Dimensional Fund Advisors LP Purchases 132,990 Shares of Enerflex Ltd. (NYSE:EFXT)

Dimensional Fund Advisors LP grew its holdings in shares of Enerflex Ltd. (NYSE:EFXT - Free Report) by 75.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 309,309 shares of the company's stock after acquiring an additional 132,990 shares during the period. Dimensional Fund Advisors LP owned 0.25% of Enerflex worth $3,078,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in shares of Enerflex in the 4th quarter valued at about $127,000. Barclays PLC grew its stake in shares of Enerflex by 2,616,800.0% in the 3rd quarter. Barclays PLC now owns 26,169 shares of the company's stock valued at $156,000 after buying an additional 26,168 shares during the period. ExodusPoint Capital Management LP acquired a new stake in shares of Enerflex in the 4th quarter valued at about $185,000. Scotia Capital Inc. acquired a new stake in shares of Enerflex in the 4th quarter valued at about $206,000. Finally, Pictet Asset Management Holding SA grew its stake in shares of Enerflex by 54.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 25,102 shares of the company's stock valued at $250,000 after buying an additional 8,870 shares during the period. 46.47% of the stock is currently owned by institutional investors and hedge funds.

Enerflex Stock Up 0.8%

NYSE EFXT traded up $0.06 during trading hours on Monday, hitting $7.16. The company's stock had a trading volume of 270,921 shares, compared to its average volume of 292,552. Enerflex Ltd. has a 52 week low of $4.60 and a 52 week high of $10.61. The company has a market capitalization of $888.91 million, a PE ratio of -11.37 and a beta of 2.02. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. The company's 50-day simple moving average is $7.03 and its two-hundred day simple moving average is $8.39.

Enerflex (NYSE:EFXT - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.07. Enerflex had a negative net margin of 3.15% and a negative return on equity of 1.25%. The business had revenue of $552.00 million for the quarter, compared to analysts' expectations of $583.59 million. Research analysts anticipate that Enerflex Ltd. will post 0.25 EPS for the current fiscal year.

Enerflex Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.0375 per share. The ex-dividend date is Wednesday, May 21st. This represents a dividend yield of 1.51%. Enerflex's dividend payout ratio is currently 16.95%.

Analysts Set New Price Targets

Several brokerages have recently commented on EFXT. Royal Bank of Canada reduced their target price on Enerflex from $14.00 to $12.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. CIBC dropped their price target on shares of Enerflex from $10.00 to $9.25 and set a "neutral" rating on the stock in a research report on Friday, May 9th.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.