Axa Has $764,000 Position in EnerNOC, Inc. (ENOC)
Axa increased its position in shares of EnerNOC, Inc. (NASDAQ:ENOC) by 70.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,400 shares of the business services provider’s stock after buying an additional 52,800 shares during the period. Axa’s holdings in EnerNOC were worth $764,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the stock. Nine Chapters Capital Management LLC bought a new stake in shares of EnerNOC during the first quarter worth $103,000. Parametric Portfolio Associates LLC increased its position in EnerNOC by 72.0% in the first quarter. Parametric Portfolio Associates LLC now owns 203,100 shares of the business services provider’s stock worth $1,219,000 after buying an additional 85,036 shares during the period. First Trust Advisors LP increased its position in EnerNOC by 4.3% in the first quarter. First Trust Advisors LP now owns 177,713 shares of the business services provider’s stock worth $1,066,000 after buying an additional 7,326 shares during the period. Wells Fargo & Company MN increased its position in EnerNOC by 19.0% in the first quarter. Wells Fargo & Company MN now owns 28,861 shares of the business services provider’s stock worth $172,000 after buying an additional 4,611 shares during the period. Finally, Acadian Asset Management LLC increased its position in EnerNOC by 64.9% in the first quarter. Acadian Asset Management LLC now owns 201,812 shares of the business services provider’s stock worth $1,212,000 after buying an additional 79,464 shares during the period. Institutional investors own 49.91% of the company’s stock.
EnerNOC, Inc. (ENOC) traded up 0.455% on Tuesday, reaching $5.525. 12,693 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $5.56 and a 200-day moving average of $5.73. The stock’s market cap is $162.83 million. EnerNOC, Inc. has a one year low of $4.80 and a one year high of $7.74.
EnerNOC (NASDAQ:ENOC) last announced its earnings results on Tuesday, May 9th. The business services provider reported ($0.92) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.36) by $0.44. The business had revenue of $48.10 million for the quarter, compared to analyst estimates of $44.73 million. EnerNOC had a negative net margin of 10.51% and a negative return on equity of 42.33%. The company’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period last year, the firm posted ($1.41) earnings per share. Equities research analysts forecast that EnerNOC, Inc. will post ($2.27) EPS for the current fiscal year.
A number of research analysts have commented on the stock. Zacks Investment Research downgraded shares of EnerNOC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 18th. Needham & Company LLC reissued a “buy” rating and set a $10.00 target price on shares of EnerNOC in a research report on Wednesday, March 15th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. EnerNOC has an average rating of “Hold” and a consensus price target of $7.50.
EnerNOC Company Profile
EnerNOC, Inc is a provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise customers with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; project tracking, and demand management.
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