Hantz Financial Services Inc. Sells 1,887 Shares of EMCOR Group, Inc. (NYSE:EME)

Hantz Financial Services Inc. trimmed its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 29,809 shares of the construction company's stock after selling 1,887 shares during the period. Hantz Financial Services Inc. owned about 0.06% of EMCOR Group worth $13,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of EME. ORG Wealth Partners LLC bought a new stake in shares of EMCOR Group in the third quarter valued at $33,000. Anchor Investment Management LLC increased its holdings in EMCOR Group by 89.3% in the 2nd quarter. Anchor Investment Management LLC now owns 106 shares of the construction company's stock worth $39,000 after acquiring an additional 50 shares during the last quarter. True Wealth Design LLC raised its stake in EMCOR Group by 3,466.7% in the 3rd quarter. True Wealth Design LLC now owns 107 shares of the construction company's stock valued at $46,000 after acquiring an additional 104 shares during the period. Northwest Investment Counselors LLC purchased a new stake in EMCOR Group during the third quarter valued at about $49,000. Finally, SJS Investment Consulting Inc. boosted its position in EMCOR Group by 494.7% during the fourth quarter. SJS Investment Consulting Inc. now owns 113 shares of the construction company's stock worth $51,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Performance

EME traded up $2.12 on Wednesday, hitting $440.39. 506,307 shares of the company were exchanged, compared to its average volume of 490,128. The firm has a fifty day simple moving average of $485.73 and a two-hundred day simple moving average of $438.27. The stock has a market capitalization of $20.26 billion, a PE ratio of 22.37 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $226.51 and a 12 month high of $545.29.

EMCOR Group (NYSE:EME - Get Free Report) last issued its earnings results on Thursday, October 31st. The construction company reported $5.80 EPS for the quarter, topping the consensus estimate of $4.98 by $0.82. The company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.77 billion. EMCOR Group had a net margin of 6.51% and a return on equity of 34.99%. The firm's revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $3.61 earnings per share. On average, equities analysts expect that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.23%. EMCOR Group's dividend payout ratio is currently 5.08%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Stifel Nicolaus initiated coverage on shares of EMCOR Group in a report on Friday, November 15th. They issued a "buy" rating and a $600.00 price target for the company. Northcoast Research started coverage on EMCOR Group in a research note on Friday, November 22nd. They issued a "buy" rating and a $600.00 target price for the company. StockNews.com downgraded shares of EMCOR Group from a "strong-buy" rating to a "buy" rating in a research note on Monday. Finally, The Goldman Sachs Group started coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They issued a "sell" rating and a $445.00 price objective for the company. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $518.75.

EMCOR Group Company Profile

EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.