Filing Buzzer: Emerge Energy Services Lp: Dmitry Balyasny’s Balyasny Asset Management Llc Opened Big New Position

Filing Buzzer: Emerge Energy Services Lp: Dmitry Balyasny's Balyasny Asset Management Llc Opened Big New Position

The New Dmitry Balyasny’s Balyasny Asset Management Llc Holding in Emerge Energy Services Lp

Balyasny Asset Management Llc filed with the SEC SC 13G form for Emerge Energy Services Lp. The form can be accessed here: 000119312516776040. As reported in Dmitry Balyasny’s Balyasny Asset Management Llc’s form, the filler as of late owns 8.2% or 2,261,176 shares of the Materials–company.

Emerge Energy Services Lp stake is a new one for the for the hedge fund and it was filed because of activity on November18, 2016. We feel this shows Dmitry Balyasny’s Balyasny Asset Management Llc’s positive view for the stock. For a hedge fund managing $14.49 billion in assets and having 223+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

The hedge fund is active investor in the Materials sector. In the manager’s last 13-F, we saw 9% of Dmitry Balyasny’s Balyasny Asset Management Llc’s US equities portfolio is in this sector.

Emerge Energy Services Lp Institutional Sentiment

Latest Security and Exchange filings show 48 investors own Emerge Energy Services Lp. The institutional ownership in Q3 2015 is low, at 41.14% of the outstanding shares. This is decreased by 1975550 the total institutional shares. 11752713 were the shares owned by these institutional investors. In total 12 funds opened new Emerge Energy Services Lp stakes, 12 increased stakes. There were 18 that closed positions and 13 reduced them.

Pinnacle Holdings Llc is an institutional investor bullish on Emerge Energy Services Lp, owning 88424 shares as of Q3 2015 for less than 0.01% of its portfolio. Yorkville Capital Management Llc owns 22323 shares or 0.15% of its portfolio. TX Insight Equity Management Company Llc have 100.00% of their stock portfolio for 7168545 shares. Further, Hillman Co reported stake worth less than 0.01% of its US stock portfolio. The TX American National Insurance Company owns 13550 shares. Emerge Energy Services Lp is 0.01% of the manager’s US portfolio.

Business Profile

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company’s segments include Sand segment, Fuel segment and Corporate. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. Its Fuel segment operates approximately two terminals and over two transmix processing facilities that are located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. In addition to refining transmix, the Fuel segment sells a suite of complementary fuel products and services, including third-party terminaling services, certain reclamation services and blending of renewable fuels. The Company’s other services include blending of renewable fuels into petroleum products, and the manufacture of biodiesel at its Birmingham facility.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Dmitry Balyasny’s Balyasny Asset Management Llc website.

Insitutional Activity: The institutional sentiment increased to 0.86 in 2016 Q2. Its up 0.38, from 0.48 in 2016Q1. The ratio improved, as 12 funds sold all Emerge Energy Services LP shares owned while 15 reduced positions. 8 funds bought stakes while 5 increased positions. They now own 4.34 million shares or 40.04% more from 3.10 million shares in 2016Q1.

The California-based Wells Fargo And Co Mn has invested 0% in Emerge Energy Services LP (NYSE:EMES). Tower Rech Cap Limited Liability Company (Trc) last reported 0% of its portfolio in the stock. Millennium Management Ltd Liability Company owns 662,632 shares or 0.02% of their US portfolio. Bankshares Of America De accumulated 0% or 490,728 shares. Quantbot Technologies L P holds 0.01% or 7,305 shares in its portfolio. California Pub Employees Retirement Sys has 262,100 shares for 0% of their US portfolio. Winslow Evans & Crocker accumulated 0% or 18 shares. Spot Trading Ltd Llc accumulated 0% or 20,402 shares. Creative Planning has invested 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES). The Germany-based Deutsche Natl Bank Ag has invested 0% in Emerge Energy Services LP (NYSE:EMES). Moreover, Hudock Capital Gru Limited Liability Company has 0% invested in Emerge Energy Services LP (NYSE:EMES) for 100 shares. Us Financial Bank De accumulated 250 shares or 0% of the stock. Stifel Fincl Corp holds 0% or 13,286 shares in its portfolio. Gsa Cap Prtn Llp last reported 0.04% of its portfolio in the stock. Wfg Advsr Limited Partnership holds 1,000 shares or 0% of its portfolio.

Analysts await Emerge Energy Services LP (NYSE:EMES) to report earnings on February, 23. They expect $-0.75 EPS, down 102.70% or $0.38 from last year’s $-0.37 per share. After $-1.24 actual EPS reported by Emerge Energy Services LP for the previous quarter, Wall Street now forecasts -39.52% EPS growth.

About 170,135 shares traded hands. Emerge Energy Services LP (NYSE:EMES) has risen 98.18% since April 21, 2016 and is uptrending. It has outperformed by 92.85% the S&P500.

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The company has a market cap of $266.35 million. The Company’s divisions include Sand segment, Fuel segment and Corporate. It currently has negative earnings. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials.

Emerge Energy Services LP (NYSE:EMES) Ratings Coverage

Out of 9 analysts covering Emerge Energy Services (NYSE:EMES), 5 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 56% are positive. $32 is the highest target while $3 is the lowest. The $12.81 average target is 14.99% above today’s ($11.14) stock price. Emerge Energy Services has been the topic of 21 analyst reports since July 30, 2015 according to StockzIntelligence Inc. As per Friday, September 11, the company rating was downgraded by Goldman Sachs. As per Friday, October 23, the company rating was maintained by Wunderlich. The firm earned “Outperform” rating on Thursday, July 30 by Robert W. Baird. The firm has “Neutral” rating by Robert W. Baird given on Friday, August 7. The stock has “Hold” rating given by Wunderlich on Monday, May 16. The firm has “Buy” rating given on Thursday, September 29 by Wunderlich. The firm has “Buy” rating by DA Davidson given on Monday, December 7. The firm earned “Underperform” rating on Friday, September 25 by Robert W. Baird. The firm has “Buy” rating by Global Hunter Securities given on Friday, September 11. The firm earned “Hold” rating on Friday, July 24 by Wunderlich.

More recent Emerge Energy Services LP (NYSE:EMES) news were published by: Fool.com which released: “Emerge Energy Services LP is Sinking Under the Weight of a Downgrade” on June 13, 2016. Also Streetinsider.com published the news titled: “Emerge Energy Services (EMES) Prices 3.4M Units Offering for Proceeds of $34M” on November 18, 2016. Finance.Yahoo.com‘s news article titled: “Can Emerge Energy Services (EMES) Surprise Q3 Earnings?” with publication date: October 28, 2016 was also an interesting one.

According to Zacks Investment Research, “Emerge Energy Services LP is engaged in owning, operation, acquisition and development of energy service assets primarily in the United States. It operates in two business segments: sand and fuel processing and distribution. Emerge Energy Services LP is based in Southlake, Texas.”

EMES Company Profile

Emerge Energy Services LP, incorporated on April 27, 2012, owns, operates, acquires and develops a portfolio of energy service assets. The Company’s divisions include Sand segment, Fuel segment and Corporate. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. The Company’s Fuel segment operates approximately two terminals and over two transmix processing facilities that are located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. The Firm conducts its Sand activities through its subsidiary Superior Silica Sands LLC (SSS) and its Fuel activities through its subsidiaries Direct Fuels LLC (Direct Fuels), Allied Energy Company LLC (AEC) and Emerge Energy Distributors Inc. (Distributor).

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