Russell Investments Group Ltd. Has $3.92 Million Position in Matrix Service Company $MTRX

Russell Investments Group Ltd. increased its position in Matrix Service Company (NASDAQ:MTRX) by 28.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 315,273 shares of the company’s stock after buying an additional 69,445 shares during the quarter. Russell Investments Group Ltd.’s holdings in Matrix Service were worth $3,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Teachers Retirement System bought a new stake in Matrix Service in the first quarter valued at approximately $30,000. Informed Momentum Co LLC bought a new stake in Matrix Service in the first quarter valued at approximately $824,000. Bank of New York Mellon Corp boosted its holdings in Matrix Service by 244.6% in the first quarter. Bank of New York Mellon Corp now owns 403,385 shares of the company’s stock valued at $5,014,000 after acquiring an additional 286,326 shares during the last quarter. CenterBook Partners LP boosted its holdings in Matrix Service by 789.6% in the first quarter. CenterBook Partners LP now owns 536,447 shares of the company’s stock valued at $6,668,000 after acquiring an additional 476,148 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in Matrix Service in the first quarter valued at approximately $914,000. Institutional investors and hedge funds own 78.38% of the company’s stock.

Matrix Service Price Performance

Shares of MTRX stock opened at $15.36 on Friday. The business’s 50 day simple moving average is $14.20 and its 200 day simple moving average is $13.03. Matrix Service Company has a one year low of $9.14 and a one year high of $16.10. The stock has a market capitalization of $424.09 million, a PE ratio of -18.96, a PEG ratio of 1.49 and a beta of 1.12.

Matrix Service Company Profile

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.