Fuller & Thaler Asset Management Inc. Sells 34,129 Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL)

Fuller & Thaler Asset Management Inc. decreased its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 2.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,393,777 shares of the construction company's stock after selling 34,129 shares during the period. Sterling Infrastructure comprises approximately 0.9% of Fuller & Thaler Asset Management Inc.'s portfolio, making the stock its 19th biggest holding. Fuller & Thaler Asset Management Inc. owned about 4.54% of Sterling Infrastructure worth $234,782,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in Sterling Infrastructure in the 4th quarter worth $39,000. Huntington National Bank grew its stake in shares of Sterling Infrastructure by 34.6% in the fourth quarter. Huntington National Bank now owns 288 shares of the construction company's stock worth $49,000 after purchasing an additional 74 shares during the last quarter. National Bank of Canada FI bought a new stake in shares of Sterling Infrastructure in the fourth quarter worth about $56,000. Arcadia Investment Management Corp MI purchased a new position in Sterling Infrastructure during the 4th quarter valued at about $71,000. Finally, Venturi Wealth Management LLC raised its position in Sterling Infrastructure by 1,369.0% during the 4th quarter. Venturi Wealth Management LLC now owns 617 shares of the construction company's stock valued at $104,000 after purchasing an additional 575 shares during the last quarter. 80.95% of the stock is owned by hedge funds and other institutional investors.

Sterling Infrastructure Stock Up 1.8 %

Shares of NASDAQ:STRL opened at $133.92 on Wednesday. The firm has a market capitalization of $4.07 billion, a P/E ratio of 22.62, a P/E/G ratio of 1.28 and a beta of 1.19. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a 50 day moving average price of $123.91 and a 200-day moving average price of $154.35. Sterling Infrastructure, Inc. has a 52-week low of $93.50 and a 52-week high of $206.07.

Analyst Ratings Changes

STRL has been the topic of several research analyst reports. William Blair started coverage on Sterling Infrastructure in a research note on Friday, January 17th. They set an "outperform" rating on the stock. StockNews.com downgraded shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. Finally, DA Davidson raised shares of Sterling Infrastructure from a "neutral" rating to a "buy" rating and set a $185.00 target price for the company in a research report on Thursday, February 27th.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.

Want to see what other hedge funds are holding STRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.