Universal Beteiligungs und Servicegesellschaft mbH Reduces Stock Holdings in Everus Construction Group, Inc. $ECG

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH reduced its stake by 19.1% in Everus Construction Group in Q4, selling 11,590 shares and finishing with 49,158 shares worth about $4.21 million (≈0.10% ownership).
• Everus reported an EPS beat of $1.08 vs. $0.72 consensus and revenue of $1.01 billion (up 33% year-over-year); the stock recently traded near its 1‑year high and the company has a $6.85 billion market cap and a P/E of 34.05.
• Sell‑side coverage is mixed with a consensus "Hold" and $119.60 price target (two Buys, six Holds), while several other institutional investors made modest position changes in recent quarters.

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Everus Construction Group, Inc. (NYSE:ECG - Free Report) by 19.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,158 shares of the company's stock after selling 11,590 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Everus Construction Group worth $4,206,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ECG. Wealth Enhancement Advisory Services LLC grew its position in shares of Everus Construction Group by 2.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,620 shares of the company's stock worth $464,000 after acquiring an additional 109 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Everus Construction Group by 68.2% during the third quarter. Bessemer Group Inc. now owns 338 shares of the company's stock worth $29,000 after acquiring an additional 137 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Everus Construction Group by 12.6% during the fourth quarter. GAMMA Investing LLC now owns 1,286 shares of the company's stock worth $110,000 after acquiring an additional 144 shares during the last quarter. Amalgamated Bank grew its position in shares of Everus Construction Group by 1.1% during the third quarter. Amalgamated Bank now owns 15,531 shares of the company's stock worth $1,332,000 after acquiring an additional 163 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of Everus Construction Group by 1.4% during the third quarter. Arizona State Retirement System now owns 14,336 shares of the company's stock worth $1,229,000 after acquiring an additional 197 shares during the last quarter.

Everus Construction Group Price Performance

Shares of NYSE ECG opened at $134.15 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.76 and a quick ratio of 1.70. The stock has a fifty day moving average price of $121.55 and a 200 day moving average price of $101.86. Everus Construction Group, Inc. has a 1-year low of $38.51 and a 1-year high of $141.54. The company has a market cap of $6.85 billion, a PE ratio of 34.05 and a beta of 2.88.

Everus Construction Group (NYSE:ECG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.36. Everus Construction Group had a return on equity of 37.06% and a net margin of 5.39%.The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $879.57 million. During the same period last year, the company earned $0.67 earnings per share. The company's revenue for the quarter was up 33.0% on a year-over-year basis. Sell-side analysts forecast that Everus Construction Group, Inc. will post 4.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ECG. Glj Research began coverage on shares of Everus Construction Group in a research report on Monday, April 20th. They set a "hold" rating and a $141.00 target price on the stock. Guggenheim began coverage on shares of Everus Construction Group in a research report on Thursday, January 22nd. They set a "neutral" rating on the stock. Zacks Research lowered shares of Everus Construction Group from a "strong-buy" rating to a "hold" rating in a research report on Monday. Wall Street Zen lowered shares of Everus Construction Group from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 7th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Everus Construction Group in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Everus Construction Group currently has a consensus rating of "Hold" and a consensus price target of $119.60.

Everus Construction Group Profile

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers. Everus Construction Group is based in BISMARCK, N.D.

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