2 days Ago By ABMN Staff
Geode Capital Management LLC cut its position in Atlas Energy Solutions Inc. ( NYSE:AESI – Free Report ) by 0.2% during the fourth quarter, HoldingsChannel reports.
The firm owned 1,445,503 shares of the company’s stock after selling 2,837 shares during the quarter. Geode Capital Management LLC’s holdings in Atlas Energy Solutions were worth $32,068,000 as of its most recent SEC filing. Other large investors also recently modified their holdings of the company.
CBIZ Investment Advisory Services LLC increased its holdings in Atlas Energy Solutions by 62.9% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,354 shares of the company’s stock valued at $30,000 after buying an additional 523 shares during the last quarter.
Global Retirement Partners LLC increased its holdings in shares of Atlas Energy Solutions by 191.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,941 shares of the company’s stock valued at $43,000 after acquiring an additional 1,276 shares during the last quarter.
Promus Capital LLC acquired a new stake in shares of Atlas Energy Solutions during the 4th quarter worth about $55,000. FMR LLC raised its position in shares of Atlas Energy Solutions by 101.0% during the 3rd quarter.
FMR LLC now owns 2,696 shares of the company’s stock worth $59,000 after acquiring an additional 1,355 shares in the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in Atlas Energy Solutions during the fourth quarter worth approximately $155,000. 34.
59% of the stock is owned by hedge funds and other institutional investors. Insider Activity at Atlas Energy Solutions In other Atlas Energy Solutions news, major shareholder Brian Anthony Leveille sold 5,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $23.
88, for a total transaction of $119,400.00. Following the sale, the insider now directly owns 382,010 shares in the company, valued at approximately $9,122,398.
80. The trade was a 1.29 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, major shareholder Stacy Hock sold 10,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $22.
50, for a total transaction of $225,000.00. Following the transaction, the insider now directly owns 897,604 shares in the company, valued at approximately $20,196,090.
This trade represents a 1.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold a total of 27,500 shares of company stock worth $650,150 over the last 90 days. Company insiders own 24.34% of the company’s stock.
Atlas Energy Solutions Trading Up 2.2 % Atlas Energy Solutions ( NYSE:AESI – Get Free Report ) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.
06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.12).
The firm had revenue of $271.34 million during the quarter, compared to analyst estimates of $272.94 million.
Atlas Energy Solutions had a net margin of 8.78% and a return on equity of 11.01%.
Equities analysts anticipate that Atlas Energy Solutions Inc. will post 0.83 EPS for the current year.
Atlas Energy Solutions Increases Dividend The company 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 yield of 7.31%. The ex-dividend date was Friday, February 21st.
Atlas Energy Solutions’s dividend payout ratio is currently 178.57%. Analyst Ratings Changes Several analysts have recently weighed in on the stock.
The Goldman Sachs Group reduced their price objective on shares of Atlas Energy Solutions from $22.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.
Bank of America restated a “neutral” rating and issued a $22.50 price objective on shares of Atlas Energy Solutions in a research note on Monday, January 13th. Benchmark cut their target price on Atlas Energy Solutions from $28.
00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Piper Sandler initiated coverage on Atlas Energy Solutions in a research report on Wednesday, March 12th.
They issued an “overweight” rating and a $22.00 target price for the company. Finally, Raymond James cut Atlas Energy Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 6th.
Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.
44. Get Our Latest Stock Report on AESI Atlas Energy Solutions 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. Featured Stories Want to see what other hedge funds are holding AESI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atlas Energy Solutions Inc.
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