ClearAlpha Technologies LP Has $122,000 Position in VAALCO Energy, Inc. (NYSE:EGY)

ClearAlpha Technologies LP decreased its holdings in shares of VAALCO Energy, Inc. (NYSE:EGY) by 42.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 27,854 shares of the energy company’s stock after selling 20,352 shares during the period. ClearAlpha Technologies LP’s holdings in VAALCO Energy were worth $122,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp raised its holdings in shares of VAALCO Energy by 4.3% in the 3rd quarter. State Street Corp now owns 4,285,378 shares of the energy company’s stock worth $24,598,000 after acquiring an additional 176,259 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of VAALCO Energy by 8.7% in the fourth quarter. American Century Companies Inc. now owns 3,901,984 shares of the energy company’s stock valued at $17,052,000 after purchasing an additional 312,576 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its position in shares of VAALCO Energy by 9.7% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 2,786,265 shares of the energy company’s stock valued at $12,176,000 after buying an additional 247,310 shares during the last quarter. Geode Capital Management LLC grew its holdings in VAALCO Energy by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,510,060 shares of the energy company’s stock worth $10,972,000 after buying an additional 16,473 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in VAALCO Energy by 51.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,468,093 shares of the energy company’s stock valued at $10,784,000 after buying an additional 834,398 shares during the last quarter. 50.32% of the stock is owned by institutional investors.

Insider Buying and Selling at VAALCO Energy

In other news, COO Thor Pruckl sold 10,169 shares of the company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $3.95, for a total transaction of $40,167.55. Following the transaction, the chief operating officer now owns 174,992 shares of the company’s stock, valued at $691,218.40. This represents a 5.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of VAALCO Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, April 8th.

VAALCO Energy Stock Performance

EGY stock opened at $3.36 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.14. The firm has a market cap of $348.58 million, a PE ratio of 3.95 and a beta of 0.75. The business has a 50 day moving average of $3.82 and a 200-day moving average of $4.55. VAALCO Energy, Inc. has a 12-month low of $3.00 and a 12-month high of $7.43.

VAALCO Energy (NYSE:EGY) last announced its earnings results on Thursday, March 13th. The energy company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. The firm had revenue of $121.72 million during the quarter, compared to analyst estimates of $108.91 million. VAALCO Energy had a return on equity of 15.63% and a net margin of 17.93%. As a group, sell-side analysts expect that VAALCO Energy, Inc. will post 0.43 earnings per share for the current year.

VAALCO Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 7.44%. The ex-dividend date of this dividend was Friday, February 28th. VAALCO Energy’s dividend payout ratio is 45.45%.

VAALCO Energy Company Profile

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.