Aperio Group LLC Acquires 10,395 Shares of Newpark Resources Inc (NR)
Aperio Group LLC increased its holdings in shares of Newpark Resources Inc (NYSE:NR) by 25.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,954 shares of the oil and gas company’s stock after acquiring an additional 10,395 shares during the period. Aperio Group LLC’s holdings in Newpark Resources were worth $447,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. GSA Capital Partners LLP acquired a new stake in shares of Newpark Resources during the 3rd quarter valued at about $113,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Newpark Resources during the 3rd quarter valued at about $114,000. Cubist Systematic Strategies LLC boosted its position in shares of Newpark Resources by 24.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 18,797 shares of the oil and gas company’s stock valued at $138,000 after acquiring an additional 3,730 shares in the last quarter. LMR Partners LLP acquired a new stake in shares of Newpark Resources during the 3rd quarter valued at about $154,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Newpark Resources during the 3rd quarter valued at about $170,000.
In related news, EVP Bruce Campbell Smith sold 43,750 shares of Newpark Resources stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $8.47, for a total transaction of $370,562.50. Following the completion of the transaction, the executive vice president now directly owns 292,942 shares of the company’s stock, valued at approximately $2,481,218.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 4.90% of the company’s stock.
Shares of Newpark Resources Inc (NR) opened at $8.55 on Monday. The company has a current ratio of 3.19, a quick ratio of 2.14 and a debt-to-equity ratio of 0.29. Newpark Resources Inc has a 12-month low of $6.40 and a 12-month high of $10.20. The firm has a market cap of $762.82, a PE ratio of -122.13 and a beta of 1.56.
Newpark Resources (NYSE:NR) last announced its quarterly earnings results on Thursday, February 8th. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. Newpark Resources had a negative net margin of 0.82% and a positive return on equity of 1.59%. The firm had revenue of $204.40 million during the quarter, compared to the consensus estimate of $202.55 million. The firm’s quarterly revenue was up 49.1% compared to the same quarter last year. analysts anticipate that Newpark Resources Inc will post 0.39 earnings per share for the current year.
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About Newpark Resources
Newpark Resources, Inc is a supplier providing products and services primarily to the oil and gas exploration and production (E&P) industry. The Company’s segments include Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services to customers in the North America; Europe, the Middle East and Africa; Latin America, and Asia Pacific regions.
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