D. E. Shaw & Co. Inc. Makes New $1.25 Million Investment in SandRidge Energy, Inc. (NYSE:SD)

D. E. Shaw & Co. Inc. bought a new stake in SandRidge Energy, Inc. (NYSE:SD - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 106,578 shares of the oil and natural gas company's stock, valued at approximately $1,248,000. D. E. Shaw & Co. Inc. owned approximately 0.29% of SandRidge Energy at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd lifted its stake in SandRidge Energy by 3.7% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 24,397 shares of the oil and natural gas company's stock worth $286,000 after purchasing an additional 870 shares during the last quarter. Northern Trust Corp grew its position in SandRidge Energy by 0.4% during the 4th quarter. Northern Trust Corp now owns 296,302 shares of the oil and natural gas company's stock worth $3,470,000 after purchasing an additional 1,294 shares during the last quarter. Teacher Retirement System of Texas raised its stake in SandRidge Energy by 1.0% during the 4th quarter. Teacher Retirement System of Texas now owns 143,881 shares of the oil and natural gas company's stock valued at $1,685,000 after acquiring an additional 1,474 shares during the last quarter. SG Americas Securities LLC lifted its position in SandRidge Energy by 3.0% during 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 acquiring an additional 1,738 shares during the period. Finally, Nebula Research & Development LLC grew its stake in shares of SandRidge Energy by 7.4% in the 4th quarter. Nebula Research & Development LLC now owns 33,366 shares of the oil and natural gas company's stock valued at $391,000 after purchasing an additional 2,307 shares during the last quarter. 61.84% of the stock is currently owned by hedge funds and other institutional investors.

SandRidge Energy Trading Up 0.2%

Shares of SandRidge Energy stock traded up $0.02 during trading hours on Wednesday, hitting $9.92. 24,970 shares of the company were exchanged, compared to its average volume of 301,135. The business has a 50-day moving average of $9.96 and a 200-day moving average of $11.10. SandRidge Energy, Inc. has a 1 year low of $8.81 and a 1 year high of $14.04. The stock has a market capitalization of $363.75 million, a price-to-earnings ratio of 7.75 and a beta of 0.84.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The oil and natural gas company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). The firm had revenue of $42.60 million for the quarter, compared to analysts' expectations of $43.32 million. SandRidge Energy had a return on equity of 7.92% and a net margin of 39.25%.

SandRidge Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be given a $0.11 dividend. The ex-dividend date is Monday, May 19th. This represents a $0.44 dividend on an annualized basis and a yield of 4.44%. SandRidge Energy's payout ratio is currently 25.14%.

SandRidge Energy Company Profile

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.