Dimensional Fund Advisors LP Purchases 2,624 Shares of Emerald Holding, Inc. (NYSE:EEX)

Dimensional Fund Advisors LP raised its position in Emerald Holding, Inc. (NYSE:EEX) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 269,034 shares of the company’s stock after purchasing an additional 2,624 shares during the period. Dimensional Fund Advisors LP’s holdings in Emerald were worth $1,531,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its position in shares of Emerald by 5.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 70,486 shares of the company’s stock valued at $401,000 after acquiring an additional 3,950 shares during the last quarter. FFT Wealth Management LLC purchased a new stake in Emerald in the second quarter valued at approximately $532,000. Finally, Vanguard Group Inc. lifted its position in Emerald by 0.5% during the first quarter. Vanguard Group Inc. now owns 1,113,221 shares of the company’s stock valued at $7,581,000 after purchasing an additional 5,184 shares during the last quarter. Hedge funds and other institutional investors own 14.90% of the company’s stock.

Emerald Price Performance

EEX stock opened at $4.07 on Friday. The firm has a 50 day simple moving average of $5.06 and a two-hundred day simple moving average of $5.62. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market cap of $830.00 million, a PE ratio of -8.31 and a beta of 1.36. Emerald Holding, Inc. has a one year low of $4.00 and a one year high of $7.05.

Emerald (NYSE:EEX) last released its earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.13. Emerald had a return on equity of 3.53% and a net margin of 0.25%. The company had revenue of $86.00 million during the quarter.

Emerald Dividend Announcement

The company also recently disclosed a — dividend, which was paid on Thursday, August 29th. Stockholders of record on Monday, August 19th were paid a dividend of $0.015 per share. The ex-dividend date of this dividend was Monday, August 19th.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.