2 weeks Ago By ABMN Staff
Bokf Na increased its stake in Ferguson plc ( NASDAQ:FERG – Free Report ) by 236.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,899 shares of the company’s stock after purchasing an additional 1,335 shares during the quarter.
Bokf Na’s holdings in Ferguson were worth $368,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc.
increased its holdings in Ferguson by 80.1% in the first quarter. Daiwa Securities Group Inc.
now owns 32,811 shares of the company’s stock valued at $7,166,000 after buying an additional 14,590 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in Ferguson by 14.
5% during the first quarter. Meeder Asset Management Inc. now owns 75,505 shares of the company’s stock worth $16,493,000 after purchasing an additional 9,562 shares during the last quarter.
Manning & Napier Advisors LLC purchased a new stake in Ferguson during the second quarter worth $2,834,000. Lighthouse Investment Partners LLC grew its holdings in Ferguson by 20.8% in the fourth quarter.
Lighthouse Investment Partners LLC now owns 60,406 shares of the company’s stock valued at $11,663,000 after purchasing an additional 10,406 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Ferguson in the fourth quarter valued at $732,000. Institutional investors and hedge funds own 81.
98% of the company’s stock. Ferguson Trading Up 2.1 % Shares of FERG opened at $197.
22 on Tuesday. The stock has a market cap of $39.83 billion, a PE ratio of 21.
55, a P/E/G ratio of 5.84 and a beta of 1.21.
The company has a debt-to-equity ratio of 0.64, a current ratio of 1.68 and a quick ratio of 0.
94. Ferguson plc has a 12 month low of $147.62 and a 12 month high of $225.
63. The stock’s 50-day moving average is $203.96 and its two-hundred day moving average is $207.
00. Analyst Upgrades and Downgrades FERG has been the topic of several recent research reports. Barclays reduced their price target on shares of Ferguson from $232.
00 to $229.00 and set an “overweight” rating on the stock in a report on Friday, July 12th. Jefferies Financial Group lifted their price target on Ferguson from $238.
00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, July 17th. Finally, Royal Bank of Canada dropped their price objective on Ferguson from $217.
00 to $211.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, Ferguson has an average rating of “Moderate Buy” and a consensus target price of $230.00.
Get Our Latest Research Report on FERG Ferguson Profile ( Free Report ) Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.
Featured Articles Want to see what other hedge funds are holding FERG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ferguson plc ( NASDAQ:FERG – Free Report ). Receive News & Ratings for Ferguson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferguson and related companies with MarketBeat.
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