Dimensional Fund Advisors LP Acquires 1,689 Shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM)

Dimensional Fund Advisors LP increased its position in shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) by 14.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,679 shares of the company’s stock after buying an additional 1,689 shares during the period. Dimensional Fund Advisors LP owned 0.55% of NCS Multistage worth $355,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in shares of NCS Multistage by 56.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,735 shares of the company’s stock valued at $71,000 after buying an additional 982 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of NCS Multistage in the 4th quarter valued at $247,000. Renaissance Technologies LLC acquired a new position in shares of NCS Multistage in the 4th quarter valued at $261,000. Empowered Funds LLC raised its stake in shares of NCS Multistage by 4.7% in the 4th quarter. Empowered Funds LLC now owns 20,034 shares of the company’s stock valued at $520,000 after buying an additional 892 shares in the last quarter. Finally, Tocqueville Asset Management L.P. raised its stake in shares of NCS Multistage by 3.1% in the 4th quarter. Tocqueville Asset Management L.P. now owns 142,702 shares of the company’s stock valued at $3,705,000 after buying an additional 4,345 shares in the last quarter. 70.91% of the stock is owned by institutional investors.

NCS Multistage Trading Down 1.3%

Shares of NCS Multistage stock opened at $31.99 on Friday. NCS Multistage Holdings, Inc. has a 12-month low of $15.90 and a 12-month high of $38.95. The company has a 50-day simple moving average of $31.15 and a 200 day simple moving average of $27.90. The company has a quick ratio of 2.63, a current ratio of 4.50 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $81.29 million, a P/E ratio of 1.88 and a beta of 0.66.

NCS Multistage (NASDAQ:NCSM) last issued its earnings results on Wednesday, April 30th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.72. NCS Multistage had a net margin of 27.99% and a return on equity of 2.60%. The company had revenue of $50.01 million for the quarter, compared to analyst estimates of $44.40 million.

NCS Multistage Company Profile

NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves.