Cary Street Partners Financial LLC bought a new position in shares of Matrix Service Company (NASDAQ:MTRX - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 73,531 shares of the company's stock, valued at approximately $914,000. Cary Street Partners Financial LLC owned approximately 0.27% of Matrix Service at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in MTRX. New York State Teachers Retirement System bought a new position in shares of Matrix Service in the 1st quarter valued at about $30,000. Bank of New York Mellon Corp grew its holdings in shares of Matrix Service by 244.6% in the 1st quarter. Bank of New York Mellon Corp now owns 403,385 shares of the company's stock valued at $5,014,000 after acquiring an additional 286,326 shares in the last quarter. CenterBook Partners LP bought a new position in shares of Matrix Service in the 4th quarter valued at about $722,000. Russell Investments Group Ltd. grew its holdings in shares of Matrix Service by 21.6% in the 4th quarter. Russell Investments Group Ltd. now owns 245,828 shares of the company's stock valued at $2,943,000 after acquiring an additional 43,612 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in Matrix Service by 14.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 155,437 shares of the company's stock valued at $1,861,000 after purchasing an additional 19,923 shares during the last quarter. Institutional investors own 78.38% of the company's stock.
Matrix Service Stock Performance
NASDAQ:MTRX traded up $0.58 during mid-day trading on Tuesday, hitting $15.24. The stock had a trading volume of 34,135 shares, compared to its average volume of 196,932. Matrix Service Company has a twelve month low of $8.99 and a twelve month high of $16.10. The stock has a market cap of $420.78 million, a price-to-earnings ratio of -18.83, a PEG ratio of 1.49 and a beta of 1.12. The company's 50 day simple moving average is $13.74 and its 200 day simple moving average is $12.95.
Matrix Service Profile
(
Free Report)
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.
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