Hartree Partners LP Sells 350,000 Shares of Enerflex Ltd. (NYSE:EFXT)

Hartree Partners LP lowered its stake in shares of Enerflex Ltd. (NYSE:EFXT) by 70.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 150,000 shares of the company’s stock after selling 350,000 shares during the period. Hartree Partners LP owned 0.12% of Enerflex worth $1,492,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of EFXT. Bank of Montreal Can raised its holdings in Enerflex by 5.0% during the 3rd quarter. Bank of Montreal Can now owns 488,275 shares of the company’s stock valued at $2,895,000 after acquiring an additional 23,362 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Enerflex by 3.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company’s stock worth $1,103,000 after buying an additional 5,864 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Enerflex in the 3rd quarter worth $344,000. Barclays PLC raised its position in shares of Enerflex by 2,616,800.0% during the 3rd quarter. Barclays PLC now owns 26,169 shares of the company’s stock valued at $156,000 after buying an additional 26,168 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Enerflex by 11.2% in the third quarter. Geode Capital Management LLC now owns 61,057 shares of the company’s stock worth $364,000 after acquiring an additional 6,158 shares in the last quarter. 46.47% of the stock is owned by hedge funds and other institutional investors.

Enerflex Price Performance

Shares of Enerflex stock opened at $7.67 on Friday. Enerflex Ltd. has a 12 month low of $4.60 and a 12 month high of $10.61. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. The business’s 50-day moving average price is $8.61 and its 200-day moving average price is $8.22. The firm has a market capitalization of $951.56 million, a PE ratio of -12.17 and a beta of 2.12.

Enerflex Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were issued a dividend of $0.026 per share. This represents a $0.10 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Monday, March 10th. Enerflex’s dividend payout ratio is currently 40.00%.

Enerflex Company Profile

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.