Quantum Capital Management acquired a new position in shares of Dawson Geophysical Company (NASDAQ:DWSN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 75,104 shares of the oil and gas company’s stock, valued at approximately $340,000. Quantum Capital Management owned about 0.35% of Dawson Geophysical as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in shares of Dawson Geophysical by 3.0% during the first quarter. Renaissance Technologies LLC now owns 1,467,442 shares of the oil and gas company’s stock worth $8,159,000 after purchasing an additional 42,800 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Dawson Geophysical by 70.0% during the second quarter. Ameriprise Financial Inc. now owns 706,073 shares of the oil and gas company’s stock worth $2,768,000 after purchasing an additional 290,762 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Dawson Geophysical by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,433,786 shares of the oil and gas company’s stock worth $7,972,000 after purchasing an additional 44,346 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Dawson Geophysical by 71.1% during the second quarter. US Bancorp DE now owns 169,029 shares of the oil and gas company’s stock worth $663,000 after purchasing an additional 70,244 shares during the last quarter. Finally, Grace & White Inc. NY raised its position in shares of Dawson Geophysical by 8.1% in the 2nd quarter. Grace & White Inc. NY now owns 1,145,460 shares of the oil and gas company’s stock worth $4,490,000 after buying an additional 86,025 shares during the period. Institutional investors and hedge funds own 65.01% of the company’s stock.
Dawson Geophysical Company (NASDAQ:DWSN) traded down $0.01 during trading hours on Friday, reaching $5.39. The company’s stock had a trading volume of 72,200 shares, compared to its average volume of 75,592. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.01 and a current ratio of 4.01. Dawson Geophysical Company has a one year low of $3.70 and a one year high of $9.00.
Separately, Zacks Investment Research raised Dawson Geophysical from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a research report on Tuesday, November 7th.
TRADEMARK VIOLATION NOTICE: This report was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another publication, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this report can be read at https://www.dispatchtribunal.com/2017/11/17/quantum-capital-management-invests-340000-in-dawson-geophysical-company-dwsn.html.
About Dawson Geophysical
Dawson Geophysical Company, formerly TGC Industries, Inc, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries.
Receive News & Ratings for Dawson Geophysical Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dawson Geophysical Company and related companies with MarketBeat.com's FREE daily email newsletter.