North American Construction Group Ltd. (NYSE:NOA) Shares Sold by Fiera Capital Corp

Fiera Capital Corp decreased its stake in North American Construction Group Ltd. (NYSE:NOA - Free Report) TSE: NOA by 60.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,190 shares of the oil and gas company's stock after selling 158,342 shares during the quarter. Fiera Capital Corp owned approximately 0.38% of North American Construction Group worth $1,913,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. CANADA LIFE ASSURANCE Co boosted its position in North American Construction Group by 686.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 17,428 shares of the oil and gas company's stock worth $387,000 after purchasing an additional 15,213 shares in the last quarter. TD Asset Management Inc boosted its position in North American Construction Group by 2.4% during the second quarter. TD Asset Management Inc now owns 24,688 shares of the oil and gas company's stock worth $476,000 after purchasing an additional 571 shares in the last quarter. SkyView Investment Advisors LLC purchased a new position in North American Construction Group during the first quarter worth approximately $742,000. Swiss National Bank boosted its position in North American Construction Group by 4.4% during the first quarter. Swiss National Bank now owns 49,900 shares of the oil and gas company's stock worth $1,109,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in North American Construction Group by 2.8% during the first quarter. Janney Montgomery Scott LLC now owns 79,212 shares of the oil and gas company's stock worth $1,765,000 after purchasing an additional 2,180 shares in the last quarter. Hedge funds and other institutional investors own 74.99% of the company's stock.

North American Construction Group Price Performance

Shares of North American Construction Group stock traded down $0.36 during mid-day trading on Friday, reaching $20.68. 57,295 shares of the stock traded hands, compared to its average volume of 71,993. The business has a 50-day moving average of $18.57 and a 200 day moving average of $19.34. North American Construction Group Ltd. has a fifty-two week low of $16.46 and a fifty-two week high of $25.92. The stock has a market capitalization of $554.84 million, a PE ratio of 14.36 and a beta of 1.48. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 1.85.

North American Construction Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Wednesday, November 27th will be issued a $0.089 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Wednesday, November 27th. This is a boost from North American Construction Group's previous quarterly dividend of $0.07. North American Construction Group's dividend payout ratio (DPR) is currently 20.14%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded North American Construction Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 3rd.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.