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WINTON GROUP Ltd Increases Stock Holdings in Tutor Perini Co. (NYSE:TPC)

Tutor Perini logo with Construction background
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WINTON GROUP Ltd grew its position in Tutor Perini Co. (NYSE:TPC - Free Report) by 39.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,708 shares of the construction company's stock after purchasing an additional 10,609 shares during the period. WINTON GROUP Ltd owned about 0.07% of Tutor Perini worth $913,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in Tutor Perini by 7.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,291 shares of the construction company's stock valued at $249,000 after buying an additional 700 shares during the last quarter. FMR LLC grew its holdings in shares of Tutor Perini by 103.1% in the third quarter. FMR LLC now owns 4,725 shares of the construction company's stock valued at $128,000 after acquiring an additional 2,399 shares in the last quarter. Martingale Asset Management L P increased its position in shares of Tutor Perini by 21.8% during the third quarter. Martingale Asset Management L P now owns 20,806 shares of the construction company's stock valued at $565,000 after acquiring an additional 3,721 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Tutor Perini by 7.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 60,331 shares of the construction company's stock valued at $1,639,000 after acquiring an additional 4,070 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Tutor Perini by 35.3% during the third quarter. The Manufacturers Life Insurance Company now owns 22,827 shares of the construction company's stock worth $620,000 after acquiring an additional 5,953 shares during the period. 65.01% of the stock is owned by institutional investors.

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Tutor Perini Stock Down 9.2 %

Shares of Tutor Perini stock traded down $2.16 during trading on Thursday, hitting $21.33. The company's stock had a trading volume of 76,729 shares, compared to its average volume of 591,489. The company has a fifty day simple moving average of $24.21 and a two-hundred day simple moving average of $25.70. Tutor Perini Co. has a 52 week low of $13.15 and a 52 week high of $34.55. The company has a market capitalization of $1.12 billion, a PE ratio of -8.50 and a beta of 1.47. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.55 and a current ratio of 1.55.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its earnings results on Thursday, February 27th. The construction company reported ($1.51) earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($1.80). Tutor Perini had a negative return on equity of 9.56% and a negative net margin of 3.08%. The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same period last year, the firm posted ($0.91) EPS.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. StockNews.com downgraded Tutor Perini from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Vertical Research began coverage on shares of Tutor Perini in a report on Tuesday, December 10th. They issued a "buy" rating and a $38.00 price target for the company. Finally, B. Riley raised Tutor Perini to a "strong-buy" rating in a report on Tuesday, March 18th.

Get Our Latest Stock Report on TPC

Tutor Perini Profile

(Free Report)

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.

Further Reading

Institutional Ownership by Quarter for Tutor Perini (NYSE:TPC)

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