Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Stake Increased by Keybank National Association OH

Keybank National Association OH increased its stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 14.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 29,085 shares of the company’s stock after acquiring an additional 3,705 shares during the quarter. Keybank National Association OH’s holdings in Concrete Pumping were worth $194,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Jennison Associates LLC increased its stake in shares of Concrete Pumping by 10.8% in the fourth quarter. Jennison Associates LLC now owns 1,722,754 shares of the company’s stock worth $11,474,000 after buying an additional 167,262 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in Concrete Pumping by 4.3% in the third quarter. Diamond Hill Capital Management Inc. now owns 1,095,124 shares of the company’s stock worth $6,341,000 after purchasing an additional 45,479 shares during the period. Mill Road Capital Management LLC boosted its holdings in 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 worth $6,198,000 after purchasing an additional 526,379 shares during the period. Geode Capital Management LLC boosted its holdings in Concrete Pumping by 1.1% in the third quarter. Geode Capital Management LLC now owns 564,751 shares of the company’s stock worth $3,270,000 after purchasing an additional 6,025 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Concrete Pumping in the third quarter worth $2,933,000. Institutional investors own 34.20% of the company’s stock.

Concrete Pumping Stock Performance

Concrete Pumping stock opened at $6.04 on Wednesday. The company has a market cap of $320.14 million, a PE ratio of 23.23 and a beta of 1.25. The company has a fifty day moving average price of $7.39 and a two-hundred day moving average price of $6.55. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.99 and a quick ratio of 1.89. Concrete Pumping Holdings, Inc. has a 12 month low of $5.05 and a 12 month high of $9.68.

Concrete Pumping (NASDAQ:BBCP) last released its quarterly earnings data 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%. Research analysts expect that Concrete Pumping Holdings, Inc. will post 0.43 earnings per share for the current year.

Concrete Pumping Announces Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 24th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, January 24th.

Concrete Pumping Company Profile

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.