Integrated Quantitative Investments LLC Buys Shares of 51,100 Berry Co. (NASDAQ:BRY)

Integrated Quantitative Investments LLC purchased a new position in shares of Berry Co. (NASDAQ:BRY) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 51,100 shares of the energy company’s stock, valued at approximately $211,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Intech Investment Management LLC acquired a new position in Berry in the third quarter valued at about $126,000. Charles Schwab Investment Management Inc. raised its position in shares of Berry by 6.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,452,032 shares of the energy company’s stock valued at $7,463,000 after acquiring an additional 91,254 shares during the period. FMR LLC boosted its stake in Berry by 40.9% during the 3rd quarter. FMR LLC now owns 17,606 shares of the energy company’s stock worth $90,000 after acquiring an additional 5,115 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Berry by 78.7% during the third quarter. BNP Paribas Financial Markets now owns 35,769 shares of the energy company’s stock valued at $184,000 after purchasing an additional 15,753 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Berry by 8.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 306,951 shares of the energy company’s stock valued at $1,578,000 after purchasing an additional 22,709 shares in the last quarter. 94.88% of the stock is owned by institutional investors.

Berry Stock Down 14.7 %

NASDAQ:BRY opened at $2.37 on Friday. Berry Co. has a 1 year low of $2.29 and a 1 year high of $8.88. The stock has a 50-day moving average price of $3.83 and a two-hundred day moving average price of $4.38. The stock has a market cap of $183.00 million, a price-to-earnings ratio of 2.19 and a beta of 1.67. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54.

Berry (NASDAQ:BRY) last posted its quarterly earnings data on Wednesday, March 12th. The energy company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.12 by $0.09. The business had revenue of $167.06 million for the quarter, compared to analysts’ expectations of $173.00 million. Berry had a net margin of 9.40% and a return on equity of 6.50%. As a group, equities analysts expect that Berry Co. will post 0.58 earnings per share for the current year.

Berry Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date was Friday, March 21st. Berry’s dividend payout ratio is presently 48.00%.

Berry Company 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.