148,220 Shares in Ranger Energy Services, Inc. (NYSE:RNGR) Acquired by Acuitas Investments LLC

Acuitas Investments LLC acquired a new stake in shares of Ranger Energy Services, Inc. (NYSE:RNGR) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 148,220 shares of the company’s stock, valued at approximately $2,294,000. Ranger Energy Services makes up about 1.9% of Acuitas Investments LLC’s holdings, making the stock its 27th biggest position. Acuitas Investments LLC owned about 0.67% of Ranger Energy Services as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quest Partners LLC raised its holdings in shares of 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 acquiring an additional 723 shares in the last quarter. Copeland Capital Management LLC purchased a new position in shares of Ranger Energy Services during the third quarter valued at approximately $51,000. SG Americas Securities LLC bought a new position in shares of Ranger Energy Services during the third quarter valued at approximately $147,000. Barclays PLC raised its holdings in shares of Ranger Energy Services by 82.9% in the third quarter. Barclays PLC now owns 33,404 shares of the company’s stock worth $398,000 after buying an additional 15,139 shares during the period. Finally, JB Capital Partners LP lifted its stake in shares of Ranger Energy Services by 46.3% during the 3rd quarter. JB Capital Partners LP now owns 36,576 shares of the company’s stock worth $434,000 after acquiring an additional 11,576 shares during the last quarter. Institutional investors own 68.10% of the company’s stock.

Ranger Energy Services Stock Up 1.2 %

Shares of Ranger Energy Services stock opened at $17.80 on Tuesday. The stock’s fifty day moving average is $16.22 and its two-hundred day moving average is $14.21. Ranger Energy Services, Inc. has a 52 week low of $9.27 and a 52 week high of $18.10. The company has a market capitalization of $396.05 million, a PE ratio of 26.97 and a beta of 0.55.

Insider Activity at Ranger Energy Services

In other news, Director Brett T. Agee sold 8,236 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $16.73, for a total transaction of $137,788.28. Following the transaction, the director now owns 2,350,664 shares of the company’s stock, valued at approximately $39,326,608.72. This represents a 0.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brett T. Agee sold 61,905 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $16.67, for a total value of $1,031,956.35. Following the transaction, the director now owns 31,905 shares in the company, valued at approximately $531,856.35. This represents a 65.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 415,836 shares of company stock worth $6,863,316 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

About Ranger Energy Services

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.