Heirloom Wealth Management Increases Holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP)

Heirloom Wealth Management lifted its position in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 20.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,254 shares of the company’s stock after purchasing an additional 9,920 shares during the quarter. Heirloom Wealth Management owned about 0.11% of Concrete Pumping worth $486,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in Concrete Pumping by 2.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 68,728 shares of the company’s stock valued at $552,000 after acquiring an additional 1,372 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Concrete Pumping by 2.2% in the fourth quarter. Federated Hermes Inc. now owns 98,942 shares of the company’s stock worth $811,000 after acquiring an additional 2,093 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Concrete Pumping by 54.1% during the second quarter. BNP Paribas Arbitrage SA now owns 6,536 shares of the company’s stock worth $40,000 after buying an additional 2,295 shares during the last quarter. Rhumbline Advisers boosted its stake in Concrete Pumping by 9.2% during the first quarter. Rhumbline Advisers now owns 27,660 shares of the company’s stock worth $185,000 after buying an additional 2,328 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Concrete Pumping by 11.2% during the second quarter. JPMorgan Chase & Co. now owns 26,708 shares of the company’s stock worth $214,000 after buying an additional 2,688 shares during the last quarter. 34.20% of the stock is currently owned by hedge funds and other institutional investors.

Concrete Pumping Stock Performance

NASDAQ BBCP remained flat at $6.66 on Friday. The company’s stock had a trading volume of 53,579 shares, compared to its average volume of 77,096. The firm has a fifty day simple moving average of $7.82 and a two-hundred day simple moving average of $7.83. The company has a market cap of $358.77 million, a PE ratio of 19.03 and a beta of 1.08. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.10 and a quick ratio of 1.01. Concrete Pumping Holdings, Inc. has a one year low of $6.12 and a one year high of $9.15.

Concrete Pumping (NASDAQ:BBCP) last posted its earnings results on Thursday, March 7th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). Concrete Pumping had a net margin of 4.81% and a return on equity of 7.76%. The business had revenue of $97.71 million during the quarter, compared to analysts’ expectations of $98.25 million. Equities research analysts forecast that Concrete Pumping Holdings, Inc. will post 0.45 earnings per share for the current year.

Insider Buying and Selling at Concrete Pumping

In related news, CEO Bruce F. Young sold 5,000 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $7.09, for a total value of $35,450.00. Following the sale, the chief executive officer now owns 2,049,275 shares in the company, valued at approximately $14,529,359.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 27.40% of the company’s stock.

Concrete Pumping Profile

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.