Energy Services of America Co. (NASDAQ:ESOA) Stock Holdings Lessened by First Trust Advisors LP

First Trust Advisors LP lessened its holdings in shares of Energy Services of America Co. (NASDAQ:ESOA) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,040 shares of the company’s stock after selling 3,947 shares during the period. First Trust Advisors LP’s holdings in Energy Services of America were worth $442,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Huntington National Bank raised its stake in shares of Energy Services of America by 80.1% during the fourth quarter. Huntington National Bank now owns 678,588 shares of the company’s stock valued at $8,564,000 after purchasing an additional 301,800 shares in the last quarter. Truffle Hound Capital LLC acquired a new stake in Energy Services of America in the fourth quarter worth approximately $5,048,000. American Century Companies Inc. increased its position in shares of Energy Services of America by 46.0% during the 4th quarter. American Century Companies Inc. now owns 256,616 shares of the company’s stock valued at $3,238,000 after purchasing an additional 80,878 shares during the period. Bank of New York Mellon Corp bought a new stake in Energy Services of America in the fourth quarter worth about $1,318,000. Finally, Verdence Capital Advisors LLC bought a new stake in Energy Services of America during the fourth quarter worth approximately $821,000. 2.13% of the stock is currently owned by institutional investors and hedge funds.

Energy Services of America Stock Down 4.0 %

NASDAQ ESOA opened at $9.45 on Friday. The business’s fifty day moving average is $9.21 and its two-hundred day moving average is $11.59. Energy Services of America Co. has a 1 year low of $5.70 and a 1 year high of $19.83.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings data 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.27%. Energy Services of America’s dividend payout ratio is 65.57%.

Insider Activity at Energy Services of America

In other news, Director Mark Prince purchased 21,000 shares of Energy Services of America stock in a transaction dated 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 acquisition, the director now directly owns 100,071 shares in the company, valued at $1,096,778.16. This represents a 26.56 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 44.68% of the company’s stock.

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.