Captrust Financial Advisors Purchases New Position in Everus (NYSE:ECG)

Captrust Financial Advisors acquired a new stake in Everus (NYSE:ECG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 52,720 shares of the company's stock, valued at approximately $3,466,000. Captrust Financial Advisors owned 0.10% of Everus at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ECG. SRS Capital Advisors Inc. purchased a new stake in shares of Everus during the 4th quarter valued at about $26,000. Principal Securities Inc. purchased a new stake in shares of Everus during the fourth quarter valued at approximately $27,000. HighMark Wealth Management LLC acquired a new position in shares of Everus during the fourth quarter worth $28,000. Crews Bank & Trust purchased a new position in shares of Everus in the fourth quarter valued at $29,000. Finally, Mendota Financial Group LLC acquired a new stake in Everus during the 4th quarter valued at $36,000.

Everus Stock Down 0.5 %

ECG opened at $48.02 on Friday. Everus has a 12-month low of $31.38 and a 12-month high of $77.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. The company has a fifty day moving average of $39.31.

Everus (NYSE:ECG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.06). As a group, research analysts predict that Everus will post 2.49 EPS for the current year.

Insider Activity at Everus

In related news, Director Edward A. Ryan acquired 1,400 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was purchased at an average cost of $38.02 per share, for a total transaction of $53,228.00. Following the purchase, the director now directly owns 14,928 shares in the company, valued at $567,562.56. This represents a 10.35 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Rocca Michael Della bought 1,050 shares of the business's stock in a transaction on Tuesday, February 18th. The stock was bought at an average price of $47.56 per share, for a total transaction of $49,938.00. Following the completion of the purchase, the director now directly owns 2,027 shares of the company's stock, valued at $96,404.12. The trade was a 107.47 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 3,750 shares of company stock valued at $153,853. Corporate insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their price objective on shares of Everus from $67.00 to $55.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th.

About Everus

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.

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