Sei Investments Co. grew its position in Centuri Holdings, Inc. (NYSE:CTRI – Free Report) by 75.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 111,437 shares of the company’s stock after purchasing an additional 47,809 shares during the period. Sei Investments Co.’s holdings in Centuri were worth $3,255,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in CTRI. Dimensional Fund Advisors LP increased its holdings in shares of Centuri by 46.2% during the first quarter. Dimensional Fund Advisors LP now owns 890,022 shares of the company’s stock valued at $25,998,000 after acquiring an additional 281,264 shares in the last quarter. UBS Group AG grew its holdings in shares of Centuri by 59.9% during the fourth quarter. UBS Group AG now owns 1,025,061 shares of the company’s stock valued at $25,883,000 after buying an additional 384,054 shares during the last quarter. William Blair Investment Management LLC acquired a new position in shares of Centuri in the 4th quarter valued at $20,233,000. Verbena Value LP raised its stake in Centuri by 31.3% in the 1st quarter. Verbena Value LP now owns 1,771,457 shares of the company’s stock worth $51,744,000 after acquiring an additional 422,593 shares during the last quarter. Finally, Needham Investment Management LLC lifted its position in Centuri by 29.7% during the 4th quarter. Needham Investment Management LLC now owns 797,628 shares of the company’s stock worth $20,140,000 after acquiring an additional 182,500 shares during the period.
Centuri Price Performance
NYSE:CTRI opened at $23.86 on Friday. Centuri Holdings, Inc. has a one year low of $19.04 and a one year high of $42.99. The stock has a market cap of $2.41 billion, a PE ratio of 76.98, a P/E/G ratio of 0.74 and a beta of 1.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.88 and a current ratio of 1.82. The stock has a 50 day moving average price of $28.15 and a 200 day moving average price of $30.03.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Centuri from $26.00 to $29.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. Weiss Ratings upgraded shares of Centuri from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Wall Street Zen downgraded shares of Centuri from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Cantor Fitzgerald cut their price target on Centuri from $46.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, UBS Group boosted their price objective on Centuri from $33.00 to $36.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $32.40.
View Our Latest Research Report on CTRI
About Centuri
Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.
Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.
Read More
- Five stocks we like better than Centuri
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Want to see what other hedge funds are holding CTRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Centuri Holdings, Inc. (NYSE:CTRI – Free Report).
Receive News & Ratings for Centuri Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centuri and related companies with MarketBeat.com's FREE daily email newsletter.
