Sei Investments Co. Buys 231,582 Shares of NV5 Global, Inc. (NASDAQ:NVEE)

Sei Investments Co. lifted its stake in NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ) by 376.

4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 293,108 shares of the business services provider’s stock after acquiring an additional 231,582 shares during the period. Sei Investments Co.



’s holdings in NV5 Global were worth $5,522,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc.

raised its position in shares of NV5 Global by 322.4% in the fourth quarter. American Century Companies Inc.

now owns 2,147,358 shares of the business services provider’s stock valued at $40,456,000 after purchasing an additional 1,639,014 shares during the period. Quantbot Technologies LP raised its holdings in NV5 Global by 623.9% in the 4th quarter.

Quantbot Technologies LP now owns 39,357 shares of the business services provider’s stock worth $741,000 after acquiring an additional 33,920 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in NV5 Global by 299.2% in the 4th quarter.

Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,113 shares of the business services provider’s stock worth $209,000 after acquiring an additional 8,329 shares during the period. Maryland State Retirement & Pension System lifted its position in NV5 Global by 300.0% during the 4th quarter.

Maryland State Retirement & Pension System now owns 17,592 shares of the business services provider’s stock worth $331,000 after acquiring an additional 13,194 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in NV5 Global by 476.

7% during the fourth quarter. Advisors Asset Management Inc. now owns 153,969 shares of the business services provider’s stock valued at $2,901,000 after acquiring an additional 127,269 shares during the period.

75.54% of the stock is currently owned by institutional investors and hedge funds. NV5 Global Stock Performance NV5 Global stock opened at $19.

27 on Wednesday. The business has a 50 day moving average price of $18.24 and a two-hundred day moving average price of $20.

34. 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 12 month low of $16.77 and a 12 month high of $26.14.

The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 2.

63 and a beta of 1.22. NV5 Global announced that its board has authorized a share buyback plan on Monday, January 6th that allows the company to repurchase $20.

00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 1.6% of its shares through open market purchases.

Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued. Analyst Upgrades and Downgrades NVEE has been the topic of a number of recent analyst reports. Maxim Group dropped their price objective on NV5 Global from $29.

00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. StockNews.

com lowered NV5 Global from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Finally, Roth Mkm increased their price objective on NV5 Global from $27.00 to $28.

00 and gave the company a “buy” rating in a research report on Friday, February 21st. Check Out Our Latest Analysis on NV5 Global NV5 Global Company 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.

Further Reading 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 ).

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