KCG Holdings Inc. acquired a new stake in shares of Emerge Energy Services LP (NYSE:EMES) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,896 shares of the oil and gas company’s stock, valued at approximately $165,000.

A number of other institutional investors also recently modified their holdings of the stock. Deprince Race & Zollo Inc. increased its position in shares of Emerge Energy Services by 4.0% in the first quarter. Deprince Race & Zollo Inc. now owns 10,400 shares of the oil and gas company’s stock valued at $144,000 after buying an additional 400 shares during the last quarter. Stifel Financial Corp increased its position in shares of Emerge Energy Services by 16.3% in the first quarter. Stifel Financial Corp now owns 15,406 shares of the oil and gas company’s stock valued at $217,000 after buying an additional 2,155 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Emerge Energy Services by 7.4% in the first quarter. Chicago Partners Investment Group LLC now owns 33,277 shares of the oil and gas company’s stock valued at $461,000 after buying an additional 2,300 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Emerge Energy Services during the first quarter valued at approximately $537,000. Finally, Symphony Asset Management LLC bought a new position in shares of Emerge Energy Services during the first quarter valued at approximately $540,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Emerge Energy Services LP (EMES) traded down 0.58% during trading on Monday, hitting $6.80. 122,051 shares of the stock traded hands. The stock’s market cap is $204.48 million. The company has a 50-day moving average price of $8.35 and a 200-day moving average price of $12.98. Emerge Energy Services LP has a 12 month low of $5.77 and a 12 month high of $24.45.

Emerge Energy Services (NYSE:EMES) last announced its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by $0.02. The business had revenue of $82.60 million during the quarter, compared to the consensus estimate of $97.18 million. Emerge Energy Services had a negative return on equity of 169.56% and a negative net margin of 14.29%. The company’s revenue was up 233.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.17) earnings per share. Equities research analysts expect that Emerge Energy Services LP will post ($0.06) EPS for the current year.

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Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. ValuEngine downgraded shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Cowen and Company reissued a “hold” rating and issued a $12.00 price objective on shares of Emerge Energy Services in a research note on Tuesday, July 11th. Stifel Nicolaus raised shares of Emerge Energy Services from a “hold” rating to a “buy” rating and increased their price objective for the company from $14.00 to $16.00 in a research note on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) increased their price objective on shares of Emerge Energy Services from $28.50 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, April 25th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $19.00.

Emerge Energy Services Company Profile

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.

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Institutional Ownership by Quarter for Emerge Energy Services (NYSE:EMES)

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