Vanguard Group Inc increased its position in shares of Advanced Emissions Solutions, Inc. (NASDAQ:ADES) by 0.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 936,501 shares of the industrial products company’s stock after acquiring an additional 2,603 shares during the period. Vanguard Group Inc’s holdings in Advanced Emissions Solutions were worth $11,200,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. raised its position in Advanced Emissions Solutions by 16.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 41,301 shares of the industrial products company’s stock worth $470,000 after purchasing an additional 5,901 shares during the last quarter. Bank of America Corp DE raised its position in Advanced Emissions Solutions by 107.8% during the 2nd quarter. Bank of America Corp DE now owns 14,463 shares of the industrial products company’s stock worth $164,000 after purchasing an additional 7,502 shares during the last quarter. Bank of New York Mellon Corp raised its position in Advanced Emissions Solutions by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 451,393 shares of the industrial products company’s stock worth $5,128,000 after purchasing an additional 7,612 shares during the last quarter. SRS Capital Advisors Inc. bought a new position in Advanced Emissions Solutions during the 3rd quarter worth $151,000. Finally, Dimensional Fund Advisors LP raised its position in Advanced Emissions Solutions by 313.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 73,577 shares of the industrial products company’s stock worth $880,000 after purchasing an additional 55,768 shares during the last quarter. Hedge funds and other institutional investors own 73.73% of the company’s stock.

In other Advanced Emissions Solutions news, Director Fundamental Advisers Sp L. Alta acquired 55,000 shares of the stock in a transaction dated Monday, December 31st. The stock was purchased at an average cost of $10.34 per share, with a total value of $568,700.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Alta Fundamental Advisers Llc acquired 10,000 shares of the stock in a transaction dated Friday, December 27th. The stock was acquired at an average cost of $9.85 per share, with a total value of $98,500.00. The disclosure for this purchase can be found here. Over the last three months, insiders bought 185,000 shares of company stock valued at $1,883,950. Corporate insiders own 10.60% of the company’s stock.

Shares of NASDAQ:ADES opened at $11.56 on Wednesday. The firm has a market cap of $225.64 million, a P/E ratio of 5.66 and a beta of 1.38. Advanced Emissions Solutions, Inc. has a 12-month low of $7.09 and a 12-month high of $12.37.

Advanced Emissions Solutions (NASDAQ:ADES) last announced its earnings results on Wednesday, November 7th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.29). The company had revenue of $5.15 million for the quarter, compared to the consensus estimate of $4.94 million. Advanced Emissions Solutions had a return on equity of 53.06% and a net margin of 255.65%. On average, equities research analysts anticipate that Advanced Emissions Solutions, Inc. will post 1.79 earnings per share for the current year.

Several research analysts recently issued reports on ADES shares. ValuEngine raised Advanced Emissions Solutions from a “hold” rating to a “buy” rating in a research report on Monday. HC Wainwright set a $18.00 target price on Advanced Emissions Solutions and gave the stock a “buy” rating in a research report on Friday, November 16th. Finally, Zacks Investment Research lowered Advanced Emissions Solutions from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 13th.

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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.

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

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