Tetra Tech, Inc. (NASDAQ:TTEK) Shares Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. boosted its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 92.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,470 shares of the industrial products company's stock after purchasing an additional 11,746 shares during the period. Landscape Capital Management L.L.C.'s holdings in Tetra Tech were worth $975,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Townsquare Capital LLC grew its stake in shares of Tetra Tech by 430.8% during the third quarter. Townsquare Capital LLC now owns 6,327 shares of the industrial products company's stock valued at $298,000 after buying an additional 5,135 shares during the last quarter. Walleye Capital LLC boosted its holdings in Tetra Tech by 2,141.2% during the 3rd quarter. Walleye Capital LLC now owns 6,096 shares of the industrial products company's stock valued at $287,000 after acquiring an additional 5,824 shares during the period. Captrust Financial Advisors grew its position in Tetra Tech by 463.7% in the 3rd quarter. Captrust Financial Advisors now owns 24,724 shares of the industrial products company's stock valued at $1,166,000 after acquiring an additional 20,338 shares during the last quarter. Hilltop Holdings Inc. bought a new position in Tetra Tech in the 3rd quarter valued at $395,000. Finally, HighTower Advisors LLC increased its stake in Tetra Tech by 436.3% in the third quarter. HighTower Advisors LLC now owns 124,407 shares of the industrial products company's stock worth $5,883,000 after purchasing an additional 101,208 shares during the period. 93.89% of the stock is currently owned by institutional investors.

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Tetra Tech Stock Up 3.2 %

NASDAQ:TTEK traded up $0.93 during mid-day trading on Friday, reaching $30.19. The company's stock had a trading volume of 1,957,705 shares, compared to its average volume of 2,007,587. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.53. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $51.20. The stock has a fifty day moving average of $30.03 and a 200-day moving average of $38.89. The firm has a market capitalization of $8.09 billion, a PE ratio of 31.71 and a beta of 0.89.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The industrial products company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. Tetra Tech had a net margin of 4.81% and a return on equity of 22.58%. Equities research analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.058 per share. This represents a $0.23 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Tetra Tech's payout ratio is currently 24.21%.

Insiders Place Their Bets

In other news, Director Kirsten M. Volpi sold 10,116 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $34.33, for a total transaction of $347,282.28. Following the completion of the sale, the director now owns 60,196 shares in the company, valued at approximately $2,066,528.68. This represents a 14.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TTEK shares. Royal Bank of Canada set a $49.00 target price on shares of Tetra Tech in a research note on Friday, January 31st. Maxim Group cut shares of Tetra Tech from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, KeyCorp dropped their target price on shares of Tetra Tech from $49.00 to $45.00 and set an "overweight" rating on the stock in a research note on Friday, January 31st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Tetra Tech presently has a consensus rating of "Moderate Buy" and an average price target of $47.92.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.