Heck Capital Advisors LLC Makes New $49,000 Investment in Orion Group Holdings, Inc. (NYSE:ORN)

Heck Capital Advisors LLC bought a new stake in Orion Group Holdings, Inc. (NYSE:ORN) in the fourth quarter, Holdings Channel reports. The institutional investor bought 6,700 shares of the construction company’s stock, valued at approximately $49,000.

Other hedge funds have also made changes to their positions in the company. Intech Investment Management LLC purchased a new stake in Orion Group during the 3rd quarter valued at approximately $63,000. SG Americas Securities LLC acquired a new position in shares of Orion Group in the third quarter valued at approximately $67,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Orion Group by 1,936.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,428 shares of the construction company’s stock worth $69,000 after purchasing an additional 8,965 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of Orion Group during the second quarter worth $115,000. Finally, Quantbot Technologies LP purchased a new position in Orion Group in the 3rd quarter valued at $120,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. StockNews.com upgraded shares of Orion Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. DA Davidson began coverage on shares of Orion Group in a report on Friday, January 17th. They set a “buy” rating and a $11.00 price target for the company.

Orion Group Price Performance

Orion Group stock opened at $7.89 on Monday. The company has a market cap of $306.84 million, a P/E ratio of -19.72, a price-to-earnings-growth ratio of 1.14 and a beta of 0.94. Orion Group Holdings, Inc. has a one year low of $5.23 and a one year high of $12.12. The business has a fifty day moving average of $7.92 and a two-hundred day moving average of $7.35. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35.

About Orion Group

Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.