Charles S. Leykum Sells 25,000 Shares of Ranger Energy Services, Inc. (NYSE:RNGR) Stock

Ranger Energy Services, Inc. (NYSE:RNGR) Director Charles S. Leykum sold 25,000 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $11.40, for a total transaction of $285,000.00. Following the transaction, the director now owns 3,969,000 shares in the company, valued at $45,246,600. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Ranger Energy Services Stock Up 0.5 %

Ranger Energy Services stock opened at $11.16 on Thursday. The company’s fifty day simple moving average is $10.48 and its 200-day simple moving average is $11.17. Ranger Energy Services, Inc. has a 12 month low of $9.27 and a 12 month high of $14.64. The stock has a market cap of $252.89 million, a P/E ratio of 11.63 and a beta of 0.61.

Ranger Energy Services (NYSE:RNGR) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.24). The business had revenue of $151.50 million during the quarter, compared to the consensus estimate of $151.00 million. Ranger Energy Services had a return on equity of 8.67% and a net margin of 3.74%. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, equities research analysts expect that Ranger Energy Services, Inc. will post 1.1 earnings per share for the current fiscal year.

Ranger Energy Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Investors of record on Friday, March 15th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, March 14th. Ranger Energy Services’s dividend payout ratio is presently 20.83%.

Institutional Investors Weigh In On Ranger Energy Services

Large investors have recently bought and sold shares of the business. Copeland Capital Management LLC acquired a new position in Ranger Energy Services during the 4th quarter worth $29,000. UBS Group AG acquired a new position in Ranger Energy Services during the 1st quarter worth $29,000. Barclays PLC lifted its position in Ranger Energy Services by 120.8% during the 2nd quarter. Barclays PLC now owns 3,138 shares of the company’s stock worth $33,000 after acquiring an additional 1,717 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Ranger Energy Services by 425.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,934 shares of the company’s stock worth $40,000 after acquiring an additional 3,186 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Ranger Energy Services during the 3rd quarter worth $45,000. 68.10% of the stock is currently owned by institutional investors.

About Ranger Energy Services

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.