ExodusPoint Capital Management LP Invests $762,000 in SandRidge Energy, Inc. (NYSE:SD)

ExodusPoint Capital Management LP acquired a new stake in SandRidge Energy, Inc. (NYSE:SD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 65,039 shares of the oil and natural gas company's stock, valued at approximately $762,000. ExodusPoint Capital Management LP owned about 0.17% of SandRidge Energy as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in SD. Barclays PLC boosted its stake in shares of SandRidge Energy by 87.3% during the 3rd quarter. Barclays PLC now owns 86,752 shares of the oil and natural gas company's stock valued at $1,062,000 after purchasing an additional 40,427 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SandRidge Energy during the fourth quarter valued at $1,876,000. SG Americas Securities LLC raised its position in shares of SandRidge Energy by 3.0% in the 4th quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company's stock worth $697,000 after purchasing an additional 1,738 shares during the last quarter. Geode Capital Management LLC boosted its stake in SandRidge Energy by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 742,169 shares of the oil and natural gas company's stock worth $9,079,000 after purchasing an additional 11,300 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in SandRidge Energy by 305.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 129,361 shares of the oil and natural gas company's stock valued at $1,515,000 after purchasing an additional 97,481 shares during the last quarter. Institutional investors own 61.84% of the company's stock.

SandRidge Energy Trading Up 2.3 %

NYSE:SD traded up $0.22 on Thursday, reaching $9.61. 47,178 shares of the stock traded hands, compared to its average volume of 300,308. The company has a market capitalization of $356.96 million, a price-to-earnings ratio of 7.51 and a beta of 1.66. SandRidge Energy, Inc. has a 12 month low of $8.81 and a 12 month high of $14.85. The company's fifty day simple moving average is $11.14 and its 200 day simple moving average is $11.53.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.14). The firm had revenue of $38.97 million for the quarter, compared to the consensus estimate of $50.27 million. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.58%. The ex-dividend date was Thursday, March 20th. SandRidge Energy's dividend payout ratio is currently 25.88%.

About SandRidge Energy

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.