269,249 Shares in Berry Co. (NASDAQ:BRY) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new position in shares of Berry Co. (NASDAQ:BRY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 269,249 shares of the energy company's stock, valued at approximately $1,112,000. Tudor Investment Corp ET AL owned about 0.35% of Berry as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BRY. Barclays PLC increased its holdings in shares of Berry by 155.2% in the 3rd quarter. Barclays PLC now owns 200,120 shares of the energy company's stock valued at $1,029,000 after purchasing an additional 121,693 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Berry by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 269,502 shares of the energy company's stock valued at $1,385,000 after buying an additional 4,686 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Berry by 29.5% during the 4th quarter. Wedge Capital Management L L P NC now owns 102,185 shares of the energy company's stock valued at $422,000 after acquiring an additional 23,266 shares during the period. SG Americas Securities LLC grew its holdings in shares of Berry by 54.2% in the 4th quarter. SG Americas Securities LLC now owns 41,475 shares of the energy company's stock worth $171,000 after acquiring an additional 14,579 shares during the period. Finally, R Squared Ltd purchased a new position in Berry in the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 94.88% of the company's stock.

Berry Price Performance

BRY traded up $0.09 during midday trading on Friday, reaching $2.93. 833,874 shares of the company's stock were exchanged, compared to its average volume of 1,118,611. The business's 50-day moving average price is $2.86 and its 200 day moving average price is $3.88. The stock has a market capitalization of $227.36 million, a PE ratio of 2.71 and a beta of 1.15. Berry Co. has a 1-year low of $2.11 and a 1-year high of $7.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80.

Berry (NASDAQ:BRY - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The firm had revenue of $182.65 million during the quarter, compared to the consensus estimate of $177.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. As a group, equities analysts anticipate that Berry Co. will post 0.58 EPS for the current fiscal year.

Berry Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 19th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Monday, May 19th. Berry's dividend payout ratio (DPR) is 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.