32,756 Shares in Tutor Perini Co. (NYSE:TPC) Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new stake in Tutor Perini Co. (NYSE:TPC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 32,756 shares of the construction company's stock, valued at approximately $793,000. Aquatic Capital Management LLC owned about 0.06% of Tutor Perini at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Miller Value Partners LLC boosted its stake in Tutor Perini by 38.8% in the fourth quarter. Miller Value Partners LLC now owns 76,040 shares of the construction company's stock valued at $1,840,000 after acquiring an additional 21,240 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Tutor Perini by 15.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 111,873 shares of the construction company's stock worth $2,708,000 after purchasing an additional 14,572 shares during the period. Hsbc Holdings PLC increased its holdings in Tutor Perini by 9.8% in the fourth quarter. Hsbc Holdings PLC now owns 31,031 shares of the construction company's stock valued at $743,000 after purchasing an additional 2,759 shares during the last quarter. Mirova acquired a new position in Tutor Perini in the fourth quarter valued at about $1,359,000. Finally, Covalis Capital LLP bought a new position in Tutor Perini during the fourth quarter worth about $1,666,000. Institutional investors and hedge funds own 65.01% of the company's stock.

Tutor Perini Stock Up 2.9 %

Shares of Tutor Perini stock traded up $0.66 on Tuesday, hitting $23.42. The company had a trading volume of 91,542 shares, compared to its average volume of 524,224. Tutor Perini Co. has a twelve month low of $14.50 and a twelve month high of $34.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a 50-day moving average of $23.09 and a 200-day moving average of $24.78. The firm has a market capitalization of $1.23 billion, a P/E ratio of -9.35 and a beta of 1.62.

Tutor Perini (NYSE:TPC - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The construction company reported ($1.51) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($1.80). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. Tutor Perini had a negative return on equity of 9.56% and a negative net margin of 3.08%. During the same period in the prior year, the company earned ($0.91) earnings per share.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TPC shares. B. Riley upgraded shares of Tutor Perini to a "strong-buy" rating in a research report on Tuesday, March 18th. StockNews.com downgraded Tutor Perini from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th.

Tutor Perini Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.