NV5 Global, Inc. (NASDAQ:NVEE) Shares Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its position in shares of NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 300.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,379 shares of the business services provider's stock after purchasing an additional 94,808 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.19% of NV5 Global worth $2,381,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of NVEE. Vanguard Group Inc. increased its holdings in shares of NV5 Global by 288.4% in the 4th quarter. Vanguard Group Inc. now owns 3,761,947 shares of the business services provider's stock valued at $70,875,000 after acquiring an additional 2,793,280 shares during the period. Cercano Management LLC increased its holdings in shares of NV5 Global by 208.8% in the 4th quarter. Cercano Management LLC now owns 3,925,599 shares of the business services provider's stock valued at $73,958,000 after acquiring an additional 2,654,405 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of NV5 Global by 310.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,514,316 shares of the business services provider's stock valued at $47,370,000 after acquiring an additional 1,901,998 shares during the period. American Century Companies Inc. increased its holdings in shares of NV5 Global by 322.4% in the 4th quarter. American Century Companies Inc. now owns 2,147,358 shares of the business services provider's stock valued at $40,456,000 after acquiring an additional 1,639,014 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of NV5 Global by 1,572.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,510,725 shares of the business services provider's stock valued at $28,462,000 after acquiring an additional 1,420,417 shares during the period. 75.54% of the stock is currently owned by hedge funds and other institutional investors.

NV5 Global Stock Down 0.9%

NVEE stock traded down $0.19 on Wednesday, hitting $22.07. 752,448 shares of the company's stock were exchanged, compared to its average volume of 472,065. NV5 Global, Inc. has a 12-month low of $14.75 and a 12-month high of $26.14. The firm has a 50 day moving average price of $18.90 and a two-hundred day moving average price of $19.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.05 and a current ratio of 2.05. The stock has a market cap of $1.45 billion, a P/E ratio of 44.81, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08.

NV5 Global (NASDAQ:NVEE - Get Free Report) last issued its quarterly 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 firm had revenue of $123.20 million for the quarter, compared to analyst estimates of $229.89 million. NV5 Global had a return on equity of 9.34% and a net margin of 3.25%. As a group, equities research analysts expect that NV5 Global, Inc. will post 1.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Roth Mkm lifted their price target on NV5 Global from $27.00 to $28.00 and gave the company a "buy" rating in a report on Friday, February 21st. Maxim Group cut their price target on NV5 Global from $29.00 to $24.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Sidoti upgraded NV5 Global to a "hold" rating in a report on Friday, May 16th. Wall Street Zen downgraded NV5 Global from a "buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Finally, William Blair restated a "market perform" rating on shares of NV5 Global in a research note on Thursday, May 15th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $25.67.

NV5 Global 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.