Advanced Emissions Solutions, Inc. (ADES) Shares Sold by Alta Fundamental Advisers LLC

Alta Fundamental Advisers LLC decreased its position in Advanced Emissions Solutions, Inc. (NASDAQ:ADES) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,024,068 shares of the industrial products company’s stock after selling 68,625 shares during the quarter. Advanced Emissions Solutions comprises approximately 8.0% of Alta Fundamental Advisers LLC’s investment portfolio, making the stock its 5th biggest position. Alta Fundamental Advisers LLC owned about 4.92% of Advanced Emissions Solutions worth $9,380,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Advanced Emissions Solutions by 7.7% in the second quarter. Vanguard Group Inc. now owns 846,695 shares of the industrial products company’s stock valued at $7,756,000 after purchasing an additional 60,261 shares during the last quarter. Apollo Management Holdings L.P. grew its position in Advanced Emissions Solutions by 153.4% during the second quarter. Apollo Management Holdings L.P. now owns 633,388 shares of the industrial products company’s stock worth $5,802,000 after buying an additional 383,388 shares in the last quarter. Wellington Management Group LLP grew its position in Advanced Emissions Solutions by 21.5% during the first quarter. Wellington Management Group LLP now owns 489,593 shares of the industrial products company’s stock worth $4,670,000 after buying an additional 86,476 shares in the last quarter. Northpointe Capital LLC acquired a new stake in Advanced Emissions Solutions during the second quarter worth approximately $4,223,000. Finally, State Street Corp grew its position in Advanced Emissions Solutions by 1,604.4% during the second quarter. State Street Corp now owns 253,958 shares of the industrial products company’s stock worth $2,327,000 after buying an additional 239,058 shares in the last quarter. 68.76% of the stock is currently owned by institutional investors.

A number of brokerages recently issued reports on ADES. ValuEngine raised Advanced Emissions Solutions from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 2nd. HC Wainwright set a $18.00 price target on Advanced Emissions Solutions and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised Advanced Emissions Solutions from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Friday, August 11th. Finally, Canaccord Genuity reissued a “buy” rating and set a $20.00 price target on shares of Advanced Emissions Solutions in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $17.00.

Advanced Emissions Solutions, Inc. (NASDAQ:ADES) traded up 2.45% during midday trading on Tuesday, reaching $11.70. The company’s stock had a trading volume of 31,376 shares. The stock has a 50-day moving average price of $10.22 and a 200 day moving average price of $9.80. The company has a market cap of $243.30 million, a PE ratio of 2.61 and a beta of 2.87. Advanced Emissions Solutions, Inc. has a 12 month low of $7.43 and a 12 month high of $12.25.

ILLEGAL ACTIVITY NOTICE: “Advanced Emissions Solutions, Inc. (ADES) Shares Sold by Al

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Advanced Emissions Solutions by 7.7% in the second quarter. Vanguard Group Inc. now owns 846,695 shares of the industrial products company’s stock valued at $7,756,000 after purchasing an additional 60,261 shares during the last quarter. Apollo Management Holdings L.P. grew its position in Advanced Emissions Solutions by 153.4% during the second quarter. Apollo Management Holdings L.P. now owns 633,388 shares of the industrial products company’s stock worth $5,802,000 after buying an additional 383,388 shares in the last quarter. Wellington Management Group LLP grew its position in Advanced Emissions Solutions by 21.5% during the first quarter. Wellington Management Group LLP now owns 489,593 shares of the industrial products company’s stock worth $4,670,000 after buying an additional 86,476 shares in the last quarter. Northpointe Capital LLC acquired a new stake in Advanced Emissions Solutions during the second quarter worth approximately $4,223,000. Finally, State Street Corp grew its position in Advanced Emissions Solutions by 1,604.4% during the second quarter. State Street Corp now owns 253,958 shares of the industrial products company’s stock worth $2,327,000 after buying an additional 239,058 shares in the last quarter. 68.76% of the stock is currently owned by institutional investors.

A number of brokerages recently issued reports on ADES. ValuEngine raised Advanced Emissions Solutions from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 2nd. HC Wainwright set a $18.00 price target on Advanced Emissions Solutions and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised Advanced Emissions Solutions from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Friday, August 11th. Finally, Canaccord Genuity reissued a “buy” rating and set a $20.00 price target on shares of Advanced Emissions Solutions in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $17.00.

Advanced Emissions Solutions, Inc. (NASDAQ:ADES) traded up 2.45% during midday trading on Tuesday, reaching $11.70. The company’s stock had a trading volume of 31,376 shares. The stock has a 50-day moving average price of $10.22 and a 200 day moving average price of $9.80. The company has a market cap of $243.30 million, a PE ratio of 2.61 and a beta of 2.87. Advanced Emissions Solutions, Inc. has a 12 month low of $7.43 and a 12 month high of $12.25.

ILLEGAL ACTIVITY NOTICE: “Advanced Emissions Solutions, Inc. (ADES) Shares Sold by Alta Fundamental Advisers LLC” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/17/alta-fundamental-advisers-llc-reduces-stake-in-advanced-emissions-solutions-inc-ades.html.

Advanced Emissions Solutions 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.

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

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