Brevan Howard Capital Management LP Takes $296,000 Position in NV5 Global, Inc. (NASDAQ:NVEE)

Brevan Howard Capital Management LP bought a new stake in shares of NV5 Global, Inc. (NASDAQ:NVEE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,696 shares of the business services provider's stock, valued at approximately $296,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas increased its stake in shares of NV5 Global by 300.0% during the 4th quarter. BNP Paribas now owns 1,400 shares of the business services provider's stock worth $26,000 after purchasing an additional 1,050 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in NV5 Global by 3,320.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,505 shares of the business services provider's stock valued at $28,000 after purchasing an additional 1,461 shares during the last quarter. Blue Trust Inc. lifted its holdings in NV5 Global by 287.7% during the 4th quarter. Blue Trust Inc. now owns 2,512 shares of the business services provider's stock valued at $47,000 after purchasing an additional 1,864 shares during the last quarter. JPMorgan Chase & Co. increased its position in NV5 Global by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,944 shares of the business services provider's stock valued at $5,884,000 after acquiring an additional 2,483 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its stake in shares of NV5 Global by 296.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 3,584 shares of the business services provider's stock worth $68,000 after acquiring an additional 2,680 shares during the last quarter. 75.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NVEE has been the subject of a number of recent research reports. Roth Mkm boosted their price target on shares of NV5 Global from $27.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. William Blair restated a "market perform" rating on shares of NV5 Global in a report on Thursday. Maxim Group reduced their target price on shares of NV5 Global from $29.00 to $24.00 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, StockNews.com lowered shares of NV5 Global from a "buy" rating to a "hold" rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $25.67.

NV5 Global Trading Down 0.6%

Shares of NASDAQ:NVEE traded down $0.14 during mid-day trading on Friday, hitting $22.05. The company had a trading volume of 1,649,109 shares, compared to its average volume of 455,472. The company has a market capitalization of $1.45 billion, a PE ratio of 44.77, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08. The firm has a fifty day moving average price of $17.98 and a 200 day moving average price of $19.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.05 and a quick ratio of 2.05. NV5 Global, Inc. has a one year low of $14.75 and a one year high of $26.14.

NV5 Global (NASDAQ:NVEE - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). NV5 Global had a return on equity of 9.34% and a net margin of 3.25%. The firm had revenue of $123.20 million for the quarter, compared to analysts' expectations of $229.89 million. As a group, research analysts forecast that NV5 Global, Inc. will post 1.26 EPS for the current year.

About NV5 Global

NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.