Ranger Energy Services, Inc. (NYSE:RNGR) Shares Acquired by Royce & Associates LP

Royce & Associates LP increased its stake in Ranger Energy Services, Inc. (NYSE:RNGR) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,038,772 shares of the company’s stock after acquiring an additional 56,774 shares during the period. Royce & Associates LP owned approximately 4.67% of Ranger Energy Services worth $16,080,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RNGR. Quest Partners LLC increased its holdings in Ranger Energy Services by 24.4% during the 3rd quarter. Quest Partners LLC now owns 3,687 shares of the company’s stock worth $44,000 after purchasing an additional 723 shares during the period. AlphaQuest LLC grew its position in shares of Ranger Energy Services by 77.1% during the fourth quarter. AlphaQuest LLC now owns 6,529 shares of the company’s stock worth $101,000 after buying an additional 2,842 shares in the last quarter. Globeflex Capital L P purchased a new stake in shares of Ranger Energy Services during the fourth quarter worth approximately $115,000. SG Americas Securities LLC raised its holdings in Ranger Energy Services by 17.2% in the fourth quarter. SG Americas Securities LLC now owns 14,417 shares of the company’s stock valued at $223,000 after acquiring an additional 2,114 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Ranger Energy Services in the fourth quarter worth approximately $318,000. 68.10% of the stock is currently owned by hedge funds and other institutional investors.

Ranger Energy Services Trading Up 2.0 %

Shares of NYSE:RNGR opened at $14.23 on Monday. Ranger Energy Services, Inc. has a 52 week low of $9.27 and a 52 week high of $18.45. The company’s 50 day moving average is $16.61 and its two-hundred day moving average is $14.81. The company has a market cap of $316.52 million, a PE ratio of 21.56 and a beta of 0.56.

Ranger Energy Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Ranger Energy Services’s previous quarterly dividend of $0.05. Ranger Energy Services’s dividend payout ratio is 29.27%.

Insider Activity at Ranger Energy Services

In related news, Director Brett T. Agee sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $14.61, for a total value of $438,300.00. Following the completion of the transaction, the director now directly owns 1,803,539 shares of the company’s stock, valued at $26,349,704.79. This represents a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.00% of the stock is currently owned by corporate insiders.

Ranger Energy Services Profile

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.