Segall Bryant & Hamill LLC grew its stake in C&J Energy Services Inc (NYSE:CJ) by 38.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 296,923 shares of the company’s stock after acquiring an additional 81,992 shares during the period. Segall Bryant & Hamill LLC’s holdings in C&J Energy Services were worth $4,008,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. raised its stake in shares of C&J Energy Services by 281.5% in the 4th quarter. Meeder Asset Management Inc. now owns 2,129 shares of the company’s stock valued at $28,000 after acquiring an additional 1,571 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of C&J Energy Services by 14,486.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,543 shares of the company’s stock valued at $115,000 after acquiring an additional 5,505 shares during the period. Neuburgh Advisers LLC raised its stake in shares of C&J Energy Services by 25.5% in the 4th quarter. Neuburgh Advisers LLC now owns 9,376 shares of the company’s stock valued at $127,000 after acquiring an additional 1,904 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of C&J Energy Services by 56.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,935 shares of the company’s stock valued at $134,000 after acquiring an additional 3,568 shares during the period. Finally, Crossmark Global Holdings Inc. raised its stake in shares of C&J Energy Services by 43.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 13,930 shares of the company’s stock valued at $188,000 after acquiring an additional 4,190 shares during the period.

Shares of CJ stock opened at $14.88 on Monday. The company has a market capitalization of $982.97 million, a P/E ratio of 18.37 and a beta of 1.57. C&J Energy Services Inc has a fifty-two week low of $12.35 and a fifty-two week high of $32.08.

C&J Energy Services (NYSE:CJ) last announced its quarterly earnings data on Thursday, February 21st. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.01. The firm had revenue of $490.60 million during the quarter, compared to analysts’ expectations of $489.07 million. C&J Energy Services had a negative net margin of 5.85% and a positive return on equity of 4.14%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 earnings per share. Research analysts expect that C&J Energy Services Inc will post -0.81 EPS for the current fiscal year.

CJ has been the topic of a number of research analyst reports. BMO Capital Markets reissued an “average” rating and issued a $4.00 price target on shares of C&J Energy Services in a research note on Monday, December 10th. Piper Jaffray Companies reissued a “buy” rating and issued a $23.50 price target on shares of C&J Energy Services in a research note on Thursday, December 27th. Bank of America reissued a “buy” rating and issued a $20.00 price target (down from $28.00) on shares of C&J Energy Services in a research note on Monday, December 3rd. Canaccord Genuity restated a “buy” rating and issued a $4.25 price objective on shares of C&J Energy Services in a report on Thursday, November 29th. Finally, GMP Securities restated a “buy” rating and issued a $4.00 price objective on shares of C&J Energy Services in a report on Sunday, March 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. C&J Energy Services has an average rating of “Hold” and an average target price of $19.17.

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C&J Energy Services Company Profile

C&J Energy Services, Inc provides well construction, well completion, well support, and other complementary oilfield services and technologies to oil and gas exploration and production companies throughout the continental United States. It operates through Completion Services and Well Support Services segments.

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Institutional Ownership by Quarter for C&J Energy Services (NYSE:CJ)

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