NV5 Global, Inc. (NASDAQ:NVEE) Holdings Lifted by Bernzott Capital Advisors

Bernzott Capital Advisors lifted its holdings in NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 98.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 391,649 shares of the business services provider's stock after purchasing an additional 194,139 shares during the quarter. NV5 Global comprises 3.7% of Bernzott Capital Advisors' holdings, making the stock its 5th biggest position. Bernzott Capital Advisors owned approximately 0.60% of NV5 Global worth $7,547,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of NVEE. Swiss National Bank boosted its holdings in shares of NV5 Global by 306.0% in the 4th quarter. Swiss National Bank now owns 115,300 shares of the business services provider's stock valued at $2,172,000 after buying an additional 86,900 shares during the last quarter. Bank of New York Mellon Corp raised its stake in NV5 Global by 26.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,913,231 shares of the business services provider's stock valued at $36,868,000 after acquiring an additional 402,506 shares during the period. GAMMA Investing LLC raised its stake in NV5 Global by 9,916.7% in the 1st quarter. GAMMA Investing LLC now owns 3,005 shares of the business services provider's stock valued at $58,000 after acquiring an additional 2,975 shares during the period. Janney Montgomery Scott LLC raised its stake 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 valued at $288,000 after acquiring an additional 1,203 shares during the period. Finally, SG Americas Securities LLC raised its stake in NV5 Global by 95.5% in the 1st quarter. SG Americas Securities LLC now owns 24,365 shares of the business services provider's stock valued at $470,000 after acquiring an additional 11,899 shares during the period. Institutional investors and hedge funds own 75.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Maxim Group reissued a "hold" rating on shares of NV5 Global in a report on Thursday, July 3rd. Lake Street Capital downgraded NV5 Global from a "buy" rating to a "hold" rating in a report on Thursday, May 15th. Wall Street Zen cut NV5 Global from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th. William Blair reaffirmed a "market perform" rating on shares of NV5 Global in a research report on Thursday, May 15th. Finally, Sidoti raised NV5 Global to a "hold" rating in a research report on Friday, May 16th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $25.67.

NV5 Global Trading Up 0.2%

NV5 Global stock traded up $0.05 during mid-day trading on Monday, hitting $22.96. The company's stock had a trading volume of 66,706 shares, compared to its average volume of 540,262. 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 company has a 50 day moving average of $22.47 and a 200-day moving average of $19.53. The stock has a market cap of $1.54 billion, a PE ratio of 46.38, a P/E/G ratio of 1.45 and a beta of 1.13. NV5 Global, Inc. has a one year low of $14.75 and a one year high of $26.14.

NV5 Global (NASDAQ:NVEE - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.03). NV5 Global had a return on equity of 9.12% and a net margin of 3.19%. The company had revenue of $123.20 million for the quarter, compared to analyst estimates of $229.89 million. On average, research analysts anticipate that NV5 Global, Inc. will post 1.26 EPS for the current year.

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.