Ranger Energy Services, Inc. (NYSE:RNGR) Director Brett T. Agee Sells 19,209 Shares

Ranger Energy Services, Inc. (NYSE:RNGR) Director Brett T. Agee sold 19,209 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $15.30, for a total transaction of $293,897.70. Following the completion of the sale, the director now directly owns 1,843,999 shares in the company, valued at $28,213,184.70. This trade represents a 1.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Brett T. Agee also recently made the following trade(s):

• On Thursday, November 21st, Brett T. Agee sold 61,905 shares of Ranger Energy Services stock. The stock was sold at an average price of $16.67, for a total value of $1,031,956.35.

Ranger Energy Services Stock Down 3.1 %

NYSE:RNGR opened at $14.93 on Wednesday. The company has a market cap of $332.12 million, a P/E ratio of 22.62 and a beta of 0.51. The firm’s 50 day moving average is $14.60 and its two-hundred day moving average is $12.47. Ranger Energy Services, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $17.20.

Ranger Energy Services (NYSE:RNGR) last released its quarterly earnings data on Monday, October 28th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.29 by $0.10. Ranger Energy Services had a return on equity of 5.54% and a net margin of 2.54%. The company had revenue of $153.00 million for the quarter. During the same period last year, the business earned $0.38 earnings per share.

Ranger Energy Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend was Friday, November 8th. Ranger Energy Services’s dividend payout ratio is currently 30.30%.

Institutional Investors Weigh In On Ranger Energy Services

Institutional investors have recently modified their holdings of the stock. Encompass Capital Advisors LLC increased its holdings in Ranger Energy Services by 2.4% in the second quarter. Encompass Capital Advisors LLC now owns 1,550,241 shares of the company’s stock valued at $16,309,000 after buying an additional 36,946 shares during the last quarter. Royce & Associates LP increased its holdings in shares of Ranger Energy Services by 5.9% in the 3rd quarter. Royce & Associates LP now owns 981,998 shares of the company’s stock valued at $11,696,000 after acquiring an additional 54,737 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Ranger Energy Services by 13.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 903,789 shares of the company’s stock valued at $9,508,000 after acquiring an additional 107,853 shares in the last quarter. Magnolia Capital Advisors LLC bought a new position in Ranger Energy Services during the second quarter worth $5,337,000. Finally, Foundry Partners LLC boosted its holdings in Ranger Energy Services by 10.1% in the third quarter. Foundry Partners LLC now owns 450,897 shares of the company’s stock worth $5,370,000 after purchasing an additional 41,321 shares during the period. Institutional investors and hedge funds own 68.10% of the company’s stock.

Ranger Energy Services Company 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.