Lazard Asset Management LLC Boosts Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Lazard Asset Management LLC raised its position in Willdan Group, Inc. (NASDAQ:WLDN) by 54.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,336 shares of the construction company’s stock after acquiring an additional 16,703 shares during the period. Lazard Asset Management LLC owned approximately 0.34% of Willdan Group worth $1,803,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in shares of Willdan Group in the 4th quarter worth $40,000. Tower Research Capital LLC TRC increased its position in Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock valued at $64,000 after buying an additional 1,387 shares in the last quarter. Legal & General Group Plc raised its stake in Willdan Group by 26.4% in the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock valued at $99,000 after buying an additional 542 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in Willdan Group in the fourth quarter worth about $125,000. Finally, Quantbot Technologies LP boosted its holdings in Willdan Group by 626.5% in the fourth quarter. Quantbot Technologies LP now owns 4,526 shares of the construction company’s stock worth $172,000 after acquiring an additional 3,903 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Willdan Group

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the completion of the transaction, the director now owns 12,767 shares of the company’s stock, valued at approximately $500,466.40. The trade was a 15.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 9.80% of the stock is currently owned by insiders.

Willdan Group Stock Performance

Shares of WLDN opened at $48.63 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a 50-day moving average of $40.47 and a two-hundred day moving average of $39.30. The stock has a market cap of $704.99 million, a P/E ratio of 29.83 and a beta of 1.09. Willdan Group, Inc. has a one year low of $27.19 and a one year high of $50.00.

Analyst Ratings Changes

WLDN has been the topic of several recent analyst reports. Wedbush upgraded shares of Willdan Group to a “strong-buy” rating in a report on Monday, March 10th. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.