Universal Beteiligungs und Servicegesellschaft mbH Purchases 5,780 Shares of EMCOR Group, Inc. (NYSE:EME)

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,976 shares of the construction company's stock after acquiring an additional 5,780 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of EMCOR Group worth $18,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Trust Co. NA boosted its position in shares of EMCOR Group by 28.6% during the first quarter. Private Trust Co. NA now owns 279 shares of the construction company's stock worth $103,000 after buying an additional 62 shares during the period. Janney Montgomery Scott LLC raised its stake in EMCOR Group by 20.8% in the first quarter. Janney Montgomery Scott LLC now owns 19,796 shares of the construction company's stock valued at $7,317,000 after buying an additional 3,407 shares during the period. Redwood Investment Management LLC bought a new stake in EMCOR Group in the fourth quarter valued at approximately $1,417,000. Cambridge Investment Research Advisors Inc. raised its stake in EMCOR Group by 146.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,700 shares of the construction company's stock valued at $3,955,000 after buying an additional 6,361 shares during the period. Finally, Fifth Third Bancorp grew its position in shares of EMCOR Group by 17.5% in the first quarter. Fifth Third Bancorp now owns 844 shares of the construction company's stock valued at $312,000 after purchasing an additional 126 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other EMCOR Group news, CEO Anthony Guzzi sold 7,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $436.03, for a total value of $3,052,210.00. Following the sale, the chief executive officer owned 208,989 shares of the company's stock, valued at approximately $91,125,473.67. This trade represents a 3.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robin A. Walker-Lee sold 947 shares of the firm's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $412.83, for a total value of $390,950.01. Following the completion of the sale, the director directly owned 7,094 shares in the company, valued at approximately $2,928,616.02. This represents a 11.78% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Analyst Upgrades and Downgrades

EME has been the topic of several research reports. Stifel Nicolaus upped their target price on EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Jefferies Financial Group initiated coverage on EMCOR Group in a research report on Friday, June 27th. They issued a "buy" rating on the stock. UBS Group upped their target price on EMCOR Group from $570.00 to $715.00 and gave the company a "buy" rating in a research report on Friday. William Blair began coverage on EMCOR Group in a research report on Friday, June 27th. They set an "outperform" rating on the stock. Finally, Robert W. Baird began coverage on EMCOR Group in a research report on Friday, June 27th. They set an "outperform" rating and a $560.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $581.40.

EMCOR Group Price Performance

NYSE:EME traded down $6.06 during trading hours on Monday, reaching $629.01. 128,018 shares of the company were exchanged, compared to its average volume of 494,023. The company has a market capitalization of $28.15 billion, a P/E ratio of 27.80 and a beta of 1.24. EMCOR Group, Inc. has a 1-year low of $319.49 and a 1-year high of $641.96. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.16 and a quick ratio of 1.14. The business has a 50 day moving average of $511.12 and a 200 day moving average of $451.54.

EMCOR Group (NYSE:EME - Get Free Report) last issued its earnings results on Wednesday, April 30th. The construction company reported $5.41 earnings per share for the quarter, beating analysts' consensus estimates of $4.57 by $0.84. The firm had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.78 billion. EMCOR Group had a return on equity of 37.12% and a net margin of 7.00%. The company's revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $4.17 EPS. Research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date of this dividend is Tuesday, July 15th. EMCOR Group's dividend payout ratio is presently 4.42%.

About EMCOR Group

EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.