1 week Ago By ABMN Staff
Barclays PLC boosted its stake in shares of Atlas Energy Solutions Inc. ( NYSE:AESI – Free Report ) by 7.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 187,633 shares of the company’s stock after purchasing an additional 12,551 shares during the quarter. Barclays PLC owned approximately 0.17% of Atlas Energy Solutions worth $4,162,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC grew its position in shares of Atlas Energy Solutions by 62.9% during the fourth quarter.
CBIZ Investment Advisory Services LLC now owns 1,354 shares of the company’s stock worth $30,000 after acquiring an additional 523 shares during the last quarter. Global Retirement Partners LLC grew its position in Atlas Energy Solutions by 191.9% in the 4th quarter.
Global Retirement Partners LLC now owns 1,941 shares of the company’s stock worth $43,000 after purchasing an additional 1,276 shares during the last quarter. Promus Capital LLC acquired a new stake in shares of Atlas Energy Solutions in the fourth quarter valued at approximately $55,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Atlas Energy Solutions in the fourth quarter valued at approximately $155,000.
Finally, Mutual of America Capital Management LLC bought a new stake in shares of Atlas Energy Solutions during the fourth quarter valued at approximately $204,000. 34.59% of the stock is currently owned by institutional investors.
Insider Activity at Atlas Energy Solutions In related news, major shareholder Stacy Hock sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $22.50, for a total value of $225,000.
00. Following the completion of the sale, the insider now owns 897,604 shares of the company’s stock, valued at approximately $20,196,090. The trade was a 1.
10 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link . Also, major shareholder Gregory M.
Shepard acquired 32,155 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of $19.04 per share, for a total transaction of $612,231.
20. Following the transaction, the insider now owns 7,651,210 shares of the company’s stock, valued at approximately $145,679,038.40.
This represents a 0.42 % increase in their position. The disclosure for this purchase can be found here .
15.98% of the stock is currently owned by insiders. Analyst Ratings Changes Get Our Latest Stock Report on AESI Atlas Energy Solutions Stock Performance Atlas Energy Solutions stock opened at $14.
24 on Monday. Atlas Energy Solutions Inc. has a fifty-two week low of $12.
41 and a fifty-two week high of $26.86. The firm’s 50 day simple moving average is $16.
78 and its 200-day simple moving average is $20.19. The company has a debt-to-equity ratio of 0.
42, a current ratio of 1.23 and a quick ratio of 1.08.
The company has a market cap of $1.73 billion, a P/E ratio of 18.02 and a beta of 1.
20. Atlas Energy Solutions ( NYSE:AESI – Get Free Report ) last released its earnings results on Monday, February 24th. The company reported $0.
06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.12).
The business had revenue of $271.34 million during the quarter, compared to analysts’ expectations of $272.94 million.
Atlas Energy Solutions had a net margin of 8.78% and a return on equity of 11.01%.
As a group, equities research analysts predict that Atlas Energy Solutions Inc. will post 0.83 EPS for the current year.
Atlas Energy Solutions Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.25 per share.
This is a boost from Atlas Energy Solutions’s previous quarterly dividend of $0.24. This represents a $1.
00 annualized dividend and a dividend yield of 7.02%. The ex-dividend date was Friday, February 21st.
Atlas Energy Solutions’s dividend payout ratio (DPR) is currently 178.57%. Atlas Energy Solutions Company Profile ( Free Report ) Atlas Energy Solutions Inc engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico.
The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies. Recommended Stories Receive News & Ratings for Atlas Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Energy Solutions and related companies with MarketBeat.
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