Landscape Capital Management L.L.C. Decreases Holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP)

Landscape Capital Management L.L.C. lowered its holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP - Free Report) by 78.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 13,999 shares of the company's stock after selling 50,150 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Concrete Pumping were worth $93,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BBCP. Trexquant Investment LP lifted its holdings in Concrete Pumping by 9.5% in the fourth quarter. Trexquant Investment LP now owns 25,906 shares of the company's stock worth $173,000 after buying an additional 2,238 shares during the period. Keybank National Association OH raised its position in shares of Concrete Pumping by 14.6% in the 4th quarter. Keybank National Association OH now owns 29,085 shares of the company's stock worth $194,000 after acquiring an additional 3,705 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Concrete Pumping by 1.9% in the 4th quarter. Empowered Funds LLC now owns 310,132 shares of the company's stock valued at $2,065,000 after purchasing an additional 5,750 shares during the period. Geode Capital Management LLC boosted its position in shares of Concrete Pumping by 1.1% during the third quarter. Geode Capital Management LLC now owns 564,751 shares of the company's stock valued at $3,270,000 after purchasing an additional 6,025 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Concrete Pumping in the fourth quarter worth $75,000. 34.20% of the stock is currently owned by institutional investors.

Insider Transactions at Concrete Pumping

In other news, CEO Bruce F. Young acquired 49,507 shares of Concrete Pumping stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of $5.19 per share, for a total transaction of $256,941.33. Following the purchase, the chief executive officer now owns 1,722,622 shares in the company, valued at $8,940,408.18. This trade represents a 2.96 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 26.60% of the stock is owned by insiders.

Concrete Pumping Stock Up 0.1 %

NASDAQ:BBCP traded up $0.01 during trading hours on Tuesday, reaching $6.00. 24,850 shares of the company traded hands, compared to its average volume of 130,914. Concrete Pumping Holdings, Inc. has a 1 year low of $4.78 and a 1 year high of $9.68. The stock has a market capitalization of $318.04 million, a P/E ratio of 23.06 and a beta of 1.01. The business's 50-day moving average price is $6.15 and its two-hundred day moving average price is $6.48. The company has a current ratio of 1.99, a quick ratio of 1.89 and a debt-to-equity ratio of 1.16.

Analysts Set New Price Targets

Several equities analysts have commented on BBCP shares. Robert W. Baird lowered their price objective on Concrete Pumping from $7.00 to $6.50 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. DA Davidson lowered their price target on shares of Concrete Pumping from $9.50 to $9.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Concrete Pumping has an average rating of "Hold" and a consensus price target of $7.44.

About Concrete Pumping

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.