Dimensional Fund Advisors LP reduced its stake in shares of Orion Energy Systems, Inc. (NASDAQ:OESX) by 32.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 307,250 shares of the electronics maker’s stock after selling 147,815 shares during the period. Dimensional Fund Advisors LP’s holdings in Orion Energy Systems were worth $344,000 as of its most recent SEC filing.

Separately, Prudential Financial Inc. raised its holdings in Orion Energy Systems by 11.1% during the 2nd quarter. Prudential Financial Inc. now owns 103,000 shares of the electronics maker’s stock worth $132,000 after buying an additional 10,300 shares during the period. 43.15% of the stock is currently owned by institutional investors.

Shares of Orion Energy Systems, Inc. (OESX) opened at $0.80 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.27 and a current ratio of 1.78. The company has a market cap of $23.11, a P/E ratio of -1.19 and a beta of 1.12. Orion Energy Systems, Inc. has a fifty-two week low of $0.73 and a fifty-two week high of $2.11.

Orion Energy Systems (NASDAQ:OESX) last announced its earnings results on Wednesday, February 7th. The electronics maker reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. The firm had revenue of $17.26 million for the quarter, compared to the consensus estimate of $18.55 million. Orion Energy Systems had a negative net margin of 31.32% and a negative return on equity of 57.15%. equities analysts anticipate that Orion Energy Systems, Inc. will post -0.49 earnings per share for the current fiscal year.

OESX has been the topic of several research analyst reports. HC Wainwright restated a “buy” rating on shares of Orion Energy Systems in a report on Friday, November 3rd. Zacks Investment Research downgraded shares of Orion Energy Systems from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Orion Energy Systems has a consensus rating of “Hold” and a consensus price target of $1.33.

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Orion Energy Systems Profile

Orion Energy Systems, Inc is a designer and manufacturer of lighting platforms. The Company researches, develops, designs, manufactures, markets, sells and implements energy management systems consisting primarily of commercial and industrial interior and exterior lighting systems, and related services.

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Institutional Ownership by Quarter for Orion Energy Systems (NASDAQ:OESX)

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