D. E. Shaw & Co. Inc. Has $1.06 Million Stock Position in NV5 Global, Inc. (NASDAQ:NVEE)

D. E. Shaw & Co. Inc. lifted its stake in NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 180.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,082 shares of the business services provider's stock after acquiring an additional 36,051 shares during the period. D. E. Shaw & Co. Inc. owned 0.09% of NV5 Global worth $1,057,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. BNP Paribas increased its stake in shares of NV5 Global by 300.0% in the fourth quarter. BNP Paribas now owns 1,400 shares of the business services provider's stock worth $26,000 after purchasing an additional 1,050 shares during the period. Sterling Capital Management LLC grew its holdings in NV5 Global by 3,320.5% in the 4th quarter. Sterling Capital Management LLC now owns 1,505 shares of the business services provider's stock valued at $28,000 after buying an additional 1,461 shares during the last quarter. Blue Trust Inc. grew its holdings in NV5 Global by 287.7% in the 4th quarter. Blue Trust Inc. now owns 2,512 shares of the business services provider's stock valued at $47,000 after buying an additional 1,864 shares during the last quarter. SRS Capital Advisors Inc. increased its position in NV5 Global by 296.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 3,584 shares of the business services provider's stock worth $68,000 after buying an additional 2,680 shares during the period. Finally, KBC Group NV lifted its holdings in shares of NV5 Global by 527.5% during the fourth quarter. KBC Group NV now owns 4,223 shares of the business services provider's stock worth $80,000 after buying an additional 3,550 shares during the last quarter. 75.54% of the stock is owned by institutional investors.

NV5 Global Stock Performance

NV5 Global stock traded down $0.03 on Thursday, hitting $22.27. The company's stock had a trading volume of 420,686 shares, compared to its average volume of 466,410. NV5 Global, Inc. has a one year low of $14.75 and a one year high of $26.14. The firm has a market cap of $1.46 billion, a P/E ratio of 45.22, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average price of $18.67 and a 200-day moving average price of $19.01.

NV5 Global (NASDAQ:NVEE - Get Free Report) last posted its earnings results on Thursday, May 1st. The business services provider reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). The business had revenue of $123.20 million during the quarter, compared to the consensus estimate of $229.89 million. NV5 Global had a net margin of 3.25% and a return on equity of 9.34%. On average, equities analysts anticipate that NV5 Global, Inc. will post 1.26 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. William Blair restated a "market perform" rating on shares of NV5 Global in a research note on Thursday, May 15th. Sidoti upgraded shares of NV5 Global to a "hold" rating in a research report on Friday, May 16th. Lake Street Capital lowered shares of NV5 Global from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th. Wall Street Zen downgraded NV5 Global from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Finally, Roth Mkm boosted their price target on NV5 Global from $27.00 to $28.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $25.67.

NV5 Global Company Profile

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.