Susquehanna International Group LLP Has $3.45 Million Position in Berry Co. (NASDAQ:BRY)

Susquehanna International Group LLP lifted its stake in shares of Berry Co. (NASDAQ:BRY - Free Report) by 964.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 835,592 shares of the energy company's stock after purchasing an additional 757,087 shares during the period. Susquehanna International Group LLP owned approximately 1.09% of Berry worth $3,451,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BRY. Barclays PLC lifted its holdings in Berry by 155.2% in the third quarter. Barclays PLC now owns 200,120 shares of the energy company's stock valued at $1,029,000 after buying an additional 121,693 shares during the period. JPMorgan Chase & Co. lifted its holdings in Berry by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 269,502 shares of the energy company's stock valued at $1,385,000 after buying an additional 4,686 shares during the period. Wedge Capital Management L L P NC lifted its holdings in Berry by 29.5% in the fourth quarter. Wedge Capital Management L L P NC now owns 102,185 shares of the energy company's stock valued at $422,000 after buying an additional 23,266 shares during the period. SG Americas Securities LLC lifted its holdings in Berry by 54.2% in the fourth quarter. SG Americas Securities LLC now owns 41,475 shares of the energy company's stock valued at $171,000 after buying an additional 14,579 shares during the period. Finally, R Squared Ltd acquired a new position in Berry in the fourth quarter valued at approximately $29,000. 94.88% of the stock is currently owned by institutional investors and hedge funds.

Berry Trading Up 3.2%

BRY traded up $0.09 during mid-day trading on Friday, hitting $2.93. The stock had a trading volume of 833,874 shares, compared to its average volume of 1,116,211. The stock's fifty day simple moving average is $2.84 and its 200-day simple moving average is $3.85. 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 firm has a market capitalization of $227.36 million, a price-to-earnings ratio of 2.71 and a beta of 1.15. Berry Co. has a 1-year low of $2.11 and a 1-year high of $7.57.

Berry (NASDAQ:BRY - Get Free Report) last posted its earnings results on Thursday, May 8th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. The company had revenue of $182.65 million for the quarter, compared to analyst estimates of $177.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. As a group, research analysts forecast that Berry Co. will post 0.58 EPS for the current fiscal year.

Berry Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 19th will be issued a dividend of $0.03 per share. The ex-dividend date is Monday, May 19th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 4.10%. Berry's payout ratio is -25.53%.

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.