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

EAM Investors LLC trimmed its stake in Energy Services of America Co. (NASDAQ:ESOA) by 5.2% in the fourth quarter, according to the company in its most recent disclosure 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 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in Energy Services of America in the 4th quarter valued at $100,000. Wells Fargo & Company MN acquired a new position in shares of Energy Services of America in the 4th quarter valued at about $111,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Energy Services of America during the fourth quarter worth approximately $140,000. Barclays PLC acquired a new stake in Energy Services of America in the 4th quarter valued at $234,000. Finally, Virtu Financial LLC grew its stake in shares of 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 buying an additional 5,516 shares in the last quarter. Institutional investors and hedge funds own 2.13% of the company’s stock.

Energy Services of America Trading Up 1.7 %

ESOA opened at $8.83 on Thursday. Energy Services of America Co. has a 52-week low of $5.70 and a 52-week high of $19.83. The firm’s 50 day moving average is $9.63 and its 200-day moving average is $11.73.

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

Energy Services of America Dividend Announcement

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

Insider Buying and Selling

In related news, Director Mark Prince acquired 21,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average cost of $10.96 per share, for a total transaction of $230,160.00. Following the purchase, the director now directly owns 100,071 shares in the company, valued at $1,096,778.16. This represents a 26.56 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 44.68% of the stock is currently owned by company insiders.

Energy Services of America 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.