Boston Partners Raises Stake in NWPX Infrastructure, Inc. $NWPX

Boston Partners boosted its holdings in shares of NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) by 164.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,789 shares of the industrial products company's stock after purchasing an additional 8,576 shares during the period. Boston Partners owned about 0.14% of NWPX Infrastructure worth $569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NWPX. Russell Investments Group Ltd. lifted its position in NWPX Infrastructure by 258.7% during the first quarter. Russell Investments Group Ltd. now owns 96,863 shares of the industrial products company's stock valued at $4,000,000 after purchasing an additional 69,856 shares during the period. Millennium Management LLC lifted its position in NWPX Infrastructure by 73.4% during the fourth quarter. Millennium Management LLC now owns 116,792 shares of the industrial products company's stock valued at $5,636,000 after purchasing an additional 49,446 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in 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 purchasing an additional 43,659 shares during the period. Invesco Ltd. lifted its position in NWPX Infrastructure by 49.4% during the first quarter. Invesco Ltd. now owns 110,861 shares of the industrial products company's stock valued at $4,579,000 after purchasing an additional 36,643 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of NWPX Infrastructure by 3,930.5% in the first quarter. GAMMA Investing LLC now owns 31,801 shares of the industrial products company's stock worth $1,313,000 after acquiring an additional 31,012 shares during the period. 80.63% of the stock is currently owned by institutional investors and hedge funds.

NWPX Infrastructure Price Performance

Shares of NWPX traded up $1.86 during mid-day trading on Friday, hitting $52.73. 44,579 shares of the company were exchanged, compared to its average volume of 70,099. NWPX Infrastructure, Inc. has a 1-year low of $36.97 and a 1-year high of $57.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.81 and a current ratio of 3.95. The company has a 50 day moving average of $43.25 and a 200-day moving average of $42.81. The stock has a market cap of $508.84 million, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 1.50 and a beta of 0.93.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.19. NWPX Infrastructure had a net margin of 6.69% and a return on equity of 8.93%. The company had revenue of $133.18 million during the quarter, compared to analysts' expectations of $120.93 million. Analysts expect that NWPX Infrastructure, Inc. will post 3.32 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, DA Davidson set a $60.00 price objective on shares of NWPX Infrastructure in a research report on Monday, August 11th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, NWPX Infrastructure has a consensus rating of "Hold" and an average target price of $57.50.

Insider Buying and Selling at NWPX Infrastructure

In other news, VP Megan A. Kendrick sold 3,500 shares of the stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $50.00, for a total value of $175,000.00. Following the completion of the sale, the vice president owned 10,560 shares of the company's stock, valued at $528,000. This represents a 24.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.20% of the stock is currently owned by company insiders.

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.