Enerflex Ltd. (NYSE:EFXT) Shares Sold by Hartree Partners LP

Hartree Partners LP reduced its position in Enerflex Ltd. (NYSE:EFXT - Free Report) by 70.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 150,000 shares of the company's stock after selling 350,000 shares during the period. Hartree Partners LP owned 0.12% of Enerflex worth $1,492,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of EFXT. Barclays PLC lifted its holdings in shares of Enerflex by 2,616,800.0% during the 3rd quarter. Barclays PLC now owns 26,169 shares of the company's stock valued at $156,000 after purchasing an additional 26,168 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Enerflex in the 3rd quarter worth $344,000. JPMorgan Chase & Co. lifted its stake in Enerflex by 55.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 77,749 shares of the company's stock valued at $463,000 after acquiring an additional 27,878 shares during the period. Canoe Financial LP boosted its holdings in shares of Enerflex by 10.2% in the 4th quarter. Canoe Financial LP now owns 8,276,972 shares of the company's stock valued at $82,342,000 after acquiring an additional 768,210 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Enerflex by 3.3% in the third quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company's stock worth $1,103,000 after acquiring an additional 5,864 shares during the period. Institutional investors own 46.47% of the company's stock.

Enerflex Stock Performance

NYSE:EFXT traded down $0.44 during mid-day trading on Thursday, hitting $7.72. The company's stock had a trading volume of 130,129 shares, compared to its average volume of 291,687. The stock has a market cap of $958.38 million, a price-to-earnings ratio of -12.25 and a beta of 2.12. The business's fifty day moving average is $8.46 and its two-hundred day moving average is $8.27. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.19 and a quick ratio of 0.88. Enerflex Ltd. has a 1 year low of $4.60 and a 1 year high of $10.61.

Enerflex Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a $0.026 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Monday, March 10th. Enerflex's payout ratio is presently 40.00%.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.