Nuveen LLC Takes Position in Riley Exploration Permian, Inc. $REPX

Nuveen LLC purchased a new position in Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 31,761 shares of the company's stock, valued at approximately $926,000. Nuveen LLC owned about 0.14% of Riley Exploration Permian as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. SummerHaven Investment Management LLC grew its holdings in Riley Exploration Permian by 1.6% in the 1st quarter. SummerHaven Investment Management LLC now owns 28,067 shares of the company's stock worth $819,000 after acquiring an additional 434 shares during the last quarter. GAMMA Investing LLC grew its holdings in Riley Exploration Permian by 93.5% in the 1st quarter. GAMMA Investing LLC now owns 929 shares of the company's stock worth $27,000 after acquiring an additional 449 shares during the last quarter. CWM LLC grew its holdings in Riley Exploration Permian by 13.0% in the 1st quarter. CWM LLC now owns 4,221 shares of the company's stock worth $123,000 after acquiring an additional 486 shares during the last quarter. California State Teachers Retirement System grew its holdings in Riley Exploration Permian by 10.2% in the 4th quarter. California State Teachers Retirement System now owns 9,199 shares of the company's stock worth $294,000 after acquiring an additional 853 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its holdings in Riley Exploration Permian by 68.5% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 2,150 shares of the company's stock worth $61,000 after acquiring an additional 874 shares during the last quarter. Institutional investors own 58.91% of the company's stock.

Riley Exploration Permian Trading Up 1.9%

Riley Exploration Permian stock traded up $0.55 during trading hours on Thursday, reaching $28.98. The stock had a trading volume of 114,204 shares, compared to its average volume of 106,936. The stock has a market cap of $638.78 million, a PE ratio of 5.14 and a beta of 1.28. Riley Exploration Permian, Inc. has a 52 week low of $21.98 and a 52 week high of $37.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.70 and a quick ratio of 0.64. The company has a fifty day simple moving average of $27.16 and a 200-day simple moving average of $27.48.

Riley Exploration Permian Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 24th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, July 24th. This represents a $1.52 annualized dividend and a yield of 5.2%. Riley Exploration Permian's payout ratio is presently 33.55%.

Insider Activity

In related news, insider Corey Neil Riley sold 3,500 shares of the business's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $26.42, for a total transaction of $92,470.00. Following the sale, the insider owned 176,700 shares of the company's stock, valued at $4,668,414. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Bobby Riley sold 15,000 shares of Riley Exploration Permian stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $26.01, for a total transaction of $390,150.00. Following the completion of the transaction, the chief executive officer directly owned 399,636 shares of the company's stock, valued at $10,394,532.36. This trade represents a 3.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,500 shares of company stock worth $766,420 in the last three months. 4.70% of the stock is currently owned by insiders.

Riley Exploration Permian Profile

Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin.