Advanced Emissions Solutions, Inc. (ADES) Holdings Raised by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. boosted its holdings in shares of Advanced Emissions Solutions, Inc. (NASDAQ:ADES) by 16.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,301 shares of the industrial products company’s stock after purchasing an additional 5,901 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Advanced Emissions Solutions were worth $470,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UBS Group AG lifted its stake in Advanced Emissions Solutions by 75.9% during the first quarter. UBS Group AG now owns 21,669 shares of the industrial products company’s stock worth $248,000 after purchasing an additional 9,351 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in Advanced Emissions Solutions during the second quarter worth $386,000. Eqis Capital Management Inc. bought a new stake in Advanced Emissions Solutions during the second quarter worth $531,000. LSV Asset Management lifted its stake in Advanced Emissions Solutions by 25.2% during the second quarter. LSV Asset Management now owns 195,933 shares of the industrial products company’s stock worth $2,225,000 after purchasing an additional 39,433 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Advanced Emissions Solutions by 1.7% during the second quarter. Bank of New York Mellon Corp now owns 451,393 shares of the industrial products company’s stock worth $5,128,000 after buying an additional 7,612 shares in the last quarter. Hedge funds and other institutional investors own 75.34% of the company’s stock.

Several brokerages have recently issued reports on ADES. ValuEngine downgraded shares of Advanced Emissions Solutions from a “hold” rating to a “sell” rating in a report on Monday, October 8th. Zacks Investment Research upgraded shares of Advanced Emissions Solutions from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Friday, August 10th. Finally, HC Wainwright reiterated a “buy” rating and set a $18.00 price target on shares of Advanced Emissions Solutions in a report on Wednesday, August 8th.

Shares of NASDAQ:ADES opened at $10.39 on Friday. The firm has a market cap of $208.96 million, a PE ratio of 5.20 and a beta of 1.61. Advanced Emissions Solutions, Inc. has a 52-week low of $7.00 and a 52-week high of $12.37.

Advanced Emissions Solutions (NASDAQ:ADES) last announced its quarterly earnings results on Tuesday, August 7th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.27. The company had revenue of $4.27 million during the quarter, compared to the consensus estimate of $4.34 million. Advanced Emissions Solutions had a net margin of 324.52% and a return on equity of 54.30%. Research analysts predict that Advanced Emissions Solutions, Inc. will post 2.3 EPS for the current fiscal year.

Advanced Emissions Solutions Company Profile

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

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Institutional Ownership by Quarter for Advanced Emissions Solutions (NASDAQ:ADES)

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