State Street Corp Acquires 5,000 Shares of Energy Services of America Co. (NASDAQ:ESOA)

State Street Corp raised its stake in shares of Energy Services of America Co. (NASDAQ:ESOA) by 16.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,529 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. State Street Corp’s holdings in Energy Services of America were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ESOA. GSA Capital Partners LLP acquired a new stake in Energy Services of America in the 3rd quarter valued at $452,000. Ritholtz Wealth Management lifted its holdings in shares of Energy Services of America by 7.7% during the third quarter. Ritholtz Wealth Management now owns 65,547 shares of the company’s stock valued at $623,000 after acquiring an additional 4,669 shares during the period. American Century Companies Inc. boosted its stake in shares of Energy Services of America by 257.5% in the 2nd quarter. American Century Companies Inc. now owns 117,124 shares of the company’s stock valued at $839,000 after purchasing an additional 84,362 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Energy Services of America by 20.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 178,625 shares of the company’s stock worth $1,279,000 after purchasing an additional 30,694 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Energy Services of America by 12.8% during the 2nd quarter. Renaissance Technologies LLC now owns 203,892 shares of the company’s stock worth $1,460,000 after purchasing an additional 23,192 shares in the last quarter. 2.13% of the stock is currently owned by institutional investors.

Insider Activity

In other Energy Services of America news, Director Marshall T. Reynolds sold 11,005 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $17.20, for a total value of $189,286.00. Following the completion of the sale, the director now owns 1,568,298 shares in the company, valued at approximately $26,974,725.60. This trade represents a 0.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 44.68% of the stock is currently owned by corporate insiders.

Energy Services of America Stock Performance

NASDAQ:ESOA opened at $12.84 on Friday. Energy Services of America Co. has a 12 month low of $5.22 and a 12 month high of $19.83. The company’s 50-day moving average price is $14.25 and its two-hundred day moving average price is $10.63.

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

Energy Services of America Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Energy Services of America’s previous quarterly dividend of $0.02. Energy Services of America’s dividend payout ratio is presently 16.39%.

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.