JB Capital Partners LP Has $788,000 Holdings in Smart Sand, Inc. (NASDAQ:SND)

JB Capital Partners LP lifted its stake in Smart Sand, Inc. (NASDAQ:SND - Free Report) by 75.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 350,000 shares of the company's stock after purchasing an additional 150,000 shares during the quarter. JB Capital Partners LP owned 0.82% of Smart Sand worth $788,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SND. Geode Capital Management LLC lifted its holdings in shares of Smart Sand by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 433,251 shares of the company's stock valued at $975,000 after purchasing an additional 7,447 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Smart Sand by 11.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 231,840 shares of the company's stock worth $522,000 after acquiring an additional 24,105 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Smart Sand during the 4th quarter worth about $272,000. LPL Financial LLC purchased a new position in Smart Sand during the 4th quarter valued at about $25,000. Finally, First Eagle Investment Management LLC increased its holdings in shares of Smart Sand by 18.9% in the 4th quarter. First Eagle Investment Management LLC now owns 225,559 shares of the company's stock valued at $508,000 after purchasing an additional 35,813 shares during the period. Institutional investors and hedge funds own 35.21% of the company's stock.

Smart Sand Stock Up 0.8 %

NASDAQ SND traded up $0.02 on Wednesday, reaching $1.89. The stock had a trading volume of 62,488 shares, compared to its average volume of 165,393. The company has a current ratio of 1.71, a quick ratio of 0.98 and a debt-to-equity ratio of 0.04. Smart Sand, Inc. has a 1 year low of $1.73 and a 1 year high of $2.80. The business has a 50 day moving average price of $2.29 and a 200 day moving average price of $2.27. The company has a market capitalization of $80.82 million, a price-to-earnings ratio of -13.46 and a beta of 0.66.

Smart Sand (NASDAQ:SND - Get Free Report) last released its quarterly earnings data on Monday, March 3rd. The company reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. The firm had revenue of $91.36 million for the quarter, compared to the consensus estimate of $65.90 million. Smart Sand had a negative return on equity of 1.74% and a negative net margin of 1.96%. On average, analysts forecast that Smart Sand, Inc. will post 0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Smart Sand from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th.

Smart Sand Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.