North American Energy Partners Inc. (NYSE:NOA) (TSE:NOA) has been given a consensus broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.

Analysts have set a 1-year consensus target price of $3.80 for the company and are forecasting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned North American Energy Partners an industry rank of 157 out of 265 based on the ratings given to related companies.

A number of research firms have issued reports on NOA. Zacks Investment Research downgraded North American Energy Partners from a “buy” rating to a “hold” rating in a research report on Friday, November 4th. BMO Capital Markets raised North American Energy Partners from a “market perform” rating to an “outperform” rating in a research report on Thursday, November 17th. TheStreet downgraded North American Energy Partners from a “hold” rating to a “sell” rating in a research report on Monday, August 22nd. Finally, Canaccord Genuity initiated coverage on North American Energy Partners in a research report on Monday, October 31st. They set a “buy” rating for the company.

Several large investors have recently modified their holdings of the company. Bridgeway Capital Management Inc. bought a new stake in shares of North American Energy Partners during the second quarter valued at $166,000. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in North American Energy Partners during the third quarter valued at approximately $176,000. Morgan Stanley boosted its position in North American Energy Partners by 17.8% in the third quarter. Morgan Stanley now owns 176,146 shares of the company’s stock valued at $440,000 after buying an additional 26,636 shares during the period. Clear Harbor Asset Management LLC boosted its position in North American Energy Partners by 27.6% in the third quarter. Clear Harbor Asset Management LLC now owns 188,197 shares of the company’s stock valued at $470,000 after buying an additional 40,700 shares during the period. Finally, K.J. Harrison & Partners Inc boosted its position in North American Energy Partners by 495.0% in the second quarter. K.J. Harrison & Partners Inc now owns 180,300 shares of the company’s stock valued at $502,000 after buying an additional 150,000 shares during the period. 48.87% of the stock is owned by institutional investors.

Shares of North American Energy Partners (NYSE:NOA) traded down 4.05% during midday trading on Tuesday, reaching $3.55. The company had a trading volume of 27,505 shares. The company’s 50 day moving average price is $3.15 and its 200 day moving average price is $2.79. The stock’s market capitalization is $101.92 million. North American Energy Partners has a 52-week low of $1.39 and a 52-week high of $3.90.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 6th. Stockholders of record on Wednesday, November 30th will be given a $0.015 dividend. This represents a $0.06 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Monday, November 28th. North American Energy Partners’s payout ratio is -200.00%.

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North American Energy Partners Company Profile

North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.

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