Centuri Holdings, Inc. (NYSE:CTRI - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $14.46 and last traded at $15.21, with a volume of 132254 shares traded. The stock had previously closed at $16.25.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on CTRI shares. Robert W. Baird decreased their price objective on shares of Centuri from $23.00 to $22.00 and set an "outperform" rating for the company in a research report on Thursday, February 27th. JPMorgan Chase & Co. raised their price objective on Centuri from $17.00 to $19.00 and gave the company an "underweight" rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $19.00.
Read Our Latest Stock Report on CTRI
Centuri Trading Up 16.9 %
The stock has a market capitalization of $1.57 billion and a P/E ratio of -0.07. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.70. The business has a 50-day moving average price of $18.15 and a two-hundred day moving average price of $19.08.
Hedge Funds Weigh In On Centuri
Several hedge funds have recently bought and sold shares of the company. Rhumbline Advisers raised its stake in shares of Centuri by 18.8% during the first quarter. Rhumbline Advisers now owns 21,960 shares of the company's stock valued at $360,000 after acquiring an additional 3,475 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of Centuri by 12.5% in the fourth quarter. Nuveen Asset Management LLC now owns 28,312 shares of the company's stock valued at $547,000 after purchasing an additional 3,140 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new stake in Centuri in the 4th quarter valued at about $682,000. Needham Investment Management LLC boosted its holdings in shares of Centuri by 3.9% in the 4th quarter. Needham Investment Management LLC now owns 447,628 shares of the company's stock worth $8,644,000 after buying an additional 16,800 shares during the last quarter. Finally, Millennium Management LLC purchased a new stake in Centuri in the fourth quarter worth $888,000.
Centuri Company Profile
(
Get Free Report)
Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.
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