Healthcare of Ontario Pension Plan Trust Fund Purchases 21,722 Shares of Centuri Holdings, Inc. $CTRI

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Centuri Holdings, Inc. (NYSE:CTRI) by 8.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 283,212 shares of the company’s stock after purchasing an additional 21,722 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Centuri were worth $8,273,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CTRI. Caitong International Asset Management Co. Ltd increased its position in Centuri by 13,385.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,888 shares of the company’s stock worth $40,000 after buying an additional 1,874 shares during the last quarter. KBC Group NV bought a new position in shares of Centuri during the 1st quarter worth approximately $67,000. CWM LLC boosted its stake in shares of Centuri by 59.7% during the 4th quarter. CWM LLC now owns 4,045 shares of the company’s stock worth $102,000 after acquiring an additional 1,512 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Centuri by 121.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,532 shares of the company’s stock worth $124,000 after acquiring an additional 3,037 shares during the period. Finally, Chicago Partners Investment Group LLC acquired a new position in shares of Centuri during the 1st quarter worth approximately $183,000.

Centuri Price Performance

Centuri stock opened at $26.08 on Wednesday. Centuri Holdings, Inc. has a 12 month low of $19.04 and a 12 month high of $42.99. The stock’s 50 day moving average is $29.09 and its 200-day moving average is $30.18. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 76.70, a PEG ratio of 0.90 and a beta of 1.06.

Centuri (NYSE:CTRI) last announced its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.05. The company had revenue of $688.69 million for the quarter, compared to analyst estimates of $618.87 million. Centuri had a return on equity of 5.64% and a net margin of 0.98%.The firm’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.12) earnings per share. Equities research analysts expect that Centuri Holdings, Inc. will post 0.61 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company increased their price target on Centuri from $32.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. UBS Group upped their price objective on shares of Centuri from $33.00 to $36.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Cantor Fitzgerald upped their price objective on shares of Centuri from $37.40 to $46.00 and gave the company an “overweight” rating in a report on Monday, May 11th. JPMorgan Chase & Co. increased their price objective on shares of Centuri from $26.00 to $29.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. Finally, Wall Street Zen cut shares of Centuri from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $37.80.

Centuri Company Profile

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.