Prudential Financial Inc. Sells 6,950 Shares of Construction Partners, Inc. (NASDAQ:ROAD)

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Prudential Financial Inc. trimmed its position in Construction Partners, Inc. (NASDAQ:ROAD – Free Report) by 68.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,141 shares of the company’s stock after selling 6,950 shares during the period. Prudential Financial Inc.’s holdings in Construction Partners were worth $278,000 as of its most recent filing with [...]

Prudential Financial Inc. trimmed its position in Construction Partners, Inc. ( NASDAQ:ROAD – Free Report ) by 68.

9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,141 shares of the company’s stock after selling 6,950 shares during the period.



Prudential Financial Inc.’s holdings in Construction Partners were worth $278,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also recently bought and sold shares of the company.

Sheets Smith Wealth Management acquired a new stake in Construction Partners during the fourth quarter valued at approximately $632,000. Artemis Investment Management LLP acquired a new stake in shares of Construction Partners in the fourth quarter valued at approximately $18,893,000. Washington University bought a new stake in shares of Construction Partners during the fourth quarter worth $3,452,000.

Sanctuary Advisors LLC bought a new stake in Construction Partners during the 3rd quarter worth about $288,000. Finally, State Street Corp lifted its holdings in Construction Partners by 2.7% in the third quarter.

State Street Corp now owns 1,004,867 shares of the company’s stock valued at $70,140,000 after buying an additional 26,189 shares during the period. 94.83% of the stock is owned by institutional investors.

Construction Partners Trading Down 1.3 % Construction Partners stock opened at $78.11 on Friday.

The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.23 and a current ratio of 1.

54. Construction Partners, Inc. has a 52 week low of $49.

16 and a 52 week high of $103.69. The stock has a 50-day simple moving average of $74.

48 and a 200 day simple moving average of $82.28. The stock has a market capitalization of $4.

36 billion, a P/E ratio of 73.00, a PEG ratio of 0.99 and a beta of 0.

85. Analyst Ratings Changes Check Out Our Latest Research Report on Construction Partners Construction Partners Profile ( Free Report ) Construction Partners, Inc, a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments.

Read More Want to see what other hedge funds are holding ROAD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Construction Partners, Inc. ( NASDAQ:ROAD – Free Report ).

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