Virtu Financial LLC Boosts Position in Energy Services of America Co. (NASDAQ:ESOA)

Virtu Financial LLC lifted its position in Energy Services of America Co. (NASDAQ:ESOA) by 35.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,110 shares of the company’s stock after purchasing an additional 5,516 shares during the quarter. Virtu Financial LLC’s holdings in Energy Services of America were worth $201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ESOA. American Century Companies Inc. increased its position in shares of Energy Services of America by 257.5% during the 2nd quarter. American Century Companies Inc. now owns 117,124 shares of the company’s stock worth $839,000 after purchasing an additional 84,362 shares during the last quarter. Huntington National Bank increased its position in shares of Energy Services of America by 15.7% during the third quarter. Huntington National Bank now owns 376,788 shares of the company’s stock valued at $3,579,000 after acquiring an additional 51,200 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Energy Services of America in the 3rd quarter valued at approximately $452,000. XTX Topco Ltd acquired a new position in shares of Energy Services of America in the 3rd quarter worth approximately $401,000. Finally, Raffles Associates LP boosted its position in shares of Energy Services of America by 22.6% during the 2nd quarter. Raffles Associates LP now owns 217,533 shares of the company’s stock worth $1,558,000 after purchasing an additional 40,142 shares during the period. 2.13% of the stock is currently owned by institutional investors and hedge funds.

Energy Services of America Price Performance

Shares of NASDAQ ESOA opened at $16.23 on Thursday. Energy Services of America Co. has a 52-week low of $5.00 and a 52-week high of $19.83. The business’s 50 day moving average is $13.31 and its two-hundred day moving average is $10.06.

Energy Services of America (NASDAQ:ESOA) last announced its earnings results on Monday, December 16th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.28.

Energy Services of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be paid a dividend of $0.03 per share. This is an increase from Energy Services of America’s previous quarterly dividend of $0.02. This represents a $0.12 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Friday, December 13th. Energy Services of America’s dividend payout ratio is presently 16.39%.

Insiders Place Their Bets

In other Energy Services of America news, Director Jack M. Reynolds sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $10.30, for a total transaction of $257,500.00. Following the completion of the transaction, the director now owns 408,385 shares in the company, valued at $4,206,365.50. The trade was a 5.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 44.68% of the stock is owned by company insiders.

About Energy Services of America

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.