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Thompson Davis & CO. Inc. Has $248,000 Holdings in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)

Great Lakes Dredge & Dock logo with Construction background
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Thompson Davis & CO. Inc. reduced its position in shares of Great Lakes Dredge & Dock Co. (NASDAQ:GLDD - Free Report) by 68.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,950 shares of the construction company's stock after selling 48,350 shares during the quarter. Thompson Davis & CO. Inc.'s holdings in Great Lakes Dredge & Dock were worth $248,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC lifted its position in shares of Great Lakes Dredge & Dock by 1.9% in the third quarter. Jennison Associates LLC now owns 4,333,438 shares of the construction company's stock valued at $45,631,000 after buying an additional 79,087 shares during the last quarter. Harvey Partners LLC lifted its holdings in Great Lakes Dredge & Dock by 9.8% during the 3rd quarter. Harvey Partners LLC now owns 3,647,500 shares of the construction company's stock valued at $38,408,000 after purchasing an additional 325,500 shares during the last quarter. TCW Group Inc. boosted its position in Great Lakes Dredge & Dock by 5.0% during the third quarter. TCW Group Inc. now owns 2,095,834 shares of the construction company's stock worth $22,069,000 after purchasing an additional 99,696 shares during the period. Geode Capital Management LLC boosted its position in Great Lakes Dredge & Dock by 1.4% during the third quarter. Geode Capital Management LLC now owns 1,561,897 shares of the construction company's stock worth $16,450,000 after purchasing an additional 22,166 shares during the period. Finally, State Street Corp increased its holdings in shares of Great Lakes Dredge & Dock by 0.9% in the third quarter. State Street Corp now owns 1,540,516 shares of the construction company's stock valued at $16,222,000 after purchasing an additional 13,010 shares during the last quarter. 89.11% of the stock is owned by institutional investors.

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Great Lakes Dredge & Dock Stock Performance

Shares of NASDAQ GLDD traded up $0.25 during mid-day trading on Wednesday, reaching $8.56. 338,516 shares of the company were exchanged, compared to its average volume of 459,619. The stock has a market capitalization of $575.85 million, a P/E ratio of 10.19, a P/E/G ratio of 1.06 and a beta of 1.16. The company has a quick ratio of 1.01, a current ratio of 1.21 and a debt-to-equity ratio of 0.97. The company's 50-day simple moving average is $11.11 and its 200-day simple moving average is $11.11. Great Lakes Dredge & Dock Co. has a twelve month low of $6.55 and a twelve month high of $12.89.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.06. Great Lakes Dredge & Dock had a net margin of 7.51% and a return on equity of 13.72%. The firm had revenue of $202.77 million during the quarter, compared to the consensus estimate of $211.20 million. As a group, research analysts predict that Great Lakes Dredge & Dock Co. will post 0.69 earnings per share for the current year.

Great Lakes Dredge & Dock Company Profile

(Free Report)

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.

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Institutional Ownership by Quarter for Great Lakes Dredge & Dock (NASDAQ:GLDD)

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