BlueCrest Capital Management Ltd boosted its holdings in Advanced Emissions Solutions, Inc. (NASDAQ:ADES) by 247.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,887 shares of the industrial products company’s stock after purchasing an additional 36,235 shares during the quarter. BlueCrest Capital Management Ltd owned approximately 0.24% of Advanced Emissions Solutions worth $466,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Advanced Emissions Solutions by 7.7% in the second quarter. Vanguard Group Inc. now owns 846,695 shares of the industrial products company’s stock worth $7,756,000 after purchasing an additional 60,261 shares during the period. Apollo Management Holdings L.P. lifted its stake in Advanced Emissions Solutions by 153.4% in the second quarter. Apollo Management Holdings L.P. now owns 633,388 shares of the industrial products company’s stock valued at $5,802,000 after buying an additional 383,388 shares during the last quarter. Wellington Management Group LLP lifted its stake in Advanced Emissions Solutions by 21.5% in the first quarter. Wellington Management Group LLP now owns 489,593 shares of the industrial products company’s stock valued at $4,670,000 after buying an additional 86,476 shares during the last quarter. Northpointe Capital LLC bought a new stake in Advanced Emissions Solutions in the second quarter valued at $4,223,000. Finally, State Street Corp lifted its stake in Advanced Emissions Solutions by 1,604.4% in the second quarter. State Street Corp now owns 253,958 shares of the industrial products company’s stock valued at $2,327,000 after buying an additional 239,058 shares during the last quarter. 68.76% of the stock is owned by hedge funds and other institutional investors.

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Shares of Advanced Emissions Solutions, Inc. (NASDAQ:ADES) opened at 11.42 on Tuesday. The firm has a 50-day moving average price of $10.25 and a 200-day moving average price of $9.77. Advanced Emissions Solutions, Inc. has a 1-year low of $7.43 and a 1-year high of $12.25. The company has a market capitalization of $237.48 million, a PE ratio of 2.55 and a beta of 2.87.

A number of equities research analysts have issued reports on the company. ValuEngine upgraded Advanced Emissions Solutions from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 2nd. HC Wainwright set a $18.00 target price on Advanced Emissions Solutions and gave the company a “buy” rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded Advanced Emissions Solutions from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Friday, August 11th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $20.00 target price on shares of Advanced Emissions Solutions in a research note on Thursday, September 28th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Advanced Emissions Solutions presently has an average rating of “Buy” and a consensus price target of $17.00.

Advanced Emissions Solutions Company Profile

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

Institutional Ownership by Quarter for Advanced Emissions Solutions (NASDAQ:ADES)

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