Gotham Asset Management LLC Purchases New Holdings in Fairmount Santrol Holdings Inc. (FMSA)

Gotham Asset Management LLC purchased a new position in shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,458,859 shares of the industrial products company’s stock, valued at approximately $5,690,000. Gotham Asset Management LLC owned about 0.65% of Fairmount Santrol Holdings at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Hartland & Co. LLC lifted its holdings in Fairmount Santrol Holdings by 6.4% during the 2nd quarter. Hartland & Co. LLC now owns 13,553,349 shares of the industrial products company’s stock worth $52,858,000 after purchasing an additional 817,990 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Fairmount Santrol Holdings by 6.0% during the 2nd quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock worth $50,169,000 after purchasing an additional 731,359 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in Fairmount Santrol Holdings by 19.4% during the 1st quarter. Point72 Asset Management L.P. now owns 9,074,574 shares of the industrial products company’s stock worth $66,517,000 after purchasing an additional 1,475,449 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Fairmount Santrol Holdings by 317.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,584,513 shares of the industrial products company’s stock worth $33,604,000 after purchasing an additional 3,486,174 shares during the last quarter. Finally, Cobalt Capital Management Inc. lifted its holdings in Fairmount Santrol Holdings by 111.7% during the 1st quarter. Cobalt Capital Management Inc. now owns 3,558,386 shares of the industrial products company’s stock worth $26,083,000 after purchasing an additional 1,877,698 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

WARNING: This story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/11/gotham-asset-management-llc-purchases-new-holdings-in-fairmount-santrol-holdings-inc-fmsa.html.

Several analysts recently weighed in on the company. KeyCorp reissued an “overweight” rating and set a $6.50 price target on shares of Fairmount Santrol Holdings in a report on Wednesday, October 4th. Citigroup Inc. raised their price objective on Fairmount Santrol Holdings from $4.25 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. BidaskClub upgraded Fairmount Santrol Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Janney Montgomery Scott initiated coverage on Fairmount Santrol Holdings in a research note on Thursday, June 15th. They set a “neutral” rating and a $5.60 price objective on the stock. Finally, Credit Suisse Group lowered Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $12.00 to $4.00 in a research note on Thursday, July 20th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $6.79.

Fairmount Santrol Holdings Inc. (NYSE:FMSA) opened at 4.80 on Wednesday. The stock has a 50 day moving average price of $3.72 and a 200 day moving average price of $4.35. Fairmount Santrol Holdings Inc. has a 52 week low of $2.46 and a 52 week high of $13.12. The company’s market cap is $1.08 billion.

Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings results on Thursday, August 3rd. The industrial pro

A number of other large investors have also recently added to or reduced their stakes in the stock. Hartland & Co. LLC lifted its holdings in Fairmount Santrol Holdings by 6.4% during the 2nd quarter. Hartland & Co. LLC now owns 13,553,349 shares of the industrial products company’s stock worth $52,858,000 after purchasing an additional 817,990 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Fairmount Santrol Holdings by 6.0% during the 2nd quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock worth $50,169,000 after purchasing an additional 731,359 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in Fairmount Santrol Holdings by 19.4% during the 1st quarter. Point72 Asset Management L.P. now owns 9,074,574 shares of the industrial products company’s stock worth $66,517,000 after purchasing an additional 1,475,449 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Fairmount Santrol Holdings by 317.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,584,513 shares of the industrial products company’s stock worth $33,604,000 after purchasing an additional 3,486,174 shares during the last quarter. Finally, Cobalt Capital Management Inc. lifted its holdings in Fairmount Santrol Holdings by 111.7% during the 1st quarter. Cobalt Capital Management Inc. now owns 3,558,386 shares of the industrial products company’s stock worth $26,083,000 after purchasing an additional 1,877,698 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

WARNING: This story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/11/gotham-asset-management-llc-purchases-new-holdings-in-fairmount-santrol-holdings-inc-fmsa.html.

Several analysts recently weighed in on the company. KeyCorp reissued an “overweight” rating and set a $6.50 price target on shares of Fairmount Santrol Holdings in a report on Wednesday, October 4th. Citigroup Inc. raised their price objective on Fairmount Santrol Holdings from $4.25 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. BidaskClub upgraded Fairmount Santrol Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Janney Montgomery Scott initiated coverage on Fairmount Santrol Holdings in a research note on Thursday, June 15th. They set a “neutral” rating and a $5.60 price objective on the stock. Finally, Credit Suisse Group lowered Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $12.00 to $4.00 in a research note on Thursday, July 20th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $6.79.

Fairmount Santrol Holdings Inc. (NYSE:FMSA) opened at 4.80 on Wednesday. The stock has a 50 day moving average price of $3.72 and a 200 day moving average price of $4.35. Fairmount Santrol Holdings Inc. has a 52 week low of $2.46 and a 52 week high of $13.12. The company’s market cap is $1.08 billion.

Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm had revenue of $233.20 million for the quarter, compared to analysts’ expectations of $231.16 million. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The business’s quarterly revenue was up 104.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.54) earnings per share. On average, equities analysts forecast that Fairmount Santrol Holdings Inc. will post $0.28 earnings per share for the current year.

Fairmount Santrol Holdings Company Profile

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.

Institutional Ownership by Quarter for Fairmount Santrol Holdings (NYSE:FMSA)

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