NWPX Infrastructure, Inc. (NASDAQ:NWPX) Shares Acquired by Allworth Financial LP

Allworth Financial LP increased its holdings in NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) by 45.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,734 shares of the industrial products company's stock after acquiring an additional 6,778 shares during the quarter. Allworth Financial LP owned approximately 0.22% of NWPX Infrastructure worth $918,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NWPX Infrastructure by 5.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,713 shares of the industrial products company's stock valued at $39,029,000 after buying an additional 43,659 shares during the last quarter. Geode Capital Management LLC raised its position in NWPX Infrastructure by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 224,033 shares of the industrial products company's stock worth $10,814,000 after buying an additional 801 shares during the last quarter. American Century Companies Inc. grew its stake in shares of NWPX Infrastructure by 35.9% during the 4th quarter. American Century Companies Inc. now owns 217,479 shares of the industrial products company's stock worth $10,496,000 after purchasing an additional 57,398 shares during the period. Millennium Management LLC grew its stake in shares of NWPX Infrastructure by 73.4% during the 4th quarter. Millennium Management LLC now owns 116,792 shares of the industrial products company's stock worth $5,636,000 after purchasing an additional 49,446 shares during the period. Finally, Northern Trust Corp grew its stake in shares of NWPX Infrastructure by 2.1% during the 4th quarter. Northern Trust Corp now owns 102,317 shares of the industrial products company's stock worth $4,938,000 after purchasing an additional 2,142 shares during the period. 80.63% of the stock is owned by hedge funds and other institutional investors.

NWPX Infrastructure Price Performance

NWPX Infrastructure stock traded up $0.20 during trading on Thursday, reaching $41.28. The company had a trading volume of 53,326 shares, compared to its average volume of 58,621. The firm's 50-day simple moving average is $40.34 and its 200 day simple moving average is $43.26. NWPX Infrastructure, Inc. has a 1-year low of $35.85 and a 1-year high of $57.76. The firm has a market capitalization of $407.85 million, a PE ratio of 12.62, a price-to-earnings-growth ratio of 2.79 and a beta of 0.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.76 and a current ratio of 4.02.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last announced its earnings results 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 return on equity of 8.99% and a net margin of 6.65%. The business had revenue of $116.12 million for the quarter, compared to analyst estimates of $111.92 million. As a group, equities research analysts anticipate that NWPX Infrastructure, Inc. will post 3.32 earnings per share for the current fiscal year.

About NWPX Infrastructure

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.