter valued at $29,000. Meeder Asset Management Inc. increased its position in 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 during the period. EMC Capital Management lifted its stake in Berry by 149.7% in the fourth quarter. EMC Capital Management now owns 13,780 shares of the energy company's stock valued at $57,000 after buying an additional 8,261 shares during the last quarter. RPO LLC purchased a new position in shares of Berry during the fourth quarter worth approximately $62,000. Finally, AXQ Capital LP acquired a new position in shares of Berry in the 4th quarter valued at $65,000. 94.88% of the stock is currently owned by institutional investors and hedge funds.

Berry Stock Down 7.7 %

Shares of NASDAQ:BRY opened at $2.39 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market cap of $185.45 million, a P/E ratio of 2.21 and a beta of 1.34. Berry Co. has a 1-year low of $2.11 and a 1-year high of $8.20. The firm has a fifty day moving average price of $2.94 and a 200 day moving average price of $3.92.

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

Berry Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.12 dividend on an annualized basis and a yield of 5.02%. Berry's dividend payout ratio (DPR) is 48.00%.

Berry Company 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.

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