Knights of Columbus Asset Advisors LLC Acquires 31,906 Shares of Limbach Holdings, Inc. (NASDAQ:LMB)

Knights of Columbus Asset Advisors LLC boosted its holdings in shares of Limbach Holdings, Inc. (NASDAQ:LMB - Free Report) by 103.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,890 shares of the construction company's stock after buying an additional 31,906 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.57% of Limbach worth $2,860,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of LMB. Dimensional Fund Advisors LP grew its stake in shares of Limbach by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 431,681 shares of the construction company's stock worth $3,000,000 after acquiring an additional 16,924 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of Limbach in the 1st quarter worth $82,000. Polar Asset Management Partners Inc. grew its stake in shares of Limbach by 0.7% in the 1st quarter. Polar Asset Management Partners Inc. now owns 1,017,104 shares of the construction company's stock worth $7,069,000 after acquiring an additional 7,500 shares in the last quarter. State Street Corp grew its stake in shares of Limbach by 15.2% in the 2nd quarter. State Street Corp now owns 17,055 shares of the construction company's stock worth $91,000 after acquiring an additional 2,255 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Limbach by 9.8% in the 3rd quarter. Royal Bank of Canada now owns 21,200 shares of the construction company's stock worth $161,000 after acquiring an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 55.85% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Limbach from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 13th.

Limbach Stock Performance

LMB traded down $0.71 during trading on Friday, hitting $39.31. 295,207 shares of the company traded hands, compared to its average volume of 123,930. The firm has a market cap of $437.52 million, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.02. The stock's fifty day moving average is $43.78 and its 200 day moving average is $40.05. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.16. Limbach Holdings, Inc. has a one year low of $15.83 and a one year high of $52.96.

Limbach (NASDAQ:LMB - Get Free Report) last posted its quarterly earnings results on Wednesday, March 13th. The construction company reported $0.44 earnings per share for the quarter. The company had revenue of $142.69 million during the quarter, compared to analyst estimates of $131.25 million. Limbach had a net margin of 4.02% and a return on equity of 18.87%. As a group, equities analysts predict that Limbach Holdings, Inc. will post 1.88 EPS for the current fiscal year.

Limbach Profile

Limbach Holdings, Inc operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the construction and renovation projects that involve primarily include mechanical, plumbing, and electrical services.