Caxton Associates LP Has $293,000 Holdings in Fairmount Santrol Holdings Inc. (NYSE:FMSA)

Caxton Associates LP reduced its stake in Fairmount Santrol Holdings Inc. (NYSE:FMSA) by 50.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,000 shares of the industrial products company’s stock after selling 75,000 shares during the period. Caxton Associates LP’s holdings in Fairmount Santrol Holdings were worth $293,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Hartland & Co. LLC raised its stake in Fairmount Santrol Holdings by 6.4% in the second quarter. Hartland & Co. LLC now owns 13,553,349 shares of the industrial products company’s stock worth $52,858,000 after buying an additional 817,990 shares in the last quarter. Vanguard Group Inc. raised its stake in Fairmount Santrol Holdings by 6.0% in the second quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock worth $50,169,000 after buying an additional 731,359 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Fairmount Santrol Holdings by 19.4% in the first quarter. Point72 Asset Management L.P. now owns 9,074,574 shares of the industrial products company’s stock worth $66,517,000 after buying an additional 1,475,449 shares in the last quarter. Elliott Management Corp bought a new position in Fairmount Santrol Holdings in the second quarter worth about $18,720,000. Finally, Goldman Sachs Group Inc. raised its stake in Fairmount Santrol Holdings by 317.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,584,513 shares of the industrial products company’s stock worth $33,604,000 after buying an additional 3,486,174 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

A number of research firms recently issued reports on FMSA. BidaskClub downgraded shares of Fairmount Santrol Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Cowen and Company set a $6.00 price target on shares of Fairmount Santrol Holdings and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research downgraded shares of Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $4.50 target price on shares of Fairmount Santrol Holdings in a research note on Monday, August 7th. Finally, Wells Fargo & Company downgraded shares of Fairmount Santrol Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $6.79.

Shares of Fairmount Santrol Holdings Inc. (NYSE FMSA) traded up 0.77% during midday trading on Monday, reaching $3.91. 445,903 shares of the company traded hands. The company’s market capitalization is $876.15 million. The company has a 50 day moving average price of $4.08 and a 200 day moving average price of $4.22. Fairmount Santrol Holdings Inc. has a 1-year low of $2.46 and a 1-year high of $13.12.

Fairmount Santrol Holdings (NYSE:FMSA) last announced its earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The firm had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. During the same quarter in the previous year, the company posted ($0.54) EPS. The firm’s revenue for the quarter was up 104.2% on a year-over-year basis. On average, analysts expect that Fairmount Santrol Holdings Inc. will post $0.27 earnings per share for the current year.

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A number of other hedge funds also recently added to or reduced their stakes in the stock. Hartland & Co. LLC raised its stake in Fairmount Santrol Holdings by 6.4% in the second quarter. Hartland & Co. LLC now owns 13,553,349 shares of the industrial products company’s stock worth $52,858,000 after buying an additional 817,990 shares in the last quarter. Vanguard Group Inc. raised its stake in Fairmount Santrol Holdings by 6.0% in the second quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock worth $50,169,000 after buying an additional 731,359 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Fairmount Santrol Holdings by 19.4% in the first quarter. Point72 Asset Management L.P. now owns 9,074,574 shares of the industrial products company’s stock worth $66,517,000 after buying an additional 1,475,449 shares in the last quarter. Elliott Management Corp bought a new position in Fairmount Santrol Holdings in the second quarter worth about $18,720,000. Finally, Goldman Sachs Group Inc. raised its stake in Fairmount Santrol Holdings by 317.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,584,513 shares of the industrial products company’s stock worth $33,604,000 after buying an additional 3,486,174 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

A number of research firms recently issued reports on FMSA. BidaskClub downgraded shares of Fairmount Santrol Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Cowen and Company set a $6.00 price target on shares of Fairmount Santrol Holdings and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research downgraded shares of Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $4.50 target price on shares of Fairmount Santrol Holdings in a research note on Monday, August 7th. Finally, Wells Fargo & Company downgraded shares of Fairmount Santrol Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $6.79.

Shares of Fairmount Santrol Holdings Inc. (NYSE FMSA) traded up 0.77% during midday trading on Monday, reaching $3.91. 445,903 shares of the company traded hands. The company’s market capitalization is $876.15 million. The company has a 50 day moving average price of $4.08 and a 200 day moving average price of $4.22. Fairmount Santrol Holdings Inc. has a 1-year low of $2.46 and a 1-year high of $13.12.

Fairmount Santrol Holdings (NYSE:FMSA) last announced its earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The firm had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. During the same quarter in the previous year, the company posted ($0.54) EPS. The firm’s revenue for the quarter was up 104.2% on a year-over-year basis. On average, analysts expect that Fairmount Santrol Holdings Inc. will post $0.27 earnings per share for the current year.

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Fairmount Santrol Holdings 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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