2 weeks Ago By ABMN Staff
Victory Capital Management Inc. increased its holdings in Limbach Holdings, Inc. ( NASDAQ:LMB – Free Report ) by 2.
3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 64,979 shares of the construction company’s stock after purchasing an additional 1,481 shares during the period. Victory Capital Management Inc.
’s holdings in Limbach were worth $3,699,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds also recently bought and sold shares of LMB. SummerHaven Investment Management LLC boosted its holdings in Limbach by 0.
9% in the 2nd quarter. SummerHaven Investment Management LLC now owns 28,963 shares of the construction company’s stock valued at $1,649,000 after purchasing an additional 261 shares during the period. Panagora Asset Management Inc.
boosted its holdings in Limbach by 1.4% in the 4th quarter. Panagora Asset Management Inc.
now owns 23,436 shares of the construction company’s stock valued at $1,066,000 after purchasing an additional 320 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Limbach by 8.
4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,199 shares of the construction company’s stock valued at $257,000 after purchasing an additional 483 shares during the period.
Empowered Funds LLC raised its position in shares of Limbach by 7.3% during the 1st quarter. Empowered Funds LLC now owns 7,676 shares of the construction company’s stock valued at $318,000 after buying an additional 525 shares in the last quarter.
Finally, Calamos Advisors LLC raised its position in shares of Limbach by 6.0% during the 2nd quarter. Calamos Advisors LLC now owns 15,798 shares of the construction company’s stock valued at $899,000 after buying an additional 891 shares in the last quarter.
55.85% of the stock is owned by institutional investors. Insider Buying and Selling In related news, Director Joshua Horowitz sold 8,800 shares of Limbach stock in a transaction on Thursday, August 15th.
The shares were sold at an average price of $59.14, for a total value of $520,432.00.
Following the transaction, the director now owns 223,272 shares in the company, valued at approximately $13,204,306.08. The sale was disclosed in a filing with the SEC, which is available through the SEC website .
Insiders have sold a total of 40,072 shares of company stock worth $2,418,821 in the last 90 days. 10.20% of the stock is owned by company insiders.
Analyst Ratings Changes Read Our Latest Report on LMB Limbach Stock Performance Limbach stock opened at $72.23 on Tuesday. The firm’s fifty day moving average price is $61.
98 and its 200-day moving average price is $53.70. The company has a debt-to-equity ratio of 0.
15, a quick ratio of 1.63 and a current ratio of 1.63.
The stock has a market cap of $814.03 million, a P/E ratio of 33.60, a price-to-earnings-growth ratio of 2.
35 and a beta of 0.95. Limbach Holdings, Inc.
has a fifty-two week low of $26.76 and a fifty-two week high of $76.21.
Limbach ( NASDAQ:LMB – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 6th. The construction company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.
37 by $0.13. The firm had revenue of $122.
24 million for the quarter, compared to analysts’ expectations of $123.50 million. Limbach had a net margin of 5.
08% and a return on equity of 21.06%. During the same quarter last year, the company posted $0.
46 EPS. On average, equities research analysts expect that Limbach Holdings, Inc. will post 2.
43 earnings per share for the current fiscal year. Limbach Company Profile ( Free Report ) Limbach Holdings, Inc operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships.
The company engages in the construction and renovation projects that involve primarily include mechanical, plumbing, and electrical services. Further Reading Want to see what other hedge funds are holding LMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Limbach Holdings, Inc.
( NASDAQ:LMB – Free Report ). Receive News & Ratings for Limbach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limbach and related companies with MarketBeat.com's FREE daily email newsletter .
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