Trexquant Investment LP purchased a new position in Willdan Group (NASDAQ:WLDN) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,105 shares of the construction company’s stock, valued at approximately $286,000.
Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in shares of Willdan Group by 0.6% in the fourth quarter. BlackRock Inc. now owns 478,747 shares of the construction company’s stock worth $11,461,000 after acquiring an additional 3,054 shares during the period. Advisor Group Inc. boosted its stake in Willdan Group by 15.5% during the fourth quarter. Advisor Group Inc. now owns 30,302 shares of the construction company’s stock valued at $725,000 after buying an additional 4,069 shares during the period. Cadence Capital Management LLC boosted its stake in Willdan Group by 7.8% during the fourth quarter. Cadence Capital Management LLC now owns 56,368 shares of the construction company’s stock valued at $1,349,000 after buying an additional 4,084 shares during the period. Bank of New York Mellon Corp boosted its stake in Willdan Group by 20.5% during the fourth quarter. Bank of New York Mellon Corp now owns 30,538 shares of the construction company’s stock valued at $731,000 after buying an additional 5,205 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Willdan Group by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 414,920 shares of the construction company’s stock valued at $13,468,000 after buying an additional 6,232 shares during the period. 62.04% of the stock is owned by hedge funds and other institutional investors.
Get Willdan Group alerts:In other Willdan Group news, insider Marc Tipermas sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $26.47, for a total transaction of $66,175.00. Following the sale, the insider now owns 42,500 shares in the company, valued at $1,124,975. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 11.50% of the company’s stock.
NASDAQ:WLDN opened at $27.32 on Friday. The firm has a market cap of $242.05 million, a P/E ratio of 23.15 and a beta of 0.96. Willdan Group has a 52-week low of $19.25 and a 52-week high of $36.87. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.76 and a quick ratio of 1.76.
Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings data on Thursday, March 8th. The construction company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.04. The company had revenue of $64.16 million during the quarter, compared to analyst estimates of $55.44 million. Willdan Group had a return on equity of 15.35% and a net margin of 4.50%. equities research analysts anticipate that Willdan Group will post 2 EPS for the current year.
Several equities research analysts recently issued reports on the company. ValuEngine lowered Willdan Group from a “hold” rating to a “sell” rating in a research note on Friday, May 4th. Zacks Investment Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 10th. Canaccord Genuity set a $36.00 price objective on Willdan Group and gave the company a “buy” rating in a research note on Sunday, March 11th. Finally, BidaskClub lowered Willdan Group from a “hold” rating to a “sell” rating in a research note on Friday, April 13th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $34.33.
Willdan Group Profile
Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.
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