NWPX Infrastructure, Inc. (NASDAQ:NWPX) Shares Sold by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ trimmed its stake in shares of NWPX Infrastructure, Inc. (NASDAQ:NWPX) by 6.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,610 shares of the industrial products company’s stock after selling 400 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in NWPX Infrastructure were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in NWPX. New York State Teachers Retirement System acquired a new stake in shares of NWPX Infrastructure in the 1st quarter valued at approximately $37,000. SG Americas Securities LLC lifted its holdings in shares of NWPX Infrastructure by 54.3% in the 1st quarter. SG Americas Securities LLC now owns 7,571 shares of the industrial products company’s stock valued at $313,000 after buying an additional 2,663 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of NWPX Infrastructure by 9.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,875 shares of the industrial products company’s stock valued at $2,225,000 after buying an additional 4,509 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of NWPX Infrastructure by 198.1% in the 4th quarter. Renaissance Technologies LLC now owns 32,200 shares of the industrial products company’s stock valued at $1,554,000 after buying an additional 21,400 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in shares of NWPX Infrastructure by 27.4% in the 4th quarter. Two Sigma Investments LP now owns 35,297 shares of the industrial products company’s stock valued at $1,703,000 after buying an additional 7,593 shares during the period. 80.63% of the stock is owned by institutional investors and hedge funds.

NWPX Infrastructure Stock Up 0.9%

NWPX opened at $43.50 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.02 and a quick ratio of 2.76. The business has a 50 day simple moving average of $40.66 and a 200-day simple moving average of $42.94. The stock has a market capitalization of $429.78 million, a P/E ratio of 13.30, a P/E/G ratio of 2.93 and a beta of 0.91. NWPX Infrastructure, Inc. has a 12 month low of $35.86 and a 12 month high of $57.76.

NWPX Infrastructure (NASDAQ:NWPX) last posted its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.14). The business had revenue of $116.12 million during the quarter, compared to analyst estimates of $111.92 million. NWPX Infrastructure had a net margin of 6.65% and a return on equity of 8.99%. On average, equities analysts anticipate that NWPX Infrastructure, Inc. will post 3.32 earnings per share for the current fiscal year.

NWPX Infrastructure Company Profile

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.