2 weeks Ago By Defense World Staff
American Century Companies Inc. boosted its position in North American Construction Group Ltd. (NYSE:NOA – Free Report) (TSE:NOA) by 1.
8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 252,224 shares of the oil and gas company’s stock after purchasing an additional 4,473 shares during the period. American Century Companies Inc.
owned about 0.91% of North American Construction Group worth $5,436,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also bought and sold shares of NOA.
Public Employees Retirement System of Ohio acquired a new stake in shares of North American Construction Group in the third quarter valued at approximately $185,000. Stephens Inc. AR bought a new stake in North American Construction Group in the 4th quarter valued at $204,000.
Geode Capital Management LLC lifted its holdings in North American Construction Group by 14.9% during the 3rd quarter. Geode Capital Management LLC now owns 14,138 shares of the oil and gas company’s stock valued at $264,000 after purchasing an additional 1,838 shares during the last quarter.
Proficio Capital Partners LLC bought a new position in North American Construction Group during the fourth quarter worth $269,000. Finally, Northwest & Ethical Investments L.P.
increased its holdings in shares of North American Construction Group by 122.0% in the fourth quarter. Northwest & Ethical Investments L.
P. now owns 14,612 shares of the oil and gas company’s stock valued at $314,000 after purchasing an additional 8,029 shares during the last quarter. Institutional investors own 74.
99% of the company’s stock. North American Construction Group Price PerformanceShares of NYSE NOA opened at $14.26 on Friday.
The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.
85. The firm has a market cap of $437.88 million, a P/E ratio of 9.
90 and a beta of 1.16. The business’s 50 day moving average is $17.
54 and its 200-day moving average is $19.00. North American Construction Group Ltd.
has a 1-year low of $14.06 and a 1-year high of $23.27.
North American Construction Group Cuts DividendThe firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Thursday, March 13th will be paid a $0.084 dividend.
The ex-dividend date is Thursday, March 13th. This represents a $0.34 annualized dividend and a dividend yield of 2.
35%. North American Construction Group’s dividend payout ratio (DPR) is presently 28.70%.
Wall Street Analysts Forecast GrowthSeparately, Raymond James upgraded shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.
com, the stock presently has an average rating of “Buy”.Check Out Our Latest Analysis on NOANorth American Construction Group Profile (Free Report)North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States.
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