BlackRock Inc. lifted its stake in Quintana Energy Services Inc (NYSE:QES) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 327,792 shares of the company’s stock after buying an additional 14,805 shares during the quarter. BlackRock Inc. owned about 0.99% of Quintana Energy Services worth $2,406,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Northern Trust Corp raised its stake in shares of Quintana Energy Services by 15.3% in the second quarter. Northern Trust Corp now owns 71,724 shares of the company’s stock worth $608,000 after buying an additional 9,507 shares during the period. Institutional investors and hedge funds own 16.85% of the company’s stock.

Several research firms have recently commented on QES. Zacks Investment Research downgraded Quintana Energy Services from a “hold” rating to a “sell” rating in a research note on Wednesday, December 19th. ValuEngine raised Quintana Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. Barclays set a $8.00 price objective on Quintana Energy Services and gave the stock a “buy” rating in a research note on Friday, November 9th. Citigroup decreased their price objective on Quintana Energy Services from $8.90 to $7.00 and set a “neutral” rating on the stock in a research note on Monday, November 19th. Finally, Capital One Financial downgraded Quintana Energy Services from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $10.61.

Shares of QES opened at $4.95 on Friday. The company has a market cap of $171.28 million and a P/E ratio of -99.00. Quintana Energy Services Inc has a 12-month low of $3.25 and a 12-month high of $10.67. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.60 and a current ratio of 1.95.

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Quintana Energy Services Profile

Quintana Energy Services Inc provides oilfield services to onshore oil and natural gas exploration and production companies operating in conventional and unconventional plays in the United States. It operates through four segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.

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Institutional Ownership by Quarter for Quintana Energy Services (NYSE:QES)

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