Private Advisor Group LLC grew its stake in shares of Emerge Energy Services LP (NYSE:EMES) by 88.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,100 shares of the oil and gas company’s stock after buying an additional 8,950 shares during the period. Private Advisor Group LLC owned 0.06% of Emerge Energy Services worth $135,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. GSA Capital Partners LLP grew its stake in shares of Emerge Energy Services by 42.1% during the 2nd quarter. GSA Capital Partners LLP now owns 198,162 shares of the oil and gas company’s stock valued at $1,413,000 after buying an additional 58,700 shares during the period. Allianz Asset Management GmbH acquired a new position in shares of Emerge Energy Services during the 1st quarter valued at $1,048,000. Finally, Sanders Morris Harris LLC lifted its holdings in shares of Emerge Energy Services by 156.1% during the 2nd quarter. Sanders Morris Harris LLC now owns 88,600 shares of the oil and gas company’s stock valued at $632,000 after acquiring an additional 54,000 shares in the last quarter. 12.05% of the stock is owned by institutional investors.

NYSE:EMES opened at $4.93 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 2.81. The firm has a market cap of $152.07 million, a P/E ratio of -41.08 and a beta of 1.96. Emerge Energy Services LP has a twelve month low of $4.46 and a twelve month high of $10.45.

Emerge Energy Services (NYSE:EMES) last posted its earnings results on Wednesday, August 1st. The oil and gas company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.08). Emerge Energy Services had a net margin of 5.19% and a return on equity of 40.78%. The business had revenue of $101.84 million for the quarter, compared to analyst estimates of $122.78 million. During the same quarter in the previous year, the firm posted ($0.11) EPS. The business’s revenue was up 23.3% compared to the same quarter last year. sell-side analysts forecast that Emerge Energy Services LP will post 1.25 EPS for the current year.

Several equities analysts recently weighed in on EMES shares. Zacks Investment Research upgraded shares of Emerge Energy Services from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a report on Tuesday, July 3rd. B. Riley reduced their target price on shares of Emerge Energy Services from $9.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, September 6th. Stifel Nicolaus lowered shares of Emerge Energy Services from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. ValuEngine upgraded shares of Emerge Energy Services from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 31st. Finally, Seaport Global Securities restated a “buy” rating and set a $11.00 target price on shares of Emerge Energy Services in a report on Monday, August 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Emerge Energy Services has an average rating of “Hold” and an average target price of $8.29.

Emerge Energy Services Company Profile

Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the United States. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells. The company serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing.

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

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