WINTON GROUP Ltd Has $320,000 Stock Holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP)

WINTON GROUP Ltd raised its holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 360.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,074 shares of the company’s stock after buying an additional 37,640 shares during the quarter. WINTON GROUP Ltd’s holdings in Concrete Pumping were worth $320,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Mill Road Capital Management LLC boosted its position in shares of Concrete Pumping by 96.8% in the third quarter. Mill Road Capital Management LLC now owns 1,070,405 shares of the company’s stock valued at $6,198,000 after acquiring an additional 526,379 shares during the period. Hotchkis & Wiley Capital Management LLC bought a new stake in Concrete Pumping in the 3rd quarter valued at $2,933,000. Royce & Associates LP boosted its holdings in Concrete Pumping by 13.9% in the 4th quarter. Royce & Associates LP now owns 1,448,577 shares of the company’s stock valued at $9,648,000 after purchasing an additional 176,490 shares during the period. First Eagle Investment Management LLC acquired a new stake in Concrete Pumping in the 4th quarter worth $1,170,000. Finally, Jennison Associates LLC increased its holdings in shares of Concrete Pumping by 10.8% during the 4th quarter. Jennison Associates LLC now owns 1,722,754 shares of the company’s stock worth $11,474,000 after purchasing an additional 167,262 shares during the period. 34.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BBCP shares. DA Davidson reduced their target price on shares of Concrete Pumping from $9.50 to $9.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. Robert W. Baird reduced their price objective on Concrete Pumping from $7.00 to $6.50 and set a “neutral” rating for the company in a research report on Wednesday, March 12th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $7.44.

Insiders Place Their Bets

In other news, CEO Bruce F. Young bought 49,507 shares of the stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of $5.19 per share, with a total value of $256,941.33. Following the acquisition, the chief executive officer now owns 1,722,622 shares in the company, valued at $8,940,408.18. This trade represents a 2.96 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 26.60% of the company’s stock.

Concrete Pumping Price Performance

NASDAQ:BBCP opened at $5.36 on Monday. The company has a market capitalization of $284.35 million, a price-to-earnings ratio of 20.62 and a beta of 1.25. The company has a 50-day moving average of $6.90 and a 200-day moving average of $6.51. Concrete Pumping Holdings, Inc. has a 52 week low of $4.78 and a 52 week high of $9.68. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.89 and a current ratio of 1.99.

Concrete Pumping (NASDAQ:BBCP) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%. As a group, equities research analysts anticipate that Concrete Pumping Holdings, Inc. will post 0.43 earnings per share for the current fiscal year.

Concrete Pumping Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 24th were given a $1.00 dividend. The ex-dividend date was Friday, January 24th.

About Concrete Pumping

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.