Deprince Race & Zollo Inc. lessened its stake in Fairmount Santrol Holdings Inc. (NYSE:FMSA) by 25.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 110,000 shares of the industrial products company’s stock after selling 38,500 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Fairmount Santrol Holdings were worth $526,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of Fairmount Santrol Holdings by 183.3% in the second quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after purchasing an additional 20,128 shares during the last quarter. BB&T Securities LLC increased its holdings in shares of Fairmount Santrol Holdings by 216.8% in the second quarter. BB&T Securities LLC now owns 33,900 shares of the industrial products company’s stock valued at $132,000 after purchasing an additional 23,200 shares during the last quarter. Clear Harbor Asset Management LLC acquired a new stake in shares of Fairmount Santrol Holdings in the second quarter valued at approximately $140,000. White Pine Capital LLC acquired a new stake in shares of Fairmount Santrol Holdings in the second quarter valued at approximately $140,000. Finally, FineMark National Bank & Trust acquired a new stake in shares of Fairmount Santrol Holdings in the third quarter valued at approximately $143,000. 83.17% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the company. Zacks Investment Research cut Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Cowen and Company set a $6.00 target price on Fairmount Santrol Holdings and gave the stock a “buy” rating in a research note on Wednesday, October 18th. BidaskClub raised Fairmount Santrol Holdings from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Piper Jaffray Companies reissued 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 cut Fairmount Santrol Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $6.44.

Fairmount Santrol Holdings Inc. (FMSA) opened at $4.90 on Friday. Fairmount Santrol Holdings Inc. has a 52-week low of $2.46 and a 52-week high of $13.12. The company has a market capitalization of $1,098.05, a price-to-earnings ratio of 122.50 and a beta of 2.06. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.11 and a current ratio of 2.52.

Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. Fairmount Santrol Holdings had a return on equity of 4.05% and a net margin of 1.69%. The business had revenue of $280.05 million during the quarter, compared to analyst estimates of $264.02 million. During the same period last year, the business posted ($0.11) earnings per share. The company’s quarterly revenue was up 107.8% on a year-over-year basis. equities research analysts predict that Fairmount Santrol Holdings Inc. will post 0.28 EPS 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.

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

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