CenterBook Partners LP Takes Position in Willdan Group, Inc. (NASDAQ:WLDN)

CenterBook Partners LP purchased a new stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,292 shares of the construction company's stock, valued at approximately $468,000. CenterBook Partners LP owned 0.09% of Willdan Group as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Legal & General Group Plc lifted its holdings in shares of Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company's stock valued at $99,000 after acquiring an additional 542 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Willdan Group by 32.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,877 shares of the construction company's stock worth $681,000 after buying an additional 4,375 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Willdan Group in the fourth quarter valued at about $629,000. Wells Fargo & Company MN raised its holdings in shares of Willdan Group by 2,934.0% during the 4th quarter. Wells Fargo & Company MN now owns 175,334 shares of the construction company's stock valued at $6,678,000 after buying an additional 169,555 shares during the period. Finally, Integrated Quantitative Investments LLC purchased a new position in Willdan Group in the 4th quarter worth approximately $289,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Wedbush upgraded Willdan Group to a "strong-buy" rating in a research note on Monday, March 10th. StockNews.com cut Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 19th.

Willdan Group Price Performance

Shares of NASDAQ:WLDN traded down $0.11 during trading on Friday, reaching $38.48. The company had a trading volume of 98,487 shares, compared to its average volume of 131,596. The firm's fifty day moving average is $37.58 and its 200 day moving average is $39.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a market capitalization of $554.42 million, a PE ratio of 23.61 and a beta of 1.12. Willdan Group, Inc. has a twelve month low of $26.40 and a twelve month high of $50.00.

Insider Activity

In other news, Director Mohammad Shahidehpour sold 2,273 shares of Willdan Group stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $39.20, for a total value of $89,101.60. Following the transaction, the director now owns 12,767 shares of the company's stock, valued at $500,466.40. The trade was a 15.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 9.80% of the company's stock.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.