Sterling Investment Advisors Ltd. bought a new stake in shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,000 shares of the industrial products company’s stock, valued at approximately $136,000.

Several other institutional investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP purchased a new stake in shares of Fairmount Santrol in the third quarter valued at approximately $101,000. GSA Capital Partners LLP grew its position in shares of Fairmount Santrol by 92.3% in the third quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock valued at $107,000 after purchasing an additional 10,726 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Fairmount Santrol by 183.3% in the second quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after purchasing an additional 20,128 shares in the last quarter. NEXT Financial Group Inc grew its position in shares of Fairmount Santrol by 86.2% in the fourth quarter. NEXT Financial Group Inc now owns 24,200 shares of the industrial products company’s stock valued at $127,000 after purchasing an additional 11,200 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in shares of Fairmount Santrol by 80.5% in the third quarter. Oppenheimer & Co. Inc. now owns 27,810 shares of the industrial products company’s stock valued at $133,000 after purchasing an additional 12,400 shares in the last quarter. 75.34% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on FMSA. Cowen set a $6.00 price target on Fairmount Santrol and gave the company a “buy” rating in a research report on Thursday, January 11th. Howard Weil lowered Fairmount Santrol from a “sector outperform” rating to a “sector perform” rating in a research report on Friday, January 12th. Scotia Howard Weill restated a “sector perform” rating on shares of Fairmount Santrol in a research report on Friday, January 12th. Zacks Investment Research lowered Fairmount Santrol from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Finally, Royal Bank of Canada set a $7.00 price objective on Fairmount Santrol and gave the stock a “buy” rating in a research report on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $5.95.

Fairmount Santrol Holdings Inc. (FMSA) opened at $5.74 on Monday. The firm has a market capitalization of $1,286.29, a P/E ratio of 143.50 and a beta of 2.11. Fairmount Santrol Holdings Inc. has a 52-week low of $2.46 and a 52-week high of $13.02. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.52 and a quick ratio of 2.11.

Fairmount Santrol (NYSE:FMSA) last released its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. Fairmount Santrol had a return on equity of 4.05% and a net margin of 1.69%. The business had revenue of $280.05 million during the quarter, compared to analyst estimates of $264.02 million. During the same period last year, the business posted ($0.11) earnings per share. The company’s quarterly revenue was up 107.8% on a year-over-year basis. analysts anticipate that Fairmount Santrol Holdings Inc. will post 0.29 EPS for the current fiscal year.

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Fairmount Santrol Company Profile

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.

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Institutional Ownership by Quarter for Fairmount Santrol (NYSE:FMSA)

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