Allworth Financial LP Acquires 6,778 Shares of NWPX Infrastructure, Inc. (NASDAQ:NWPX)

Allworth Financial LP lifted its holdings in NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) by 45.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,734 shares of the industrial products company's stock after buying an additional 6,778 shares during the quarter. Allworth Financial LP owned about 0.22% of NWPX Infrastructure worth $918,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. New York State Teachers Retirement System acquired a new position in shares of NWPX Infrastructure during the 1st quarter worth about $37,000. SG Americas Securities LLC grew its position in shares of NWPX Infrastructure by 54.3% during the 1st quarter. SG Americas Securities LLC now owns 7,571 shares of the industrial products company's stock worth $313,000 after buying an additional 2,663 shares during the period. Assenagon Asset Management S.A. grew its position in shares of NWPX Infrastructure by 9.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 53,875 shares of the industrial products company's stock worth $2,225,000 after buying an additional 4,509 shares during the period. Renaissance Technologies LLC grew its position in shares of NWPX Infrastructure by 198.1% during the 4th quarter. Renaissance Technologies LLC now owns 32,200 shares of the industrial products company's stock worth $1,554,000 after buying an additional 21,400 shares during the period. Finally, AlphaQuest LLC acquired a new position in shares of NWPX Infrastructure during the 4th quarter worth about $31,000. 80.63% of the stock is owned by institutional investors.

NWPX Infrastructure Price Performance

NWPX Infrastructure stock opened at $42.12 on Monday. The firm has a market capitalization of $416.15 million, a P/E ratio of 12.88, a PEG ratio of 2.86 and a beta of 0.91. NWPX Infrastructure, Inc. has a 1 year low of $35.37 and a 1 year high of $57.76. The business has a 50-day moving average of $40.06 and a 200-day moving average of $43.39. The company has a current ratio of 4.02, a quick ratio of 2.76 and a debt-to-equity ratio of 0.10.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.14). NWPX Infrastructure had a net margin of 6.65% and a return on equity of 8.99%. The business had revenue of $116.12 million during the quarter, compared to analyst estimates of $111.92 million. On average, equities analysts anticipate that NWPX Infrastructure, Inc. will post 3.32 EPS for the current year.

NWPX Infrastructure Profile

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.

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