Susquehanna International Group LLP Has $26,965,000 Position in SandRidge Energy, Inc. (SD)

Susquehanna International Group LLP held its position in shares of SandRidge Energy, Inc. (NYSE:SD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,566,813 shares of the oil and natural gas company’s stock at the end of the 2nd quarter. Susquehanna International Group LLP owned 4.58% of SandRidge Energy worth $26,965,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Ingalls & Snyder LLC grew its position in shares of SandRidge Energy by 4.1% during the second quarter. Ingalls & Snyder LLC now owns 15,612 shares of the oil and natural gas company’s stock worth $269,000 after acquiring an additional 612 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in SandRidge Energy by 17.7% in the 1st quarter. Bank of New York Mellon Corp now owns 17,238 shares of the oil and natural gas company’s stock valued at $319,000 after acquiring an additional 2,588 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in SandRidge Energy by 28.0% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 14,645 shares of the oil and natural gas company’s stock valued at $252,000 after acquiring an additional 3,200 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in SandRidge Energy by 1.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 253,285 shares of the oil and natural gas company’s stock valued at $4,359,000 after acquiring an additional 3,741 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in SandRidge Energy by 6.0% in the 1st quarter. HighTower Advisors LLC now owns 70,338 shares of the oil and natural gas company’s stock valued at $1,284,000 after acquiring an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 19.81% of the company’s stock.

Shares of SandRidge Energy, Inc. (NYSE:SD) traded up 0.25% during midday trading on Tuesday, reaching $19.69. 32,687 shares of the company’s stock were exchanged. SandRidge Energy, Inc. has a 1-year low of $15.03 and a 1-year high of $26.85. The firm has a 50-day moving average of $18.80 and a 200-day moving average of $18.61. The company has a market capitalization of $673.02 million and a PE ratio of 1.97.

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SD has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of SandRidge Energy from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine downgraded shares of SandRidge Energy from a “buy” rating to a “hold” rating in a report on Friday, September 8th. Finally, Seaport Global Securities downgraded shares of SandRidge Energy from a “buy” rating to a “neutral” rating and set a $17.00 price target for the company. in a report on Wednesday, June 21st.

SandRidge Energy Profile

SandRidge Energy, Inc is an oil and natural gas company. The Company is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. It operates through two segments: exploration and production, which is engaged in the exploration and production of oil and natural gas properties and includes its proportionate share of the activities of the SandRidge Mississippian Trust I, SandRidge Mississippian Trust II and SandRidge Permian Trust (the Royalty Trusts), and midstream services, which coordinates the delivery of electricity to its exploration and production operations in the Mid-Continent.

Institutional Ownership by Quarter for SandRidge Energy (NYSE:SD)

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