Advanced Emissions Solutions, Inc. (ADES) Stake Raised by Advisor Group Inc.

Advisor Group Inc. grew its position in Advanced Emissions Solutions, Inc. (NASDAQ:ADES) by 76.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,801 shares of the industrial products company’s stock after acquiring an additional 2,074 shares during the quarter. Advisor Group Inc.’s holdings in Advanced Emissions Solutions were worth $51,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Rhumbline Advisers boosted its holdings in shares of Advanced Emissions Solutions by 45.6% during the fourth quarter. Rhumbline Advisers now owns 24,072 shares of the industrial products company’s stock worth $254,000 after acquiring an additional 7,537 shares during the period. Vanguard Group Inc boosted its holdings in shares of Advanced Emissions Solutions by 0.3% during the third quarter. Vanguard Group Inc now owns 936,501 shares of the industrial products company’s stock worth $11,200,000 after acquiring an additional 2,603 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Advanced Emissions Solutions by 313.1% during the third quarter. Dimensional Fund Advisors LP now owns 73,577 shares of the industrial products company’s stock worth $880,000 after acquiring an additional 55,768 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Advanced Emissions Solutions by 3.0% during the third quarter. Bank of New York Mellon Corp now owns 465,123 shares of the industrial products company’s stock worth $5,563,000 after acquiring an additional 13,730 shares during the period. 71.35% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ ADES opened at $12.65 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 0.93. Advanced Emissions Solutions, Inc. has a 1-year low of $9.01 and a 1-year high of $13.15. The company has a market capitalization of $232.49 million, a PE ratio of 7.19 and a beta of 1.37.

Advanced Emissions Solutions (NASDAQ:ADES) last released its quarterly earnings results on Monday, March 18th. The industrial products company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Advanced Emissions Solutions had a net margin of 148.06% and a return on equity of 46.43%. The business had revenue of $10.63 million during the quarter, compared to analyst estimates of $4.76 million. On average, sell-side analysts anticipate that Advanced Emissions Solutions, Inc. will post 3.39 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the company. ValuEngine cut Advanced Emissions Solutions from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Zacks Investment Research upgraded Advanced Emissions Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, January 3rd. Finally, HC Wainwright reiterated a “buy” rating on shares of Advanced Emissions Solutions in a research report on Wednesday, March 20th.

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About Advanced Emissions Solutions

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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