Jump Financial LLC Takes Position in Berry Co. (NASDAQ:BRY)

Jump Financial LLC acquired a new position in shares of Berry Co. (NASDAQ:BRY - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 156,481 shares of the energy company's stock, valued at approximately $646,000. Jump Financial LLC owned about 0.20% of Berry as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. raised its holdings in shares of Berry by 54.9% in the fourth quarter. Meeder Asset Management Inc. now owns 12,114 shares of the energy company's stock worth $50,000 after acquiring an additional 4,294 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Berry by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 269,502 shares of the energy company's stock worth $1,385,000 after acquiring an additional 4,686 shares during the last quarter. FMR LLC raised its holdings in shares of Berry by 40.9% in the third quarter. FMR LLC now owns 17,606 shares of the energy company's stock worth $90,000 after acquiring an additional 5,115 shares during the last quarter. R Squared Ltd acquired a new position in Berry in the fourth quarter valued at $29,000. Finally, EMC Capital Management lifted its position in Berry by 149.7% during the fourth quarter. EMC Capital Management now owns 13,780 shares of the energy company's stock worth $57,000 after buying an additional 8,261 shares during the period. 94.88% of the stock is owned by institutional investors and hedge funds.

Berry Trading Up 2.0 %

BRY traded up $0.05 during midday trading on Monday, hitting $2.61. The company's stock had a trading volume of 548,594 shares, compared to its average volume of 1,140,297. The firm has a market cap of $202.53 million, a P/E ratio of 2.42 and a beta of 1.34. Berry Co. has a 52-week low of $2.11 and a 52-week high of $8.88. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $3.11 and a two-hundred day moving average price of $4.01.

Berry (NASDAQ:BRY - Get Free Report) last announced its quarterly earnings data on Wednesday, March 12th. The energy company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.09. The business had revenue of $167.06 million for the quarter, compared to analyst estimates of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. On average, research analysts anticipate that Berry Co. will post 0.58 earnings per share for the current year.

Berry Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Saturday, March 22nd were issued a dividend of $0.03 per share. The ex-dividend date was Friday, March 21st. This represents a $0.12 annualized dividend and a dividend yield of 4.60%. Berry's payout ratio is currently 48.00%.

Berry Profile

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company's principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.