NV5 Global, Inc. (NASDAQ:NVEE) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 289.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,383 shares of the business services provider's stock after purchasing an additional 87,224 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.18% of NV5 Global worth $2,211,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NVEE. Voloridge Investment Management LLC acquired a new stake in shares of NV5 Global in the fourth quarter worth approximately $3,364,000. Squarepoint Ops LLC raised its holdings in shares of NV5 Global by 349.9% in the 4th quarter. Squarepoint Ops LLC now owns 148,148 shares of the business services provider's stock valued at $2,791,000 after buying an additional 115,219 shares during the period. Two Sigma Advisers LP raised its holdings in shares of NV5 Global by 1,727.0% in the 4th quarter. Two Sigma Advisers LP now owns 67,600 shares of the business services provider's stock valued at $1,274,000 after buying an additional 63,900 shares during the period. Two Sigma Investments LP raised its holdings in shares of NV5 Global by 527.8% in the 4th quarter. Two Sigma Investments LP now owns 187,229 shares of the business services provider's stock valued at $3,527,000 after buying an additional 157,406 shares during the period. Finally, State of Wyoming raised its holdings in shares of NV5 Global by 200.5% in the 4th quarter. State of Wyoming now owns 7,764 shares of the business services provider's stock valued at $146,000 after buying an additional 5,180 shares during the period. 75.54% of the stock is owned by institutional investors and hedge funds.

NV5 Global Price Performance

NASDAQ NVEE traded up $0.08 during mid-day trading on Friday, hitting $22.22. The stock had a trading volume of 514,119 shares, compared to its average volume of 475,937. NV5 Global, Inc. has a 52-week low of $14.75 and a 52-week high of $26.14. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 45.12, a P/E/G ratio of 2.63 and a beta of 1.14. The company has a 50 day simple moving average of $19.01 and a 200 day simple moving average of $18.98. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30.

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

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded NV5 Global from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th. Sidoti raised NV5 Global to a "hold" rating in a research report on Friday, May 16th. William Blair reissued a "market perform" rating on shares of NV5 Global in a research report on Thursday, May 15th. Roth Mkm upped their price objective on NV5 Global from $27.00 to $28.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Maxim Group cut their target price on NV5 Global from $29.00 to $24.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $25.67.

About NV5 Global

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.