EAM Investors LLC Has $5.60 Million Holdings in Sterling Infrastructure, Inc. (NASDAQ:STRL)

EAM Investors LLC trimmed its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 11.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,239 shares of the construction company's stock after selling 4,511 shares during the quarter. Sterling Infrastructure makes up 0.8% of EAM Investors LLC's holdings, making the stock its 17th largest position. EAM Investors LLC owned about 0.11% of Sterling Infrastructure worth $5,599,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Sterling Infrastructure in the 4th quarter valued at $39,000. Huntington National Bank grew its stake in shares of Sterling Infrastructure by 34.6% in the fourth quarter. Huntington National Bank now owns 288 shares of the construction company's stock valued at $49,000 after acquiring an additional 74 shares in the last quarter. National Bank of Canada FI acquired a new stake in Sterling Infrastructure in the 4th quarter worth about $56,000. Arcadia Investment Management Corp MI bought a new stake in Sterling Infrastructure in the 4th quarter valued at about $71,000. Finally, Venturi Wealth Management LLC grew its position in shares of Sterling Infrastructure by 1,369.0% during the 4th quarter. Venturi Wealth Management LLC now owns 617 shares of the construction company's stock worth $104,000 after purchasing an additional 575 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Sterling Infrastructure Price Performance

Sterling Infrastructure stock traded down $7.91 during midday trading on Monday, reaching $132.36. The company's stock had a trading volume of 346,593 shares, compared to its average volume of 479,246. The stock has a market cap of $4.03 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 1.28 and a beta of 1.19. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.41. Sterling Infrastructure, Inc. has a 52 week low of $93.50 and a 52 week high of $206.07. The business has a 50-day moving average price of $124.01 and a 200-day moving average price of $154.61.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on STRL shares. DA Davidson upgraded Sterling Infrastructure from a "neutral" rating to a "buy" rating and set a $185.00 price target for the company in a research note on Thursday, February 27th. StockNews.com downgraded Sterling Infrastructure from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. Finally, William Blair assumed coverage on shares of Sterling Infrastructure in a research note on Friday, January 17th. They set an "outperform" rating on the stock.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.