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LRR Energy, L.P. Message Board

  • mobettafred mobettafred Apr 25, 2013 5:07 AM Flag

    LRR Energy Named Top Dividend Stock With Insider Buying and 10.88% Yield - Forbes website - first half

    In this series, we look through the most recent Dividend Channel ”DividendRank” report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider’s view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is LRR Energy, L.P. (NYSE: LRE), which saw buying by V.P. and Chief Engineer Christopher A. Butta.
    Back on March 28, Butta invested $5,235.00 into 300 shares of LRE, for a cost per share of $17.45. In trading on Wednesday, shares were changing hands as low as $17.66 per share, which is 1.2% above Butta’s purchase price. LRR Energy, L.P. shares are currently trading +0.56% on the day. The chart below shows the one year performance of LRE shares, versus its 200 day moving average:
    Looking at the chart above, LRE’s low point in its 52 week range is $12.25 per share, with $20.42 as the 52 week high point — that compares with a last trade of $17.84. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:
    Purchased Insider Title Shares Price/Share Value
    12/11/2012 Jonathan C. Farber Director 4,671 $17.02 $79,500.42
    12/26/2012 Jonathan C. Farber Director 3,683 $16.75 $61,690.25
    03/28/2013 Christopher A. Butta V.P. and Chief Engineer 300 $17.45 $5,235.00

    The DividendRank report noted that among the coverage universe, LRE shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent LRE share price of $17.74 represents a price-to-book ratio of 1.7 and an annual divid

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