Aqr Capital Management Cut Stake in Acuity Brands (AYI) as Market Value Rose; Perritt Capital …

Aqr Capital Management Llc decreased its stake in Acuity Brands Inc (AYI) by 36.89% based on its latest 2018Q4 regulatory filing with the SEC.

Profire Energy, Inc. (NASDAQ:PFIE) Logo

Perritt Capital Management Inc increased its stake in Profire Energy Inc Com (PFIE) by 335.88% based on its latest 2018Q4 regulatory filing with the SEC. Perritt Capital Management Inc bought 302,296 shares as the company’s stock declined 12.94% while stock markets rallied. The institutional investor held 392,296 shares of the energy company at the end of 2018Q4, valued at $569,000, up from 90,000 at the end of the previous reported quarter. Perritt Capital Management Inc who had been investing in Profire Energy Inc Com for a number of months, seems to be bullish on the $84.65M market cap company. The stock increased 0.56% or $0.01 during the last trading session, reaching $1.79. About 111,971 shares traded. Profire Energy, Inc. (NASDAQ:PFIE) has declined 18.22% since March 31, 2018 and is downtrending. It has underperformed by 22.59% the S&P500. Some Historical PFIE News: 12/04/2018 – Profire Energy at Non-Deal Roadshow Hosted By Maxim Today; 05/04/2018 – Profire Energy Non-Deal Roadshow Scheduled By Maxim for Apr. 12; 09/05/2018 – Profire Energy 1Q EPS 4c; 07/03/2018 – Profire Energy 4Q Rev $38.2M; 07/03/2018 Profire Energy Reports Financial Results for Fiscal Year 2017; 19/04/2018 – DJ Profire Energy Inc, Inst Holders, 1Q 2018 (PFIE); 14/05/2018 – Granahan Investment Buys New 1.3% Position in Profire Energy; 07/03/2018 – Correct: Profire Energy FY Rev $38.2M; 04/04/2018 – Profire Energy Non-Deal Roadshow Scheduled By Maxim for Apr. 11

Aqr Capital Management Llc decreased its stake in Acuity Brands Inc (AYI) by 36.89% based on its latest 2018Q4 regulatory filing with the SEC. Aqr Capital Management Llc sold 16,116 shares as the company’s stock rose 3.05% with the market. The hedge fund held 27,572 shares of the building products company at the end of 2018Q4, valued at $3.17 million, down from 43,688 at the end of the previous reported quarter. Aqr Capital Management Llc who had been investing in Acuity Brands Inc for a number of months, seems to be less bullish one the $4.74 billion market cap company. The stock increased 0.44% or $0.53 during the last trading session, reaching $120.01. About 379,973 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 9.73% since March 31, 2018 and is downtrending. It has underperformed by 14.10% the S&P500. Some Historical AYI News: 02/04/2018 – Acuity Brands Inc expected to post earnings of $2.11 a share – Earnings Preview; 04/04/2018 – Acuity Brands 2Q EPS $2.33; 14/03/2018 – ClinicalTrial US: Visual Acuity and Optical Coherence Tomography One Year After ILM-flap Transposition; 04/04/2018 – ACUITY BRANDS REPORTS INCREASED SHARE BUYBACK PROGRAM; 04/04/2018 – ACUITY BRANDS INC – EXPECT HEADWINDS IN HOME CENTER/SHOWROOM SALES CHANNEL TO CONTINUE IN NEAR TERM; 02/05/2018 – Lucid Announces BuildingOS Facilities, Providing a Unified View of the Operating Performance of Commercial Building Portfolios; 04/04/2018 – ACUITY BRANDS INC – SOFT ORDER ACTIVITY IN CERTAIN SALES CHANNELS SUGGESTS GROWTH IN LIGHTING FIXTURE MARKET MAY REMAIN SLUGGISH FOR BALANCE OF 2018; 01/05/2018 – Acuity Brands Says Deal Won’t Materially Impact FY18; 17/04/2018 – Acuity Brands May Be Pressured, Industry Posts 8th Straight Drop; 16/05/2018 – Acuity Brands May Be Pressured, Industry Posts 9th Straight Drop

More notable recent Profire Energy, Inc. (NASDAQ:PFIE) news were published by: Nasdaq.com which released: “Oil and Gas Equipment Industry Outlook: Pain to Prevail – Nasdaq” on September 18, 2018, also Globenewswire.com with their article: “Profire Energy Sets Fiscal Year 2018 Conference Call for Thursday, March 7, 2019 at 1:00 p.m. EST – GlobeNewswire” published on February 28, 2019, Globenewswire.com published: “Profire Energy, Inc. Set to Join Russell 3000® Index – GlobeNewswire” on June 11, 2018. More interesting news about Profire Energy, Inc. (NASDAQ:PFIE) were released by: Seekingalpha.com and their article: “Profire: This Volatile Stock Needed A Break – Seeking Alpha” published on May 11, 2018 as well as Globenewswire.com‘s news article titled: “Profire Energy Reports Financial Results for Fiscal Year 2017 – GlobeNewswire” with publication date: March 07, 2018.

Investors sentiment decreased to 1.38 in 2018 Q4. Its down 0.10, from 1.48 in 2018Q3. It turned negative, as 10 investors sold PFIE shares while 19 reduced holdings. 13 funds opened positions while 27 raised stakes. 19.49 million shares or 3.05% more from 18.91 million shares in 2018Q3 were reported. Vanguard Gru holds 0% or 698,354 shares. Intll invested in 15,746 shares or 0% of the stock. Arrowstreet Ltd Partnership accumulated 0% or 77,029 shares. Tower Llc (Trc) stated it has 0% in Profire Energy, Inc. (NASDAQ:PFIE). Aqr Cap Limited Company owns 406,210 shares. Mai Cap Mngmt holds 0% of its portfolio in Profire Energy, Inc. (NASDAQ:PFIE) for 25,000 shares. Germany-based Deutsche Bancorp Ag has invested 0% in Profire Energy, Inc. (NASDAQ:PFIE). Prudential Fincl holds 0% in Profire Energy, Inc. (NASDAQ:PFIE) or 10,991 shares. Amica Retiree Medical Trust invested in 38,821 shares. Comml Bank Of Ny Mellon has 102,226 shares. Wells Fargo Comm Mn stated it has 59,602 shares. First Trust Lp has 58,932 shares. Retail Bank Of America De owns 9,384 shares for 0% of their portfolio. 1.54M were accumulated by Blackrock. Art Advsrs Limited Liability stated it has 30,647 shares.

Perritt Capital Management Inc, which manages about $709.62M and $261.89 million US Long portfolio, decreased its stake in Limbach Hldgs Inc Com by 114,750 shares to 165,300 shares, valued at $608,000 in 2018Q4, according to the filing. It also reduced its holding in Bbx Cap Corp New Cl A by 97,651 shares in the quarter, leaving it with 22,200 shares, and cut its stake in Berkshire Hills Bancorp Inc (NYSE:BHLB).

Investors sentiment decreased to 0.83 in Q4 2018. Its down 0.04, from 0.87 in 2018Q3. It turned negative, as 64 investors sold AYI shares while 110 reduced holdings. 46 funds opened positions while 98 raised stakes. 38.13 million shares or 0.31% more from 38.02 million shares in 2018Q3 were reported. Shell Asset reported 0.07% stake. Numerixs Tech holds 0.06% or 1,690 shares in its portfolio. Sandy Spring Bancshares stated it has 0% in Acuity Brands, Inc. (NYSE:AYI). Tci Wealth Advsrs Inc stated it has 0% in Acuity Brands, Inc. (NYSE:AYI). Livingston Gp Asset Management (Operating As Southport Cap Management) stated it has 1.02% in Acuity Brands, Inc. (NYSE:AYI). Guinness Asset Mngmt owns 3,000 shares for 0.07% of their portfolio. Cim Invest Mangement holds 7,580 shares or 0.38% of its portfolio. Sandhill Cap Prtnrs Ltd Co owns 130,978 shares. Alecta Pensionsforsakring Omsesidigt has invested 0.47% in Acuity Brands, Inc. (NYSE:AYI). Moreover, Deutsche Commercial Bank Ag has 0% invested in Acuity Brands, Inc. (NYSE:AYI). Kanawha Capital Mgmt Limited Liability owns 4,702 shares or 0.08% of their US portfolio. Thompson Siegel And Walmsley Limited Company reported 100 shares. Alps Advisors reported 10,127 shares. Generation Invest Mgmt Llp reported 3.35M shares. Vaughan Nelson Mgmt Limited Partnership holds 0.11% or 65,625 shares in its portfolio.

Aqr Capital Management Llc, which manages about $86.30B US Long portfolio, upped its stake in Sealed Air Corp New (NYSE:SEE) by 12,424 shares to 25,257 shares, valued at $880,000 in 2018Q4, according to the filing. It also increased its holding in Brighthouse Finl Inc by 11,353 shares in the quarter, for a total of 32,559 shares, and has risen its stake in Tim Participacoes S A (NYSE:TSU).

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Benzinga.com which released: “Goldman Sachs: Acuity Brands (NYSE: AYI) Risk-Reward Profile Has Turned Unfavorable – Benzinga” on September 12, 2018, also Seekingalpha.com with their article: “A Possible Rebound For Acuity Brands – Seeking Alpha” published on November 05, 2018, Globenewswire.com published: “Acuity Brands Reports Fiscal 2019 First Quarter Results – GlobeNewswire” on January 09, 2019. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Globenewswire.com and their article: “Acuity Brands Reports Record Quarterly and Full-Year Results – GlobeNewswire” published on October 03, 2018 as well as Benzinga.com‘s news article titled: “Wells Fargo Sees The Light For Atkore (NYSE:ATKR), Hubbell (NYSE:HUBB), Acuity (NYSE:AYI) – Benzinga” with publication date: January 02, 2019.

Analysts await Acuity Brands, Inc. (NYSE:AYI) to report earnings on April, 3. They expect $1.67 earnings per share, down 2.91% or $0.05 from last year’s $1.72 per share. AYI’s profit will be $65.95 million for 17.97 P/E if the $1.67 EPS becomes a reality. After $2.17 actual earnings per share reported by Acuity Brands, Inc. for the previous quarter, Wall Street now forecasts -23.04% negative EPS growth.

Profire Energy, Inc. (NASDAQ:PFIE) Institutional Positions Chart

Related Posts:

  • No Related Posts

Profire Energy, Inc. (NASDAQ:PFIE) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% during the third quarter, according to its most recent …

Profire Energy logoVanguard Group Inc. grew its holdings in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,569,824 shares of the oil and gas company’s stock after purchasing an additional 483,068 shares during the quarter. Vanguard Group Inc. owned about 3.27% of Profire Energy worth $5,007,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Profire Energy by 2,023.6% in the 2nd quarter. BlackRock Inc. now owns 1,522,572 shares of the oil and gas company’s stock worth $5,146,000 after acquiring an additional 1,450,876 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Profire Energy by 242.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,064,527 shares of the oil and gas company’s stock worth $3,396,000 after purchasing an additional 753,487 shares during the period. FMR LLC increased its holdings in shares of Profire Energy by 258.0% during the 3rd quarter. FMR LLC now owns 929,339 shares of the oil and gas company’s stock worth $2,965,000 after purchasing an additional 669,779 shares during the period. AQR Capital Management LLC increased its holdings in shares of Profire Energy by 375.4% during the 3rd quarter. AQR Capital Management LLC now owns 744,275 shares of the oil and gas company’s stock worth $2,374,000 after purchasing an additional 587,706 shares during the period. Finally, Vertex One Asset Management Inc. bought a new position in shares of Profire Energy during the 3rd quarter worth about $1,834,000. Institutional investors and hedge funds own 43.62% of the company’s stock.

NASDAQ:PFIE remained flat at $$1.80 on Tuesday. 138,480 shares of the company’s stock were exchanged, compared to its average volume of 221,700. Profire Energy, Inc. has a 52-week low of $1.36 and a 52-week high of $5.30. The firm has a market capitalization of $85.12 million, a price-to-earnings ratio of 15.00 and a beta of 2.18.

Profire Energy (NASDAQ:PFIE) last announced its earnings results on Wednesday, March 6th. The oil and gas company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.02). The company had revenue of $10.61 million during the quarter, compared to the consensus estimate of $11.73 million. Profire Energy had a return on equity of 13.48% and a net margin of 13.33%. As a group, equities research analysts anticipate that Profire Energy, Inc. will post 0.16 earnings per share for the current year.

Several research analysts have recently issued reports on PFIE shares. ValuEngine upgraded shares of Profire Energy from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 16th. Zacks Investment Research lowered shares of Profire Energy from a “hold” rating to a “sell” rating in a research report on Thursday, March 7th. Finally, Chardan Capital lowered shares of Profire Energy from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Profire Energy presently has a consensus rating of “Hold” and an average target price of $4.25.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.baseballdailydigest.com/news/2019/03/26/profire-energy-inc-pfie-stake-raised-by-vanguard-group-inc.html.

About Profire Energy

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Featured Story: What is the price-to-earnings growth (PEG) ratio?

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

Receive News & Ratings for Profire Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Profire Energy and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Profire Energy, Inc. (PFIE) Shares Sold by ClariVest Asset Management LLC

Finally, Millennium Management LLC raised its position in shares of Profire Energy by 90.4% in the 2nd quarter. Millennium Management LLC now …

Profire Energy logoClariVest Asset Management LLC trimmed its stake in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 17.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,318 shares of the oil and gas company’s stock after selling 6,858 shares during the period. ClariVest Asset Management LLC owned about 0.07% of Profire Energy worth $48,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PFIE. Bank of New York Mellon Corp raised its position in shares of Profire Energy by 238.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 62,863 shares of the oil and gas company’s stock valued at $213,000 after buying an additional 44,303 shares in the last quarter. Schwab Charles Investment Management Inc. acquired a new position in shares of Profire Energy in the 2nd quarter valued at approximately $149,000. BlackRock Inc. raised its position in shares of Profire Energy by 2,023.6% in the 2nd quarter. BlackRock Inc. now owns 1,522,572 shares of the oil and gas company’s stock valued at $5,146,000 after buying an additional 1,450,876 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Profire Energy by 96.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 114,263 shares of the oil and gas company’s stock valued at $386,000 after buying an additional 55,978 shares in the last quarter. Finally, Millennium Management LLC raised its position in shares of Profire Energy by 90.4% in the 2nd quarter. Millennium Management LLC now owns 228,915 shares of the oil and gas company’s stock valued at $774,000 after buying an additional 108,666 shares in the last quarter. Institutional investors and hedge funds own 42.89% of the company’s stock.

Several equities analysts have recently commented on the stock. Chardan Capital cut shares of Profire Energy from a “buy” rating to a “neutral” rating in a research report on Tuesday. ValuEngine cut shares of Profire Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 31st. Finally, Zacks Investment Research cut shares of Profire Energy from a “hold” rating to a “sell” rating in a research report on Thursday, March 7th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. Profire Energy presently has an average rating of “Hold” and an average target price of $4.25.

PFIE stock traded up $0.07 during trading on Friday, reaching $1.83. 267,812 shares of the company were exchanged, compared to its average volume of 232,324. The stock has a market cap of $86.54 million, a price-to-earnings ratio of 15.25 and a beta of 2.18. Profire Energy, Inc. has a twelve month low of $1.36 and a twelve month high of $5.30.

Profire Energy (NASDAQ:PFIE) last posted its quarterly earnings data on Wednesday, March 6th. The oil and gas company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.02). The firm had revenue of $10.61 million during the quarter, compared to the consensus estimate of $11.73 million. Profire Energy had a net margin of 13.33% and a return on equity of 13.48%. On average, analysts predict that Profire Energy, Inc. will post 0.16 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by Fairfield Current and is the property of of Fairfield Current. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://www.fairfieldcurrent.com/news/2019/03/16/clarivest-asset-management-llc-has-48000-stake-in-profire-energy-inc-pfie.html.

About Profire Energy

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Featured Article: Catch-Up Contributions

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

Receive News & Ratings for Profire Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Profire Energy and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Vanguard Group Inc Boosts Holdings in Profire Energy, Inc. (PFIE)

AQR Capital Management LLC raised its stake in shares of Profire Energy by 375.4% in the third quarter. AQR Capital Management LLC now owns …

Profire Energy logoVanguard Group Inc increased its position in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,569,824 shares of the oil and gas company’s stock after buying an additional 483,068 shares during the quarter. Vanguard Group Inc owned about 3.27% of Profire Energy worth $5,007,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. raised its stake in shares of Profire Energy by 2,023.6% in the second quarter. BlackRock Inc. now owns 1,522,572 shares of the oil and gas company’s stock worth $5,146,000 after purchasing an additional 1,450,876 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Profire Energy by 242.2% in the third quarter. Russell Investments Group Ltd. now owns 1,064,527 shares of the oil and gas company’s stock worth $3,396,000 after purchasing an additional 753,487 shares during the last quarter. FMR LLC raised its stake in shares of Profire Energy by 258.0% in the third quarter. FMR LLC now owns 929,339 shares of the oil and gas company’s stock worth $2,965,000 after purchasing an additional 669,779 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Profire Energy by 375.4% in the third quarter. AQR Capital Management LLC now owns 744,275 shares of the oil and gas company’s stock worth $2,374,000 after purchasing an additional 587,706 shares during the last quarter. Finally, Vertex One Asset Management Inc. purchased a new stake in shares of Profire Energy in the third quarter worth approximately $1,834,000. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently issued reports on PFIE. ValuEngine lowered Profire Energy from a “sell” rating to a “strong sell” rating in a report on Thursday, January 31st. Zacks Investment Research raised Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a report on Thursday, November 15th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $5.00 target price on shares of Profire Energy in a report on Friday, November 9th.

NASDAQ PFIE traded up $0.06 on Wednesday, hitting $1.82. 178,921 shares of the stock traded hands, compared to its average volume of 217,688. Profire Energy, Inc. has a 12 month low of $1.36 and a 12 month high of $5.30. The firm has a market cap of $84.63 million, a price-to-earnings ratio of 20.22 and a beta of 2.06.

TRADEMARK VIOLATION WARNING: This story was posted by Fairfield Current and is owned by of Fairfield Current. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.fairfieldcurrent.com/news/2019/03/06/vanguard-group-inc-buys-483068-shares-of-profire-energy-inc-pfie.html.

Profire Energy Profile

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Recommended Story: The basics of gap trading strategies

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

Receive News & Ratings for Profire Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Profire Energy and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Profire Energy, Inc. (PFIE) Stake Raised by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% during the 3rd quarter, according to the company in …

Profire Energy logoVanguard Group Inc. lifted its position in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,569,824 shares of the oil and gas company’s stock after acquiring an additional 483,068 shares during the quarter. Vanguard Group Inc. owned 3.27% of Profire Energy worth $5,007,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can raised its holdings in Profire Energy by 24,392.3% in the 3rd quarter. Bank of Montreal Can now owns 41,147 shares of the oil and gas company’s stock valued at $131,000 after acquiring an additional 40,979 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Profire Energy by 874.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 46,783 shares of the oil and gas company’s stock valued at $150,000 after acquiring an additional 41,980 shares during the last quarter. Private Advisor Group LLC raised its holdings in Profire Energy by 331.7% in the 3rd quarter. Private Advisor Group LLC now owns 51,800 shares of the oil and gas company’s stock valued at $165,000 after acquiring an additional 39,800 shares during the last quarter. Amica Pension Fund Board of Trustees acquired a new stake in Profire Energy in the 3rd quarter valued at about $214,000. Finally, Amica Mutual Insurance Co. acquired a new stake in Profire Energy in the 3rd quarter valued at about $239,000. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Profire Energy stock opened at $1.78 on Monday. Profire Energy, Inc. has a 1-year low of $1.36 and a 1-year high of $5.30. The company has a market capitalization of $86.55 million, a PE ratio of 19.78 and a beta of 2.06.

PFIE has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 price objective for the company in a report on Thursday, November 15th. Maxim Group reissued a “buy” rating and issued a $5.00 price target on shares of Profire Energy in a research note on Friday, November 9th. Finally, ValuEngine raised shares of Profire Energy from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 16th.

TRADEMARK VIOLATION NOTICE: “Profire Energy, Inc. (PFIE) Stake Raised by Vanguard Group Inc.” was originally posted by Baseball Daily News and is owned by of Baseball Daily News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.baseballdailydigest.com/news/2019/03/04/profire-energy-inc-pfie-stake-raised-by-vanguard-group-inc.html.

Profire Energy Profile

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Featured Story: What is Depreciation?

Want to see what other hedge funds are holding PFIE?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Profire Energy, Inc. (NASDAQ:PFIE).

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

Receive News & Ratings for Profire Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Profire Energy and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts