Fox Run Management L.L.C. purchased a new position in shares of Everus Construction Group, Inc. (NYSE:ECG – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,706 shares of the company’s stock, valued at approximately $1,344,000.
Several other institutional investors have also bought and sold shares of ECG. Geneos Wealth Management Inc. grew its holdings in Everus Construction Group by 105.3% during the second quarter. Geneos Wealth Management Inc. now owns 386 shares of the company’s stock worth $25,000 after buying an additional 198 shares in the last quarter. Sound Income Strategies LLC bought a new stake in Everus Construction Group during the fourth quarter worth $28,000. Bessemer Group Inc. grew its holdings in Everus Construction Group by 68.2% during the third quarter. Bessemer Group Inc. now owns 338 shares of the company’s stock worth $29,000 after buying an additional 137 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Everus Construction Group during the fourth quarter worth $30,000. Finally, Signaturefd LLC grew its holdings in Everus Construction Group by 103.1% during the fourth quarter. Signaturefd LLC now owns 721 shares of the company’s stock worth $62,000 after buying an additional 366 shares in the last quarter.
Everus Construction Group Price Performance
Everus Construction Group stock opened at $146.59 on Wednesday. Everus Construction Group, Inc. has a 52 week low of $58.00 and a 52 week high of $171.58. The company’s 50 day moving average price is $142.25 and its two-hundred day moving average price is $113.87. The company has a quick ratio of 1.71, a current ratio of 1.77 and a debt-to-equity ratio of 0.38. The stock has a market cap of $7.48 billion, a P/E ratio of 33.62 and a beta of 2.32.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. Zacks Research cut shares of Everus Construction Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Freedom Capital cut shares of Everus Construction Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald lifted their target price on shares of Everus Construction Group from $115.00 to $174.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Stifel Nicolaus set a $172.00 target price on shares of Everus Construction Group in a research report on Friday, May 8th. Finally, Oppenheimer assumed coverage on shares of Everus Construction Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $185.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $155.67.
Check Out Our Latest Stock Analysis on ECG
Everus Construction Group Company Profile
Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers. Everus Construction Group is based in BISMARCK, N.D.
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