Eagle Boston Investment Management Inc. increased its stake in shares of Dycom Industries, Inc. (NYSE:DY) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,141 shares of the construction company’s stock after buying an additional 3,287 shares during the quarter. Dycom Industries accounts for 1.3% of Eagle Boston Investment Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Eagle Boston Investment Management Inc. owned 0.48% of Dycom Industries worth $12,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in DY. Capstone Asset Management Co. grew its holdings in Dycom Industries by 3.8% during the second quarter. Capstone Asset Management Co. now owns 2,448 shares of the construction company’s stock worth $219,000 after buying an additional 90 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Dycom Industries by 4.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 11,460 shares of the construction company’s stock worth $1,026,000 after buying an additional 496 shares in the last quarter. LS Investment Advisors LLC grew its stake in Dycom Industries by 16.0% in the 2nd quarter. LS Investment Advisors LLC now owns 2,439 shares of the construction company’s stock valued at $218,000 after purchasing an additional 337 shares during the period. Nisa Investment Advisors LLC grew its stake in Dycom Industries by 2.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,230 shares of the construction company’s stock valued at $379,000 after purchasing an additional 100 shares during the period. Finally, Louisiana State Employees Retirement System grew its stake in Dycom Industries by 2.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 8,100 shares of the construction company’s stock valued at $725,000 after purchasing an additional 200 shares during the period.

Dycom Industries, Inc. (DY) opened at $104.08 on Friday. Dycom Industries, Inc. has a 12 month low of $70.88 and a 12 month high of $110.64. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.16 and a quick ratio of 2.69. The stock has a market capitalization of $3,220.13, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 2.03 and a beta of 1.27.

Dycom Industries (NYSE:DY) last issued its quarterly earnings results on Monday, November 20th. The construction company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.09. Dycom Industries had a return on equity of 22.49% and a net margin of 4.46%. The firm had revenue of $756.20 million for the quarter, compared to analysts’ expectations of $729.35 million. During the same quarter in the prior year, the firm earned $1.67 EPS. The business’s revenue for the quarter was down 5.4% compared to the same quarter last year. equities research analysts expect that Dycom Industries, Inc. will post 4.16 earnings per share for the current fiscal year.

A number of research analysts have issued reports on DY shares. KeyCorp upgraded Dycom Industries from a “sector weight” rating to an “overweight” rating and set a $87.00 price objective for the company in a research note on Wednesday, August 30th. Craig Hallum restated a “buy” rating and issued a $90.00 price objective (down previously from $115.00) on shares of Dycom Industries in a research note on Thursday, August 31st. They noted that the move was a valuation call. FBR & Co upped their price objective on Dycom Industries from $98.00 to $112.00 and gave the company a “buy” rating in a research note on Wednesday, August 30th. Canaccord Genuity reduced their price objective on Dycom Industries from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. Finally, Deutsche Bank AG started coverage on Dycom Industries in a research note on Tuesday, September 26th. They issued a “buy” rating and a $103.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. Dycom Industries currently has an average rating of “Buy” and an average target price of $109.40.

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Dycom Industries Profile

Dycom Industries, Inc is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Institutional Ownership by Quarter for Dycom Industries (NYSE:DY)

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