Keane Group (NYSE:FRAC) Chairman James Carl Stewart sold 5,200 shares of the company’s stock in a transaction dated Tuesday, April 24th. The stock was sold at an average price of $16.01, for a total value of $83,252.00. Following the sale, the chairman now owns 85,512 shares of the company’s stock, valued at $1,369,047.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

James Carl Stewart also recently made the following trade(s):

  • On Thursday, April 19th, James Carl Stewart sold 40,977 shares of Keane Group stock. The stock was sold at an average price of $16.01, for a total value of $656,041.77.

FRAC stock opened at $15.70 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.55 and a debt-to-equity ratio of 0.54. Keane Group has a 1 year low of $12.42 and a 1 year high of $19.83. The stock has a market capitalization of $1,746.51, a PE ratio of 129.67, a P/E/G ratio of 0.28 and a beta of -0.39.

Keane Group (NYSE:FRAC) last posted its earnings results on Monday, February 26th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Keane Group had a positive return on equity of 3.61% and a negative net margin of 2.30%. The business had revenue of $501.49 million during the quarter, compared to analyst estimates of $502.18 million. equities analysts predict that Keane Group will post 1.37 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of FRAC. MetLife Investment Advisors LLC acquired a new stake in Keane Group during the 4th quarter valued at approximately $326,000. Macquarie Group Ltd. grew its stake in Keane Group by 11.9% during the 4th quarter. Macquarie Group Ltd. now owns 1,436,996 shares of the company’s stock valued at $27,317,000 after purchasing an additional 152,504 shares in the last quarter. PEAK6 Investments L.P. acquired a new stake in Keane Group during the 4th quarter valued at approximately $215,000. TIAA CREF Investment Management LLC grew its stake in Keane Group by 2.6% during the 4th quarter. TIAA CREF Investment Management LLC now owns 215,463 shares of the company’s stock valued at $4,096,000 after purchasing an additional 5,553 shares in the last quarter. Finally, Teachers Advisors LLC grew its stake in Keane Group by 6.3% during the 4th quarter. Teachers Advisors LLC now owns 202,543 shares of the company’s stock valued at $3,850,000 after purchasing an additional 11,977 shares in the last quarter. Institutional investors and hedge funds own 34.19% of the company’s stock.

Several equities research analysts have commented on the company. Piper Jaffray set a $22.00 price target on Keane Group and gave the stock a “buy” rating in a research note on Monday, March 19th. ValuEngine lowered Keane Group from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Scotiabank upgraded Keane Group from a “sector perform” rating to a “buy” rating in a research note on Wednesday, February 7th. Citigroup upgraded Keane Group from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $20.00 to $18.00 in a research note on Tuesday, February 13th. Finally, Zacks Investment Research lowered Keane Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $20.31.

About Keane Group

Keane Group, Inc provides integrated well completion services primarily in the United States. Its principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. The company also provides cementing and drilling services; and engineering software and technical guidance for remedial cementing applications and acidizing.

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