Berry Co. (NASDAQ:BRY) Stock Holdings Boosted by Trexquant Investment LP

Trexquant Investment LP lifted its position in Berry Co. (NASDAQ:BRY) by 13.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 708,542 shares of the energy company’s stock after buying an additional 83,368 shares during the period. Trexquant Investment LP owned approximately 0.92% of Berry worth $2,926,000 at the end of the most recent reporting period.

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

Berry Stock Performance

Shares of NASDAQ BRY opened at $2.37 on Monday. The stock’s fifty day simple moving average is $3.83 and its 200 day simple moving average is $4.37. The stock has a market capitalization of $183.00 million, a price-to-earnings ratio of 2.19 and a beta of 1.34. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. Berry Co. has a 52-week low of $2.29 and a 52-week high of $8.88.

Berry (NASDAQ:BRY) last issued its quarterly earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. Berry had a return on equity of 6.50% and a net margin of 9.40%. The firm had revenue of $167.06 million for the quarter, compared to analysts’ expectations of $173.00 million. As a group, sell-side analysts forecast that Berry Co. will post 0.58 earnings per share for the current fiscal year.

Berry Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.12 annualized dividend and a dividend yield of 5.06%. Berry’s dividend payout ratio (DPR) is presently 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.