Advanced Emissions Solutions, Inc. (NASDAQ:ADES) Director Fundamental Advisers Sp L. Alta purchased 262,266 shares of Advanced Emissions Solutions stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average cost of $9.89 per share, with a total value of $2,593,810.74. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Advanced Emissions Solutions, Inc. (NASDAQ ADES) traded down $0.05 on Friday, reaching $9.97. The company had a trading volume of 650,378 shares, compared to its average volume of 180,993. The stock has a market capitalization of $211.32, a P/E ratio of 6.40 and a beta of 2.66. Advanced Emissions Solutions, Inc. has a 1 year low of $7.65 and a 1 year high of $12.25.

Advanced Emissions Solutions (NASDAQ:ADES) last announced its quarterly earnings data on Monday, November 6th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.43). Advanced Emissions Solutions had a net margin of 249.58% and a return on equity of 45.61%. The firm had revenue of $2.29 million for the quarter, compared to analyst estimates of $8.30 million. equities research analysts expect that Advanced Emissions Solutions, Inc. will post 1.29 EPS for the current year.

Advanced Emissions Solutions announced that its Board of Directors has initiated a stock buyback plan on Monday, December 4th that permits the company to buyback $10.00 million in outstanding shares. This buyback authorization permits the industrial products company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Friday, November 17th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.03%. The ex-dividend date of this dividend was Thursday, November 16th. Advanced Emissions Solutions’s payout ratio is currently 23.09%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kestrel Investment Management Corp acquired a new stake in Advanced Emissions Solutions during the third quarter valued at approximately $3,123,000. Dimensional Fund Advisors LP acquired a new stake in Advanced Emissions Solutions during the third quarter valued at approximately $206,000. Wells Fargo & Company MN acquired a new stake in Advanced Emissions Solutions during the third quarter valued at approximately $269,000. Dynamic Technology Lab Private Ltd acquired a new stake in Advanced Emissions Solutions during the third quarter valued at approximately $244,000. Finally, Chicago Equity Partners LLC acquired a new stake in Advanced Emissions Solutions during the third quarter valued at approximately $332,000. Hedge funds and other institutional investors own 71.29% of the company’s stock.

A number of brokerages recently commented on ADES. Zacks Investment Research downgraded Advanced Emissions Solutions from a “hold” rating to a “strong sell” rating in a report on Friday, November 10th. ValuEngine downgraded Advanced Emissions Solutions from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Canaccord Genuity reissued a “buy” rating and issued a $20.00 price target on shares of Advanced Emissions Solutions in a report on Thursday, September 28th. Finally, HC Wainwright reissued a “buy” rating and issued a $18.00 price target on shares of Advanced Emissions Solutions in a report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $17.00.

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Advanced Emissions Solutions Company Profile

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

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