27,712 Shares in Centuri Holdings, Inc. (NYSE:CTRI) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of Centuri Holdings, Inc. (NYSE:CTRI - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,712 shares of the company's stock, valued at approximately $448,000.

Several other large investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA purchased a new position in Centuri during the second quarter worth approximately $33,619,000. Zimmer Partners LP raised its stake in shares of Centuri by 67.4% during the 3rd quarter. Zimmer Partners LP now owns 1,515,550 shares of the company's stock worth $24,476,000 after buying an additional 610,138 shares during the period. Clearbridge Investments LLC purchased a new position in shares of Centuri during the 2nd quarter valued at approximately $5,587,000. Point72 Asset Management L.P. acquired a new stake in Centuri in the 2nd quarter valued at $4,339,000. Finally, Ghisallo Capital Management LLC purchased a new stake in Centuri in the 2nd quarter worth $3,409,000.

Wall Street Analyst Weigh In

Several research firms have issued reports on CTRI. Robert W. Baird increased their price objective on shares of Centuri from $19.00 to $21.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on shares of Centuri from $16.00 to $17.00 and gave the stock an "underweight" rating in a research report on Thursday, November 7th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $18.40.

Centuri Trading Up 1.4 %

Shares of Centuri stock traded up $0.30 during trading hours on Friday, reaching $21.03. 326,575 shares of the company's stock were exchanged, compared to its average volume of 497,610. The business has a fifty day moving average of $19.61 and a two-hundred day moving average of $19.40. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.64 and a quick ratio of 1.64. Centuri Holdings, Inc. has a 1 year low of $14.47 and a 1 year high of $28.65.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.