Deutsche Bank AG decreased its stake in Mammoth Energy Services Inc (NASDAQ:TUSK) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,114 shares of the energy company’s stock after selling 4,392 shares during the period. Deutsche Bank AG’s holdings in Mammoth Energy Services were worth $629,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. BlackRock Inc. grew its position in shares of Mammoth Energy Services by 13.4% in the third quarter. BlackRock Inc. now owns 778,113 shares of the energy company’s stock valued at $22,642,000 after purchasing an additional 92,155 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Mammoth Energy Services by 163.1% in the third quarter. Dimensional Fund Advisors LP now owns 263,162 shares of the energy company’s stock valued at $7,658,000 after purchasing an additional 163,137 shares during the period. MetLife Investment Advisors LLC purchased a new stake in shares of Mammoth Energy Services in the third quarter valued at $286,000. TIAA CREF Investment Management LLC grew its position in shares of Mammoth Energy Services by 535.5% in the third quarter. TIAA CREF Investment Management LLC now owns 139,362 shares of the energy company’s stock valued at $4,055,000 after purchasing an additional 117,433 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Mammoth Energy Services by 38.6% in the third quarter. Vanguard Group Inc. now owns 834,739 shares of the energy company’s stock valued at $24,292,000 after purchasing an additional 232,542 shares during the period. 82.08% of the stock is owned by institutional investors and hedge funds.

TUSK stock opened at $14.08 on Monday. Mammoth Energy Services Inc has a 12-month low of $13.25 and a 12-month high of $42.30. The company has a quick ratio of 2.39, a current ratio of 2.48 and a debt-to-equity ratio of 0.15. The stock has a market cap of $631.87 million, a price-to-earnings ratio of 2.50 and a beta of 1.76.

Mammoth Energy Services (NASDAQ:TUSK) last posted its quarterly earnings results on Wednesday, May 1st. The energy company reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.70 by ($0.07). Mammoth Energy Services had a net margin of 14.32% and a return on equity of 31.76%. The firm had revenue of $262.14 million for the quarter, compared to analysts’ expectations of $284.72 million. During the same period last year, the firm posted $1.24 EPS. Mammoth Energy Services’s revenue was down 47.0% on a year-over-year basis. On average, research analysts anticipate that Mammoth Energy Services Inc will post 0.63 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 17th. Shareholders of record on Friday, May 10th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend was Thursday, May 9th. Mammoth Energy Services’s dividend payout ratio (DPR) is presently 8.88%.

A number of brokerages have recently commented on TUSK. ValuEngine downgraded Mammoth Energy Services from a “hold” rating to a “sell” rating in a research report on Monday, February 25th. Zacks Investment Research raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th. BidaskClub downgraded Mammoth Energy Services from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Credit Suisse Group downgraded Mammoth Energy Services from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $33.00 to $17.00 in a research report on Tuesday, March 19th. Finally, Capital One Financial reaffirmed an “overweight” rating on shares of Mammoth Energy Services in a research report on Friday, March 15th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Mammoth Energy Services currently has a consensus rating of “Hold” and a consensus price target of $24.50.

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Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an oilfield service company. The company operates in three segments: Infrastructure Services, Pressure Pumping Services, and Natural Sand Proppant Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution networks, and substation facilities, including the construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.

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Institutional Ownership by Quarter for Mammoth Energy Services (NASDAQ:TUSK)

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