Thompson Siegel & Walmsley LLC Decreases Stake in SandRidge Energy, Inc. (NYSE:SD)

Thompson Siegel & Walmsley LLC reduced its position in shares of SandRidge Energy, Inc. (NYSE:SD - Free Report) by 47.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,468 shares of the oil and natural gas company's stock after selling 59,807 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.18% of SandRidge Energy worth $895,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SD. Lazard Asset Management LLC lifted its holdings in SandRidge Energy by 2.7% in the 3rd quarter. Lazard Asset Management LLC now owns 25,208 shares of the oil and natural gas company's stock worth $394,000 after buying an additional 674 shares during the period. Swiss National Bank boosted its holdings in SandRidge Energy by 1.8% in the third quarter. Swiss National Bank now owns 68,900 shares of the oil and natural gas company's stock valued at $1,079,000 after acquiring an additional 1,200 shares in the last quarter. Copeland Capital Management LLC purchased a new position in SandRidge Energy during the 4th quarter valued at $27,000. ORG Partners LLC bought a new position in SandRidge Energy in the 3rd quarter worth $50,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of SandRidge Energy by 114.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,113 shares of the oil and natural gas company's stock worth $111,000 after purchasing an additional 4,325 shares during the period. Hedge funds and other institutional investors own 61.84% of the company's stock.

SandRidge Energy Stock Down 0.3 %

Shares of NYSE:SD traded down $0.04 during midday trading on Friday, reaching $13.54. The company's stock had a trading volume of 404,771 shares, compared to its average volume of 240,950. The firm has a 50 day moving average of $14.19 and a 200-day moving average of $13.99. The firm has a market capitalization of $502.60 million, a P/E ratio of 10.42 and a beta of 2.16. SandRidge Energy, Inc. has a 12-month low of $11.51 and a 12-month high of $17.80.

SandRidge Energy (NYSE:SD - Get Free Report) last announced its quarterly earnings data on Wednesday, March 6th. The oil and natural gas company reported $0.35 earnings per share for the quarter. SandRidge Energy had a net margin of 35.52% and a return on equity of 11.41%. The business had revenue of $33.93 million for the quarter.

SandRidge Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Thursday, May 16th. SandRidge Energy's dividend payout ratio (DPR) is presently 33.85%.

Analysts Set New Price Targets

Separately, TheStreet cut shares of SandRidge Energy from a "b" rating to a "c+" rating in a research report on Wednesday, March 6th.

SandRidge Energy 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.