Mammoth Energy Services, Inc. (NASDAQ:TUSK) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 11.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 991,223 shares of the energy company's stock after acquiring an additional 98,295 shares during the quarter. Dimensional Fund Advisors LP owned about 2.06% of Mammoth Energy Services worth $2,973,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Invesco Ltd. purchased a new stake in shares of Mammoth Energy Services during the 4th quarter valued at about $30,000. Marshall Wace LLP acquired a new stake in Mammoth Energy Services during the 4th quarter valued at $42,000. Barclays PLC increased its stake in Mammoth Energy Services by 7.8% during the 4th quarter. Barclays PLC now owns 61,549 shares of the energy company's stock worth $185,000 after buying an additional 4,468 shares during the period. JPMorgan Chase & Co. lifted its holdings in Mammoth Energy Services by 465.2% in the 4th quarter. JPMorgan Chase & Co. now owns 63,079 shares of the energy company's stock worth $189,000 after buying an additional 51,919 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Mammoth Energy Services by 11.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 70,674 shares of the energy company's stock worth $212,000 after buying an additional 7,064 shares in the last quarter. 79.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Mammoth Energy Services from a "hold" rating to a "buy" rating in a research note on Thursday, May 8th.

Mammoth Energy Services Stock Up 2.9%

Shares of TUSK traded up $0.07 during trading on Friday, reaching $2.46. The company's stock had a trading volume of 97,891 shares, compared to its average volume of 137,239. The company has a market cap of $118.39 million, a price-to-earnings ratio of -0.60 and a beta of 1.48. The company has a quick ratio of 2.13, a current ratio of 2.25 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average of $2.33 and a two-hundred day moving average of $2.80. Mammoth Energy Services, Inc. has a twelve month low of $1.68 and a twelve month high of $4.94.

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The energy company reported ($0.01) EPS for the quarter. The company had revenue of $62.47 million for the quarter. Mammoth Energy Services had a negative net margin of 105.49% and a negative return on equity of 53.85%.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.