Element Solutions Inc (NYSE:ESI) Shares Acquired by Locust Wood Capital Advisers LLC

Locust Wood Capital Advisers LLC raised its holdings in shares of Element Solutions Inc (NYSE:ESI - Free Report) by 5.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,700,813 shares of the company's stock after acquiring an additional 150,567 shares during the quarter. Element Solutions makes up approximately 2.4% of Locust Wood Capital Advisers LLC's holdings, making the stock its 22nd biggest position. Locust Wood Capital Advisers LLC owned approximately 1.12% of Element Solutions worth $62,497,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in Element Solutions by 85.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,318 shares of the company's stock valued at $26,000 after buying an additional 608 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Element Solutions by 370.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,623 shares of the company's stock valued at $38,000 after acquiring an additional 1,278 shares in the last quarter. CWM LLC increased its position in shares of Element Solutions by 95.9% in the fourth quarter. CWM LLC now owns 1,810 shares of the company's stock valued at $42,000 after acquiring an additional 886 shares during the last quarter. Signaturefd LLC raised its holdings in Element Solutions by 63.8% during the fourth quarter. Signaturefd LLC now owns 2,849 shares of the company's stock worth $66,000 after acquiring an additional 1,110 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new position in Element Solutions during the fourth quarter valued at approximately $141,000. 92.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Element Solutions

In other Element Solutions news, CEO Benjamin Gliklich sold 61,667 shares of the business's stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $23.20, for a total transaction of $1,430,674.40. Following the completion of the transaction, the chief executive officer now directly owns 704,395 shares in the company, valued at $16,341,964. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CFO Carey J. Dorman sold 14,774 shares of the firm's stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $23.20, for a total value of $342,756.80. Following the sale, the chief financial officer now directly owns 171,551 shares in the company, valued at approximately $3,979,983.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Benjamin Gliklich sold 61,667 shares of the company's stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $23.20, for a total transaction of $1,430,674.40. Following the transaction, the chief executive officer now owns 704,395 shares of the company's stock, valued at $16,341,964. The disclosure for this sale can be found here. In the last 90 days, insiders sold 97,203 shares of company stock valued at $2,255,110. Company insiders own 7.90% of the company's stock.

Element Solutions Stock Performance

NYSE:ESI traded down $0.07 during mid-day trading on Friday, hitting $23.93. 753,899 shares of the stock were exchanged, compared to its average volume of 1,342,353. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.69 and a current ratio of 3.63. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 44.31, a price-to-earnings-growth ratio of 1.87 and a beta of 1.32. The firm's 50-day simple moving average is $24.25 and its 200 day simple moving average is $22.57. Element Solutions Inc has a fifty-two week low of $17.53 and a fifty-two week high of $25.81.

Element Solutions (NYSE:ESI - Get Free Report) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The business had revenue of $575.00 million for the quarter, compared to the consensus estimate of $588.17 million. Element Solutions had a return on equity of 13.96% and a net margin of 5.62%. The firm's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.30 earnings per share. As a group, equities analysts anticipate that Element Solutions Inc will post 1.39 EPS for the current fiscal year.

Element Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Thursday, February 29th. Element Solutions's dividend payout ratio (DPR) is presently 59.26%.

Wall Street Analyst Weigh In

Several research firms have recently commented on ESI. StockNews.com raised shares of Element Solutions from a "hold" rating to a "buy" rating in a research note on Thursday, May 2nd. Wolfe Research assumed coverage on shares of Element Solutions in a report on Friday, March 1st. They issued a "peer perform" rating on the stock. The Goldman Sachs Group lifted their price target on Element Solutions from $22.00 to $26.00 and gave the stock a "neutral" rating in a report on Tuesday, March 5th. TheStreet upgraded Element Solutions from a "c+" rating to a "b" rating in a research note on Tuesday, February 20th. Finally, Barclays lifted their target price on Element Solutions from $25.00 to $26.00 and gave the stock an "overweight" rating in a research note on Monday, February 26th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $26.00.

Element Solutions Company Profile

Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.