14,475 Shares in Centuri Holdings, Inc. (NYSE:CTRI) Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in Centuri Holdings, Inc. (NYSE:CTRI) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 14,475 shares of the company’s stock, valued at approximately $280,000.

Several other institutional investors also recently made changes to their positions in CTRI. Rhumbline Advisers increased its holdings in shares of Centuri by 5.7% in the 4th quarter. Rhumbline Advisers now owns 18,485 shares of the company’s stock valued at $357,000 after purchasing an additional 1,000 shares in the last quarter. R Squared Ltd purchased a new position in Centuri in the fourth quarter valued at about $26,000. BNP Paribas Financial Markets increased its holdings in Centuri by 39.3% in the third quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company’s stock valued at $110,000 after buying an additional 1,927 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Centuri by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 32,048 shares of the company’s stock valued at $619,000 after acquiring an additional 3,428 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Centuri by 3.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 111,364 shares of the company’s stock worth $1,799,000 after acquiring an additional 3,818 shares in the last quarter.

Centuri Trading Up 0.5 %

Shares of Centuri stock opened at $16.57 on Friday. Centuri Holdings, Inc. has a 1 year low of $14.47 and a 1 year high of $28.65. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.64 and a quick ratio of 1.64. The business has a 50 day moving average price of $19.14 and a 200 day moving average price of $19.13. The company has a market capitalization of $1.47 billion and a P/E ratio of -0.07.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Robert W. Baird dropped their price objective on Centuri from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised their price target on Centuri from $17.00 to $19.00 and gave the company an “underweight” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.00.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.