Vanguard Group Inc raised its holdings in Dawson Geophysical Co (NASDAQ:DWSN) by 4.5% in the third quarter, HoldingsChannel.com reports. The fund owned 930,101 shares of the oil and gas company’s stock after buying an additional 39,776 shares during the quarter. Vanguard Group Inc’s holdings in Dawson Geophysical were worth $5,757,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in Dawson Geophysical by 101.2% in the second quarter. BlackRock Inc. now owns 1,945,151 shares of the oil and gas company’s stock valued at $15,366,000 after acquiring an additional 978,357 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Dawson Geophysical by 3.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,724,353 shares of the oil and gas company’s stock valued at $10,674,000 after acquiring an additional 63,732 shares during the period. Grace & White Inc. NY lifted its holdings in Dawson Geophysical by 3.6% in the third quarter. Grace & White Inc. NY now owns 1,083,667 shares of the oil and gas company’s stock valued at $6,708,000 after acquiring an additional 37,366 shares during the period. Vanguard Group Inc. lifted its holdings in Dawson Geophysical by 4.5% in the third quarter. Vanguard Group Inc. now owns 930,101 shares of the oil and gas company’s stock valued at $5,757,000 after acquiring an additional 39,776 shares during the period. Finally, Bridgeway Capital Management Inc. lifted its holdings in Dawson Geophysical by 24.3% in the third quarter. Bridgeway Capital Management Inc. now owns 367,044 shares of the oil and gas company’s stock valued at $2,272,000 after acquiring an additional 71,700 shares during the period. 69.90% of the stock is owned by institutional investors.

A number of equities research analysts have commented on DWSN shares. Zacks Investment Research raised Dawson Geophysical from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. ValuEngine downgraded Dawson Geophysical from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Finally, TheStreet downgraded Dawson Geophysical from a “c-” rating to a “d+” rating in a report on Thursday, December 6th.

Dawson Geophysical stock traded up $0.03 during midday trading on Monday, reaching $3.69. The company’s stock had a trading volume of 3,212 shares, compared to its average volume of 45,763. Dawson Geophysical Co has a fifty-two week low of $3.04 and a fifty-two week high of $8.40. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.46 and a current ratio of 3.46. The company has a market cap of $83.97 million, a P/E ratio of -2.69 and a beta of 1.05.

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Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries.

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Institutional Ownership by Quarter for Dawson Geophysical (NASDAQ:DWSN)

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