Sanctuary Advisors LLC Sells 29,168 Shares of SandRidge Energy, Inc. (NYSE:SD)

Sanctuary Advisors LLC reduced its holdings in SandRidge Energy, Inc. (NYSE:SD) by 73.1% in the 4th quarter, Holdings Channel reports. The fund owned 10,727 shares of the oil and natural gas company’s stock after selling 29,168 shares during the quarter. Sanctuary Advisors LLC’s holdings in SandRidge Energy were worth $130,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SD. Barclays PLC increased its holdings in SandRidge Energy by 87.3% during the 3rd quarter. Barclays PLC now owns 86,752 shares of the oil and natural gas company’s stock worth $1,062,000 after purchasing an additional 40,427 shares in the last quarter. Quest Partners LLC acquired a new position in shares of SandRidge Energy during the third quarter worth about $522,000. SG Americas Securities LLC boosted its position in shares of SandRidge Energy by 3.0% during the fourth quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company’s stock worth $697,000 after buying an additional 1,738 shares during the period. Geode Capital Management LLC grew its holdings in shares of SandRidge Energy by 1.5% during the third quarter. Geode Capital Management LLC now owns 742,169 shares of the oil and natural gas company’s stock worth $9,079,000 after buying an additional 11,300 shares in the last quarter. Finally, Royce & Associates LP raised its position in SandRidge Energy by 279.4% in the 3rd quarter. Royce & Associates LP now owns 621,244 shares of the oil and natural gas company’s stock valued at $7,598,000 after buying an additional 457,500 shares during the last quarter. Institutional investors and hedge funds own 61.84% of the company’s stock.

SandRidge Energy Stock Performance

NYSE SD opened at $11.00 on Thursday. SandRidge Energy, Inc. has a 52 week low of $10.31 and a 52 week high of $15.31. The stock’s 50 day moving average price is $12.01 and its two-hundred day moving average price is $11.92. The stock has a market capitalization of $409.28 million, a price-to-earnings ratio of 8.59 and a beta of 2.03.

About SandRidge Energy

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.