GKV Capital Management Co. Inc. Purchases Shares of 2,100 Sterling Infrastructure, Inc. (NASDAQ:STRL)

GKV Capital Management Co. Inc. acquired a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,100 shares of the construction company's stock, valued at approximately $354,000.

A number of other large investors have also recently made changes to their positions in the stock. Huntington National Bank raised its position 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 acquiring an additional 74 shares during the period. Kovack Advisors Inc. boosted its position in Sterling Infrastructure by 3.2% during the fourth quarter. Kovack Advisors Inc. now owns 2,914 shares of the construction company's stock worth $491,000 after purchasing an additional 91 shares in the last quarter. Willis Investment Counsel grew its holdings in Sterling Infrastructure by 1.4% in the fourth quarter. Willis Investment Counsel now owns 7,535 shares of the construction company's stock valued at $1,269,000 after purchasing an additional 101 shares during the period. Xponance Inc. raised its stake in shares of Sterling Infrastructure by 6.5% during the 4th quarter. Xponance Inc. now owns 2,144 shares of the construction company's stock worth $361,000 after buying an additional 131 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in Sterling Infrastructure by 7.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,980 shares of the construction company's stock valued at $334,000 after acquiring an additional 137 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.

Sterling Infrastructure Trading Up 4.1 %

Sterling Infrastructure stock traded up $5.42 during midday trading on Tuesday, hitting $136.99. 154,032 shares of the stock were exchanged, compared to its average volume of 792,787. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 1.28 and a beta of 1.19. The stock's 50-day simple moving average is $123.83 and its 200 day simple moving average is $154.50. Sterling Infrastructure, Inc. has a fifty-two week low of $93.50 and a fifty-two week high of $206.07.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on STRL shares. StockNews.com downgraded shares of Sterling Infrastructure from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. William Blair began coverage on Sterling Infrastructure in a report on Friday, January 17th. They set an "outperform" rating for the company. Finally, DA Davidson upgraded Sterling Infrastructure from a "neutral" rating to a "buy" rating and set a $185.00 price target for the company in a research report on Thursday, February 27th.

About Sterling Infrastructure

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.