CenterBook Partners LP acquired a new stake in shares of NV5 Global, Inc. (NASDAQ:NVEE - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 58,028 shares of the business services provider's stock, valued at approximately $1,118,000. CenterBook Partners LP owned 0.09% of NV5 Global as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. US Bancorp DE lifted its holdings in NV5 Global by 4.2% in the 1st quarter. US Bancorp DE now owns 14,255 shares of the business services provider's stock worth $275,000 after buying an additional 576 shares in the last quarter. Heritage Family Offices LLP raised its stake in shares of NV5 Global by 6.8% in the 1st quarter. Heritage Family Offices LLP now owns 11,090 shares of the business services provider's stock valued at $214,000 after purchasing an additional 706 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its holdings in NV5 Global by 1.6% in the first quarter. Linden Thomas Advisory Services LLC now owns 50,964 shares of the business services provider's stock worth $982,000 after acquiring an additional 795 shares during the last quarter. BNP Paribas boosted its stake in NV5 Global by 300.0% in the fourth quarter. BNP Paribas now owns 1,400 shares of the business services provider's stock valued at $26,000 after acquiring an additional 1,050 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in NV5 Global by 8.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,953 shares of the business services provider's stock worth $288,000 after purchasing an additional 1,203 shares during the last quarter. 75.54% of the stock is owned by hedge funds and other institutional investors.
NV5 Global Price Performance
Shares of NASDAQ NVEE traded down $0.15 during trading on Friday, reaching $22.91. The company had a trading volume of 692,584 shares, compared to its average volume of 542,134. NV5 Global, Inc. has a 52 week low of $14.75 and a 52 week high of $26.14. The stock has a market cap of $1.54 billion, a PE ratio of 46.28, a PEG ratio of 1.45 and a beta of 1.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.86 and a current ratio of 1.86. The business's 50 day moving average price is $22.47 and its 200-day moving average price is $19.53.
NV5 Global (NASDAQ:NVEE - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). The firm had revenue of $123.20 million for the quarter, compared to analyst estimates of $229.89 million. NV5 Global had a net margin of 3.19% and a return on equity of 9.12%. Analysts expect that NV5 Global, Inc. will post 1.26 earnings per share for the current year.
Analysts Set New Price Targets
Several equities research analysts recently commented on the stock. Maxim Group restated a "hold" rating on shares of NV5 Global in a research report on Thursday, July 3rd. Lake Street Capital lowered shares of NV5 Global from a "buy" rating to a "hold" rating in a research note on Thursday, May 15th. Wall Street Zen lowered shares of NV5 Global from a "buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Sidoti upgraded shares of NV5 Global to a "hold" rating in a research note on Friday, May 16th. Finally, William Blair reiterated a "market perform" rating on shares of NV5 Global in a research note on Thursday, May 15th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $25.67.
Check Out Our Latest Stock Report on NVEE
NV5 Global Company Profile
(
Free Report)
NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.
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