Russell Investments Group Ltd. Raises Stock Position in NV5 Global, Inc. (NASDAQ:NVEE)

Russell Investments Group Ltd. boosted its position in shares of NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ) by 405.

3% in the fourth quarter, HoldingsChannel reports. The fund owned 175,582 shares of the business services provider’s stock after purchasing an additional 140,835 shares during the quarter. Russell Investments Group Ltd.



’s holdings in NV5 Global were worth $3,308,000 as of its most recent SEC filing. Several other institutional investors also recently bought and sold shares of NVEE. Barclays PLC increased its position in shares of NV5 Global by 352.

5% during the third quarter. Barclays PLC now owns 23,906 shares of the business services provider’s stock worth $2,235,000 after purchasing an additional 18,623 shares in the last quarter. Geode Capital Management LLC grew its stake in NV5 Global by 1.

6% during the 3rd quarter. Geode Capital Management LLC now owns 327,042 shares of the business services provider’s stock worth $30,577,000 after buying an additional 5,035 shares during the last quarter. JPMorgan Chase & Co.

increased its position in NV5 Global by 4.1% during the 3rd quarter. JPMorgan Chase & Co.

now owns 62,944 shares of the business services provider’s stock valued at $5,884,000 after buying an additional 2,483 shares in the last quarter. Nordea Investment Management AB raised its stake in NV5 Global by 313.3% in the fourth quarter.

Nordea Investment Management AB now owns 97,546 shares of the business services provider’s stock valued at $1,853,000 after buying an additional 73,944 shares during the last quarter. Finally, QV Investors Inc. boosted its holdings in NV5 Global by 914.

2% in the fourth quarter. QV Investors Inc. now owns 48,580 shares of the business services provider’s stock worth $915,000 after acquiring an additional 43,790 shares in the last quarter.

75.54% of the stock is currently owned by institutional investors and hedge funds. NV5 Global Trading Down 1.

4 % Shares of NASDAQ:NVEE opened at $15.71 on Thursday. The company has a quick ratio of 2.

05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30.

NV5 Global, Inc. has a 52-week low of $15.14 and a 52-week high of $26.

14. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 31.

90, a PEG ratio of 2.63 and a beta of 1.07.

The business has a 50-day moving average price of $17.85 and a 200-day moving average price of $19.86.

NV5 Global declared that its board has initiated a share repurchase plan on Monday, January 6th that allows the company to buyback $20.00 million in shares. This buyback authorization allows the business services provider to repurchase up to 1.

6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued. Wall Street Analyst Weigh In Several research firms have recently issued reports on NVEE.

StockNews.com downgraded shares of NV5 Global from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Maxim Group cut their price target on shares of NV5 Global from $29.

00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Roth Mkm lifted their price objective on shares of NV5 Global from $27.

00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Get 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. Featured 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.

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