Riley Exploration Permian, Inc. (NYSE:REPX) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) by 76.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,632 shares of the company's stock after selling 37,399 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.05% of Riley Exploration Permian worth $371,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. New York State Teachers Retirement System acquired a new stake in Riley Exploration Permian in the 4th quarter valued at about $33,000. Summit Investment Advisors Inc. increased its holdings in shares of Riley Exploration Permian by 44.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,189 shares of the company's stock valued at $38,000 after purchasing an additional 368 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Riley Exploration Permian in the fourth quarter valued at approximately $77,000. Travelers Companies Inc. acquired a new position in Riley Exploration Permian during the fourth quarter worth $80,000. Finally, Quantbot Technologies LP acquired a new position in Riley Exploration Permian during the fourth quarter worth $110,000. 58.91% of the stock is owned by hedge funds and other institutional investors.

Riley Exploration Permian Trading Down 0.5%

Shares of NYSE REPX traded down $0.15 during trading on Thursday, hitting $28.31. 67,604 shares of the company were exchanged, compared to its average volume of 104,313. The company has a fifty day moving average price of $25.93 and a 200-day moving average price of $30.02. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.64 and a current ratio of 0.70. The firm has a market capitalization of $623.47 million, a PE ratio of 5.02 and a beta of 1.54. Riley Exploration Permian, Inc. has a 12-month low of $21.98 and a 12-month high of $37.55.

Riley Exploration Permian Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, April 24th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date was Thursday, April 24th. Riley Exploration Permian's dividend payout ratio is presently 32.48%.

Insider Buying and Selling

In other Riley Exploration Permian news, CFO Philip A. Riley sold 1,759 shares of Riley Exploration Permian stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $29.17, for a total value of $51,310.03. Following the completion of the transaction, the chief financial officer now directly owns 188,172 shares of the company's stock, valued at $5,488,977.24. The trade was a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Bobby Riley sold 2,681 shares of the stock in a transaction dated 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 in the company, valued at $12,824,182.12. This represents a 0.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,977 shares of company stock worth $593,149. Company insiders own 4.70% of the company's stock.

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.