SG Americas Securities LLC purchased a new position in shares of Everus (NYSE:ECG - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,182 shares of the company's stock, valued at approximately $669,000.
Several other large investors have also recently added to or reduced their stakes in the stock. Hennessy Advisors Inc. purchased a new position in shares of Everus in the fourth quarter valued at $31,611,000. Dakota Wealth Management purchased a new position in Everus in the 4th quarter valued at about $1,219,000. Brady Martz Wealth Solutions LLC purchased a new position in Everus in the 4th quarter valued at about $472,000. Forza Wealth Management LLC purchased a new stake in shares of Everus during the fourth quarter worth about $336,000. Finally, Cascade Investment Group Inc. purchased a new stake in shares of Everus during the fourth quarter worth about $329,000.
Analyst Ratings Changes
A number of research firms have commented on ECG. Wolfe Research assumed coverage on shares of Everus in a research note on Tuesday, December 3rd. They set a "peer perform" rating on the stock. DA Davidson assumed coverage on shares of Everus in a research report on Monday, November 4th. They set a "neutral" rating and a $55.00 price target on the stock. Stifel Nicolaus boosted their price objective on Everus from $78.00 to $85.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, Oppenheimer increased their target price on Everus from $70.00 to $80.00 and gave the stock an "outperform" rating in a report on Tuesday, January 7th.
Check Out Our Latest Stock Analysis on ECG
Everus Stock Down 2.4 %
Shares of ECG stock traded down $1.67 during mid-day trading on Monday, hitting $67.14. 271,402 shares of the stock traded hands, compared to its average volume of 632,278. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. The stock's 50-day simple moving average is $68.29. Everus has a twelve month low of $40.05 and a twelve month high of $77.93.
Everus (NYSE:ECG - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.82 EPS for the quarter. The company had revenue of $760.99 million for the quarter. Equities analysts expect that Everus will post 2.83 earnings per share for the current fiscal year.
Everus Profile
(
Free Report)
Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.
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