H&E Equipment Services Inc. (NASDAQ:HEES) Director John Sawyer purchased 2,000 shares of the business’s stock in a transaction on Friday, September 9th. The stock was purchased at an average cost of $15.50 per share, for a total transaction of $31,000.00. Following the completion of the acquisition, the director now directly owns 20,550 shares of the company’s stock, valued at approximately $318,525. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

John Sawyer also recently made the following trade(s):

  • On Tuesday, September 6th, John Sawyer purchased 1,000 shares of H&E Equipment Services stock. The stock was purchased at an average cost of $15.82 per share, for a total transaction of $15,820.00.

Shares of H&E Equipment Services Inc. (NASDAQ:HEES) opened at 15.47 on Monday. The stock has a market capitalization of $543.71 million, a price-to-earnings ratio of 13.82 and a beta of 2.43. H&E Equipment Services Inc. has a one year low of $10.12 and a one year high of $21.48. The stock’s 50 day moving average is $16.88 and its 200-day moving average is $17.91.

H&E Equipment Services (NASDAQ:HEES) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.26 by $0.05. The company had revenue of $242.10 million for the quarter, compared to analysts’ expectations of $255.46 million. H&E Equipment Services had a return on equity of 28.49% and a net margin of 3.83%. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 EPS. On average, equities research analysts predict that H&E Equipment Services Inc. will post $1.04 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Monday, August 22nd were given a dividend of $0.275 per share. The ex-dividend date was Thursday, August 18th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 7.11%. H&E Equipment Services’s payout ratio is currently 97.35%.

Separately, Zacks Investment Research lowered shares of H&E Equipment Services from a “buy” rating to a “hold” rating in a report on Monday, May 23rd.

Several institutional investors have recently bought and sold shares of HEES. Banced Corp boosted its position in H&E Equipment Services by 5.7% in the first quarter. Banced Corp now owns 16,617 shares of the company’s stock worth $291,000 after buying an additional 893 shares during the last quarter. Acadian Asset Management LLC boosted its position in H&E Equipment Services by 1.4% in the first quarter. Acadian Asset Management LLC now owns 75,380 shares of the company’s stock worth $1,322,000 after buying an additional 1,071 shares during the last quarter. BlackRock Group LTD boosted its position in H&E Equipment Services by 47.6% in the first quarter. BlackRock Group LTD now owns 13,505 shares of the company’s stock worth $237,000 after buying an additional 4,357 shares during the last quarter. JPMorgan Chase & Co. boosted its position in H&E Equipment Services by 9,368.6% in the first quarter. JPMorgan Chase & Co. now owns 133,129 shares of the company’s stock worth $2,334,000 after buying an additional 131,723 shares during the last quarter. Finally, Menta Capital LLC bought a new position in H&E Equipment Services during the first quarter worth $200,000. 74.47% of the stock is owned by hedge funds and other institutional investors.

About H&E Equipment Services

H&E Equipment Services, Inc is an integrated equipment services company. The Company rents, sells and provides parts and services support for approximately four core categories of specialized equipment, such as hi-lift or aerial work platform equipment; cranes; earthmoving equipment, and industrial lift trucks.

5 Day Chart for NASDAQ:HEES

Receive News & Ratings for H&E Equipment Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&E Equipment Services Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.