1 week Ago By ABMN Staff
KLP Kapitalforvaltning AS bought a new stake in NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,800 shares of the business services provider’s stock, valued at approximately $241,000.
Several other institutional investors have also recently bought and sold shares of the business. Swiss National Bank boosted its stake in shares of NV5 Global by 306.0% in the 4th quarter.
Swiss National Bank now owns 115,300 shares of the business services provider’s stock valued at $2,172,000 after purchasing an additional 86,900 shares in the last quarter. QV Investors Inc. lifted its stake in NV5 Global by 914.
2% in the 4th quarter. QV Investors Inc. now owns 48,580 shares of the business services provider’s stock valued at $915,000 after purchasing an additional 43,790 shares during the last quarter.
Nordea Investment Management AB lifted its stake in NV5 Global by 313.3% in the 4th quarter. Nordea Investment Management AB now owns 97,546 shares of the business services provider’s stock valued at $1,853,000 after purchasing an additional 73,944 shares during the last quarter.
Linden Thomas Advisory Services LLC boosted its position in NV5 Global by 292.4% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,169 shares of the business services provider’s stock valued at $945,000 after buying an additional 37,384 shares in the last quarter.
Finally, JPMorgan Chase & Co. grew its stake in shares of NV5 Global by 4.1% during the third quarter.
JPMorgan Chase & Co. now owns 62,944 shares of the business services provider’s stock worth $5,884,000 after buying an additional 2,483 shares during the last quarter. Institutional investors and hedge funds own 75.
54% of the company’s stock. NV5 Global Price Performance Shares of NASDAQ:NVEE opened at $16.88 on Tuesday.
The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.05 and a current ratio of 2.
05. NV5 Global, Inc. has a 52 week low of $16.
20 and a 52 week high of $26.14. The firm has a market cap of $1.
10 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 2.63 and a beta of 1.
07. The firm’s fifty day moving average is $18.21 and its 200-day moving average is $20.
22. NV5 Global declared that its board has authorized a share repurchase program on Monday, January 6th that permits the company to buyback $20.00 million in outstanding shares.
This buyback authorization permits the business services provider to repurchase up to 1.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.
Analysts Set New Price Targets A number of research analysts have recently commented on NVEE shares. Maxim Group dropped their price target on NV5 Global from $29.00 to $24.
00 and set a “buy” rating for the company in a research note on Friday, February 21st. StockNews.com downgraded NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th.
Finally, Roth Mkm boosted their price target on NV5 Global from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, February 21st.
Check Out Our Latest Stock Analysis on NVEE NV5 Global Profile ( Free Report ) NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions. Recommended Stories Want to see what other hedge funds are holding NVEE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ). Receive News & Ratings for NV5 Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NV5 Global and related companies with MarketBeat.
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