Marshall Wace LLP Sells 35,276 Shares of Energy Services of America Co. (NASDAQ:ESOA)

Marshall Wace LLP reduced its position in shares of Energy Services of America Co. (NASDAQ:ESOA) by 39.9% in the fourth quarter, HoldingsChannel reports. The firm owned 53,042 shares of the company’s stock after selling 35,276 shares during the quarter. Marshall Wace LLP’s holdings in Energy Services of America were worth $669,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Quantbot Technologies LP bought a new stake in Energy Services of America during the fourth quarter valued at approximately $100,000. Wells Fargo & Company MN purchased a new position in shares of Energy Services of America during the 4th quarter worth $111,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Energy Services of America during the 4th quarter valued at $140,000. Virtu Financial LLC increased its stake in shares of Energy Services of America by 35.4% in the 3rd quarter. Virtu Financial LLC now owns 21,110 shares of the company’s stock worth $201,000 after purchasing an additional 5,516 shares in the last quarter. Finally, Barclays PLC bought a new position in Energy Services of America in the 4th quarter worth $234,000. Hedge funds and other institutional investors own 2.13% of the company’s stock.

Insider Buying and Selling

In other Energy Services of America news, Director Mark Prince purchased 21,000 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was acquired 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 of the company’s stock, valued at $1,096,778.16. This trade represents a 26.56 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 44.68% of the stock is currently owned by insiders.

Energy Services of America Trading Up 5.7 %

NASDAQ ESOA opened at $9.04 on Friday. The business’s fifty day moving average is $9.31 and its 200 day moving average is $11.65. Energy Services of America Co. has a fifty-two week low of $5.70 and a fifty-two week high of $19.83.

Energy Services of America (NASDAQ:ESOA) last released its earnings results 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Monday, March 31st. Energy Services of America’s dividend payout ratio (DPR) is 65.57%.

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.