WINTON GROUP Ltd Invests $311,000 in Mammoth Energy Services Inc (NASDAQ:TUSK)

WINTON GROUP Ltd purchased a new position in Mammoth Energy Services Inc (NASDAQ:TUSK) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 45,256 shares of the energy company’s stock, valued at approximately $311,000.

A number of other large investors have also modified their holdings of TUSK. Janus Henderson Group PLC raised its position in Mammoth Energy Services by 102.6% in the 1st quarter. Janus Henderson Group PLC now owns 1,467,133 shares of the energy company’s stock worth $24,428,000 after buying an additional 743,129 shares during the last quarter. Bank of New York Mellon Corp raised its position in Mammoth Energy Services by 657.9% in the 4th quarter. Bank of New York Mellon Corp now owns 340,869 shares of the energy company’s stock worth $6,128,000 after buying an additional 295,894 shares during the last quarter. State of New Jersey Common Pension Fund D purchased a new position in Mammoth Energy Services in the 1st quarter worth about $3,663,000. Marshall Wace LLP raised its position in Mammoth Energy Services by 1,032.2% in the 1st quarter. Marshall Wace LLP now owns 182,530 shares of the energy company’s stock worth $3,039,000 after buying an additional 166,409 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Mammoth Energy Services by 41.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 373,045 shares of the energy company’s stock worth $6,707,000 after buying an additional 109,883 shares during the last quarter. 82.08% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on TUSK shares. BidaskClub lowered Mammoth Energy Services from a “sell” rating to a “strong sell” rating in a research report on Tuesday, April 30th. Zacks Investment Research raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Friday, July 5th. Stephens lowered Mammoth Energy Services from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $25.00 to $7.00 in a research report on Friday, June 7th. Barclays set a $19.00 target price on Mammoth Energy Services and gave the stock a “buy” rating in a research report on Friday, May 3rd. Finally, TheStreet lowered Mammoth Energy Services from a “c-” rating to a “d+” rating in a research report on Tuesday, June 11th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $14.83.

Shares of NASDAQ TUSK traded down $1.53 during midday trading on Friday, hitting $4.50. 838,204 shares of the company’s stock traded hands, compared to its average volume of 336,607. Mammoth Energy Services Inc has a 1 year low of $4.40 and a 1 year high of $40.75. The stock has a market capitalization of $290.80 million, a PE ratio of 0.80 and a beta of 1.48. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.48 and a quick ratio of 2.39. The company has a fifty day moving average price of $6.68.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings results on Thursday, August 1st. The energy company reported ($0.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.17). Mammoth Energy Services had a net margin of 14.32% and a return on equity of 31.76%. The business had revenue of $181.80 million for the quarter, compared to analysts’ expectations of $195.78 million. During the same period in the previous year, the company earned $1.34 EPS. Mammoth Energy Services’s revenue for the quarter was down 65.9% compared to the same quarter last year. On average, analysts predict that Mammoth Energy Services Inc will post 0.36 EPS for the current year.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an oilfield service company. The company operates in three segments: Infrastructure Services, Pressure Pumping Services, and Natural Sand Proppant Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution networks, and substation facilities, including the construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.

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Institutional Ownership by Quarter for Mammoth Energy Services (NASDAQ:TUSK)

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