Dimensional Fund Advisors LP Buys 15,761 Shares of Energy Services of America Co. (NASDAQ:ESOA)

Dimensional Fund Advisors LP lifted its stake in Energy Services of America Co. (NASDAQ:ESOA) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,773 shares of the company’s stock after acquiring an additional 15,761 shares during the period. Dimensional Fund Advisors LP’s holdings in Energy Services of America were worth $2,698,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ESOA. Empowered Funds LLC bought a new position in shares of Energy Services of America in the 4th quarter worth $731,000. Nkcfo LLC purchased a new position in Energy Services of America during the 4th quarter worth $316,000. Navellier & Associates Inc. grew its stake in Energy Services of America by 4.2% during the 4th quarter. Navellier & Associates Inc. now owns 34,000 shares of the company’s stock worth $429,000 after buying an additional 1,382 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Energy Services of America during the 4th quarter worth $1,318,000. Finally, Verdence Capital Advisors LLC purchased a new position in Energy Services of America during the 4th quarter worth $821,000. 2.13% of the stock is owned by institutional investors.

Energy Services of America Stock Performance

Shares of ESOA stock opened at $8.23 on Wednesday. Energy Services of America Co. has a 1-year low of $5.89 and a 1-year high of $19.83. The stock’s fifty day moving average price is $9.17 and its 200 day moving average price is $11.59.

Energy Services of America (NASDAQ:ESOA) last announced its earnings results on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05).

Energy Services of America Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid 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 yield of 1.46%. Energy Services of America’s payout ratio is presently 65.57%.

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.