Riley Exploration Permian, Inc. (NYSE:REPX) Holdings Decreased by Two Sigma Investments LP

Two Sigma Investments LP reduced its holdings in Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) by 42.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,422 shares of the company's stock after selling 38,681 shares during the quarter. Two Sigma Investments LP owned approximately 0.24% of Riley Exploration Permian worth $1,673,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in REPX. SG Americas Securities LLC increased its stake in shares of Riley Exploration Permian by 24.7% during the 4th quarter. SG Americas Securities LLC now owns 5,100 shares of the company's stock valued at $163,000 after acquiring an additional 1,010 shares during the last quarter. Empowered Funds LLC grew its holdings in Riley Exploration Permian by 4.8% in the fourth quarter. Empowered Funds LLC now owns 30,987 shares of the company's stock valued at $989,000 after purchasing an additional 1,421 shares during the period. New York State Teachers Retirement System acquired a new position in Riley Exploration Permian during the fourth quarter worth approximately $33,000. Rhumbline Advisers increased its position in Riley Exploration Permian by 2.3% during the fourth quarter. Rhumbline Advisers now owns 16,867 shares of the company's stock worth $538,000 after purchasing an additional 380 shares during the last quarter. Finally, New York State Common Retirement Fund raised its stake in Riley Exploration Permian by 45.4% during the fourth quarter. New York State Common Retirement Fund now owns 32,644 shares of the company's stock worth $1,042,000 after purchasing an additional 10,200 shares during the period. 58.91% of the stock is currently owned by hedge funds and other institutional investors.

Riley Exploration Permian Trading Up 2.4%

Shares of REPX traded up $0.63 during mid-day trading on Friday, reaching $27.10. The company had a trading volume of 181,947 shares, compared to its average volume of 104,884. Riley Exploration Permian, Inc. has a fifty-two week low of $21.98 and a fifty-two week high of $37.55. The firm has a fifty day simple moving average of $25.96 and a 200-day simple moving average of $30.25. The stock has a market cap of $596.82 million, a price-to-earnings ratio of 4.80 and a beta of 1.54. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.53.

Riley Exploration Permian Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Thursday, April 24th. Riley Exploration Permian's dividend payout ratio (DPR) is presently 32.48%.

Insiders Place Their Bets

In related news, insider Corey Neil Riley sold 3,500 shares of Riley Exploration Permian stock in a transaction on Monday, March 10th. The shares were sold at an average price of $27.34, for a total transaction of $95,690.00. Following the transaction, the insider now owns 125,974 shares in the company, valued at approximately $3,444,129.16. The trade was a 2.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bobby Riley sold 2,681 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $29.17, for a total transaction of $78,204.77. Following the sale, the chief executive officer now directly owns 439,636 shares of the company's stock, valued at approximately $12,824,182.12. This trade represents a 0.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,477 shares of company stock worth $688,839 over the last three months. 4.70% of the stock is owned by insiders.

About Riley Exploration Permian

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.