Empowered Funds LLC Buys 7,236 Shares of Smart Sand, Inc. (NASDAQ:SND)

Empowered Funds LLC lifted its position in Smart Sand, Inc. (NASDAQ:SND) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,983 shares of the company’s stock after acquiring an additional 7,236 shares during the period. Empowered Funds LLC owned approximately 0.34% of Smart Sand worth $284,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sara Bay Financial bought a new stake in shares of Smart Sand in the second quarter worth about $53,000. Ritholtz Wealth Management increased its stake in Smart Sand by 65.4% during the 2nd quarter. Ritholtz Wealth Management now owns 135,883 shares of the company’s stock worth $287,000 after purchasing an additional 53,716 shares in the last quarter. First Eagle Investment Management LLC acquired a new stake in Smart Sand during the 2nd quarter worth approximately $294,000. O Shaughnessy Asset Management LLC raised its holdings in Smart Sand by 67.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 212,994 shares of the company’s stock worth $407,000 after buying an additional 85,636 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Smart Sand by 36.7% in the second quarter. Dimensional Fund Advisors LP now owns 300,646 shares of the company’s stock valued at $634,000 after buying an additional 80,787 shares in the last quarter. Institutional investors own 35.21% of the company’s stock.

Smart Sand Trading Up 1.2 %

Shares of NASDAQ:SND opened at $2.45 on Tuesday. The firm has a market cap of $105.15 million, a price-to-earnings ratio of -17.50 and a beta of 1.07. The company has a quick ratio of 0.98, a current ratio of 1.71 and a debt-to-equity ratio of 0.04. Smart Sand, Inc. has a 12 month low of $1.65 and a 12 month high of $2.80. The company’s fifty day simple moving average is $2.17 and its 200 day simple moving average is $2.12.

Smart Sand Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, October 28th. Stockholders of record on Tuesday, October 15th were issued a $0.10 dividend. The ex-dividend date was Tuesday, October 15th. This represents a dividend yield of 4.52%.

Smart Sand Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.