Northwest & Ethical Investments L.P. lifted its stake in shares of Enerflex Ltd. (NYSE:EFXT - Free Report) by 64.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 199,623 shares of the company's stock after buying an additional 78,123 shares during the period. Northwest & Ethical Investments L.P. owned approximately 0.16% of Enerflex worth $1,984,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Enerflex in the third quarter worth $65,000. West Tower Group LLC purchased a new stake in Enerflex in the third quarter valued at $119,000. Barclays PLC grew its position in Enerflex by 2,616,800.0% during the 3rd quarter. Barclays PLC now owns 26,169 shares of the company's stock worth $156,000 after purchasing an additional 26,168 shares during the period. Versor Investments LP purchased a new position in shares of Enerflex during the 4th quarter valued at about $262,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Enerflex in the 3rd quarter valued at about $344,000. 46.47% of the stock is owned by hedge funds and other institutional investors.
Enerflex Stock Performance
Enerflex stock traded down $0.21 during midday trading on Wednesday, hitting $7.79. 224,368 shares of the company were exchanged, compared to its average volume of 273,715. The business has a fifty day simple moving average of $8.76 and a two-hundred day simple moving average of $8.19. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.88 and a current ratio of 1.19. The firm has a market capitalization of $966.45 million, a PE ratio of -12.36 and a beta of 2.12. Enerflex Ltd. has a fifty-two week low of $4.60 and a fifty-two week high of $10.61.
Enerflex Cuts Dividend
The firm also recently disclosed 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 annualized dividend and a yield of 1.34%. The ex-dividend date was Monday, March 10th. Enerflex's payout ratio is currently 40.00%.
About Enerflex
(
Free Report)
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.
Recommended Stories
Before you consider Enerflex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enerflex wasn't on the list.
While Enerflex currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
