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

Dimensional Fund Advisors LP raised its stake in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 991,223 shares of the energy company's stock after purchasing an additional 98,295 shares during the period. Dimensional Fund Advisors LP owned 2.06% of Mammoth Energy Services worth $2,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. purchased a new position in Mammoth Energy Services during the fourth quarter valued at $30,000. Marshall Wace LLP purchased a new position in Mammoth Energy Services during the fourth quarter valued at $42,000. Barclays PLC lifted its holdings in Mammoth Energy Services by 65.1% during the third quarter. Barclays PLC now owns 57,081 shares of the energy company's stock valued at $233,000 after purchasing an additional 22,503 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Mammoth Energy Services by 465.2% during the fourth quarter. JPMorgan Chase & Co. now owns 63,079 shares of the energy company's stock valued at $189,000 after purchasing 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% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 70,674 shares of the energy company's stock valued at $212,000 after purchasing an additional 7,064 shares in the last quarter. 79.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Mammoth Energy Services from a "hold" rating to a "buy" rating in a report on Thursday, May 8th.

Mammoth Energy Services Price Performance

Shares of NASDAQ TUSK traded up $0.04 during mid-day trading on Monday, reaching $2.50. The company's stock had a trading volume of 192,202 shares, compared to its average volume of 137,739. The stock has a 50-day moving average of $2.34 and a two-hundred day moving average of $2.77. The stock has a market capitalization of $120.32 million, a P/E ratio of -0.61 and a beta of 1.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. Mammoth Energy Services, Inc. has a 1-year low of $1.68 and a 1-year high of $4.94.

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last issued its earnings results on Wednesday, May 7th. The energy company reported ($0.01) EPS for the quarter. The business had revenue of $62.47 million during 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.