Dendur Capital LP Invests $9.21 Million in Aspen Aerogels, Inc. (NYSE:ASPN)

Dendur Capital LP acquired a new stake in Aspen Aerogels, Inc. (NYSE:ASPN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 775,000 shares of the construction company's stock, valued at approximately $9,207,000. Aspen Aerogels accounts for 1.0% of Dendur Capital LP's holdings, making the stock its 15th biggest holding. Dendur Capital LP owned 0.94% of Aspen Aerogels as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of ASPN. AlphaQuest LLC increased its holdings in Aspen Aerogels by 54.0% in the fourth quarter. AlphaQuest LLC now owns 11,395 shares of the construction company's stock valued at $135,000 after buying an additional 3,998 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Aspen Aerogels in the fourth quarter valued at approximately $164,000. Journey Strategic Wealth LLC purchased a new stake in Aspen Aerogels during the 4th quarter worth $178,000. Ballentine Partners LLC increased its holdings in Aspen Aerogels by 19.2% during the 4th quarter. Ballentine Partners LLC now owns 15,914 shares of the construction company's stock worth $189,000 after purchasing an additional 2,565 shares during the last quarter. Finally, Capula Management Ltd bought a new position in shares of Aspen Aerogels during the fourth quarter worth about $208,000. 97.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ASPN shares. Barclays dropped their target price on Aspen Aerogels from $25.00 to $13.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 19th. Canaccord Genuity Group dropped their price target on Aspen Aerogels from $20.00 to $15.00 and set a "buy" rating on the stock in a report on Friday, February 14th. B. Riley reduced their price target on shares of Aspen Aerogels from $35.00 to $22.00 and set a "buy" rating for the company in a research report on Wednesday, February 19th. StockNews.com upgraded Aspen Aerogels to a "sell" rating in a report on Wednesday, February 19th. Finally, Roth Mkm dropped their price objective on Aspen Aerogels from $22.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Aspen Aerogels currently has a consensus rating of "Moderate Buy" and a consensus target price of $19.11.

Aspen Aerogels Stock Down 2.2 %

Shares of NYSE ASPN traded down $0.12 during midday trading on Monday, hitting $5.43. 457,311 shares of the stock traded hands, compared to its average volume of 1,925,015. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 2.93. The business has a 50 day moving average price of $6.54 and a two-hundred day moving average price of $11.62. The company has a market cap of $445.50 million, a PE ratio of 34.03 and a beta of 2.35. Aspen Aerogels, Inc. has a one year low of $4.80 and a one year high of $33.15.

Aspen Aerogels (NYSE:ASPN - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The construction company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.11. Aspen Aerogels had a net margin of 2.95% and a return on equity of 7.49%. On average, equities analysts predict that Aspen Aerogels, Inc. will post 0.17 EPS for the current year.

About Aspen Aerogels

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.