29,285 Shares in SandRidge Energy, Inc. (NYSE:SD) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of SandRidge Energy, Inc. (NYSE:SD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 29,285 shares of the oil and natural gas company's stock, valued at approximately $343,000. XTX Topco Ltd owned approximately 0.08% of SandRidge Energy at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Royce & Associates LP boosted its holdings in shares of SandRidge Energy by 76.2% during the fourth quarter. Royce & Associates LP now owns 1,094,786 shares of the oil and natural gas company's stock worth $12,820,000 after acquiring an additional 473,542 shares during the period. American Century Companies Inc. increased its position in SandRidge Energy by 9.6% during the 4th quarter. American Century Companies Inc. now owns 958,573 shares of the oil and natural gas company's stock worth $11,225,000 after buying an additional 84,263 shares during the period. Geode Capital Management LLC lifted its holdings in shares of SandRidge Energy by 1.5% during the third quarter. Geode Capital Management LLC now owns 742,169 shares of the oil and natural gas company's stock worth $9,079,000 after buying an additional 11,300 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of SandRidge Energy by 19.1% in the fourth quarter. Bank of New York Mellon Corp now owns 580,529 shares of the oil and natural gas company's stock valued at $6,798,000 after acquiring an additional 92,950 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of SandRidge Energy during the fourth quarter worth approximately $1,876,000. 61.84% of the stock is currently owned by institutional investors and hedge funds.

SandRidge Energy Price Performance

SD traded down $0.12 during trading on Tuesday, hitting $9.28. 55,308 shares of the stock traded hands, compared to its average volume of 302,474. SandRidge Energy, Inc. has a twelve month low of $8.81 and a twelve month high of $14.54. The company has a market cap of $344.71 million, a price-to-earnings ratio of 7.25 and a beta of 1.66. The business has a 50 day moving average price of $10.70 and a 200 day moving average price of $11.34.

SandRidge Energy (NYSE:SD - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.14). SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%. The company had revenue of $38.97 million during the quarter, compared to analyst estimates of $50.27 million.

SandRidge Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.44 annualized dividend and a dividend yield of 4.74%. SandRidge Energy's dividend payout ratio is 25.88%.

About SandRidge Energy

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.