2 weeks Ago By ABMN Staff
Prudential Financial Inc. purchased a new position in Atlas Energy Solutions Inc. ( NYSE:AESI – Free Report ) in the 4th quarter, HoldingsChannel.
com reports. The firm purchased 61,575 shares of the company’s stock, valued at approximately $1,366,000. A number of other large investors also recently bought and sold shares of the business.
Charles Schwab Investment Management Inc. increased its stake in shares of Atlas Energy Solutions by 5.3% during the third quarter.
Charles Schwab Investment Management Inc. now owns 518,569 shares of the company’s stock valued at $11,305,000 after purchasing an additional 25,999 shares in the last quarter. FMR LLC increased its position in Atlas Energy Solutions by 101.
0% during the 3rd quarter. FMR LLC now owns 2,696 shares of the company’s stock valued at $59,000 after buying an additional 1,355 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Atlas Energy Solutions by 69.
3% during the third quarter. BNP Paribas Financial Markets now owns 34,438 shares of the company’s stock valued at $751,000 after buying an additional 14,093 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Atlas Energy Solutions by 55.
2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,745 shares of the company’s stock worth $125,000 after acquiring an additional 2,043 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Atlas Energy Solutions by 1.
6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,931 shares of the company’s stock worth $979,000 after acquiring an additional 711 shares in the last quarter. 34.
59% of the stock is owned by hedge funds and other institutional investors. Atlas Energy Solutions Stock Performance AESI stock opened at $13.79 on Friday.
The company has a debt-to-equity ratio of 0.42, a current ratio of 1.23 and a quick ratio of 1.
08. Atlas Energy Solutions Inc. has a 1 year low of $13.
14 and a 1 year high of $26.86. The company has a market cap of $1.
68 billion, a P/E ratio of 17.46 and a beta of 1.20.
The stock’s fifty day moving average price is $19.76 and its 200-day moving average price is $21.18.
Atlas Energy Solutions Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.25 dividend.
The ex-dividend date was Friday, February 21st. This is an increase from Atlas Energy Solutions’s previous quarterly dividend of $0.24.
This represents a $1.00 annualized dividend and a yield of 7.25%.
Atlas Energy Solutions’s dividend payout ratio (DPR) is presently 178.57%. Insider Transactions at Atlas Energy Solutions In other Atlas Energy Solutions news, major shareholder Brian Anthony Leveille sold 5,000 shares of the firm’s stock in a transaction that occurred 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 owns 382,010 shares in the company, valued at approximately $9,122,398.80. This trade represents a 1.
29 % decrease in their position. The transaction was disclosed in a legal filing 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 that occurred on Friday, January 10th.
The stock was sold at an average price of $21.96, for a total transaction of $219,600.00.
Following the completion of the transaction, the insider now owns 907,604 shares of the company’s stock, valued at approximately $19,930,983.84. The trade was a 1.
09 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 45,000 shares of company stock worth $1,049,750 in the last 90 days.
24.34% of the stock is currently owned by insiders. Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on the company.
Piper Sandler started coverage on Atlas Energy Solutions in a research report on Wednesday, March 12th. They issued an “overweight” rating and a $22.00 price target for the company.
Benchmark decreased their target price on shares of Atlas Energy Solutions from $28.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, February 26th.
Stephens increased their price target on shares of Atlas Energy Solutions from $28.00 to $29.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th.
Barclays decreased their price objective on shares of Atlas Energy Solutions from $23.00 to $19.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd.
Finally, The Goldman Sachs Group began coverage on Atlas Energy Solutions in a research note on Friday, December 13th. They set a “neutral” rating and a $23.00 target price on the stock.
Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.83.
Check Out Our Latest Report on AESI 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.
Featured Articles 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. ( NYSE:AESI – Free Report ).
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