Latest Stocks: Strs Ohio Has $426,000 Stake in Dawson Geophysical Co (DWSN)

Latest Stocks: Strs Ohio Has $426,000 Stake in Dawson Geophysical Co (DWSN)

Strs Ohio continued to hold its stake in shares of Dawson Geophysical Co (NASDAQ:DWSN) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,700 shares of the oil and gas company’s stock at the end of the first quarter. Strs Ohio’s holdings in Dawson Geophysical were worth $426,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Moors & Cabot Inc. boosted its stake in shares of Dawson Geophysical by 19.5% in the third quarter. Moors & Cabot Inc. now owns 15,344 shares of the oil and gas company’s stock valued at $117,000 after buying an additional 2,500 shares during the last quarter. Two Sigma Investments LP boosted its stake in shares of Dawson Geophysical by 5.2% in the fourth quarter. Two Sigma Investments LP now owns 47,996 shares of the oil and gas company’s stock valued at $386,000 after buying an additional 2,384 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of Dawson Geophysical by 45.2% in the fourth quarter. Teachers Advisors LLC now owns 49,331 shares of the oil and gas company’s stock valued at $397,000 after buying an additional 15,347 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Dawson Geophysical by 13.7% in the fourth quarter. GSA Capital Partners LLP now owns 125,410 shares of the oil and gas company’s stock valued at $1,008,000 after buying an additional 15,158 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Dawson Geophysical by 7.3% in the fourth quarter. State Street Corp now owns 254,235 shares of the oil and gas company’s stock valued at $2,045,000 after buying an additional 17,322 shares during the last quarter. Institutional investors and hedge funds own 70.41% of the company’s stock.

Shares of Dawson Geophysical Co (DWSN) opened at 4.16 on Tuesday. The stock has a 50 day moving average price of $4.67 and a 200 day moving average price of $6.62. Dawson Geophysical Co has a 52 week low of $3.77 and a 52 week high of $9.00. The firm’s market capitalization is $90.20 million.

Dawson Geophysical (NASDAQ:DWSN) last posted its earnings results on Thursday, May 4th. The oil and gas company reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.34) by $0.08. The business had revenue of $41.93 million for the quarter, compared to analyst estimates of $26.35 million. Dawson Geophysical had a negative net margin of 23.70% and a negative return on equity of 19.25%. Equities analysts forecast that Dawson Geophysical Co will post ($1.25) earnings per share for the current fiscal year.

Separately, Zacks Investment Research cut Dawson Geophysical from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th.

Want to see what other hedge funds are holding DWSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dawson Geophysical Co (NASDAQ:DWSN).

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