EAM Investors LLC Decreases Holdings in Energy Services of America Co. (NASDAQ:ESOA)

EAM Investors LLC reduced its stake in Energy Services of America Co. (NASDAQ:ESOA) by 5.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 78,109 shares of the company’s stock after selling 4,245 shares during the quarter. EAM Investors LLC’s holdings in Energy Services of America were worth $986,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP purchased a new position in Energy Services of America in the 4th quarter valued at about $100,000. Wells Fargo & Company MN acquired a new stake in shares of Energy Services of America during the fourth quarter worth about $111,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Energy Services of America in the fourth quarter valued at $140,000. Virtu Financial LLC raised its holdings in Energy Services of America by 35.4% in the third quarter. Virtu Financial LLC now owns 21,110 shares of the company’s stock valued at $201,000 after acquiring an additional 5,516 shares in the last quarter. Finally, Barclays PLC purchased a new stake in Energy Services of America during the 4th quarter worth about $234,000. 2.13% of the stock is currently owned by institutional investors and hedge funds.

Energy Services of America Stock Up 1.7 %

Shares of ESOA opened at $8.83 on Thursday. The stock has a 50 day moving average price of $9.63 and a 200 day moving average price of $11.73. Energy Services of America Co. has a 52-week low of $5.70 and a 52-week high of $19.83.

Energy Services of America (NASDAQ:ESOA) last released its quarterly earnings results on Monday, February 10th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05).

Energy Services of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.03 per share. The ex-dividend date was Monday, March 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.36%. Energy Services of America’s payout ratio is 65.57%.

Insider Activity at Energy Services of America

In other Energy Services of America news, Director Mark Prince acquired 21,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of $10.96 per share, with a total value of $230,160.00. Following the completion of the acquisition, the director now directly owns 100,071 shares of the company’s stock, valued at approximately $1,096,778.16. The trade was a 26.56 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 44.68% of the stock is currently owned by insiders.

Energy Services of America Company Profile

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.