Stifel Financial Corp Has $385,000 Stock Position in NV5 Global, Inc. (NASDAQ:NVEE)

Stifel Financial Corp grew its stake in NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 286.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,411 shares of the business services provider's stock after acquiring an additional 15,134 shares during the quarter. Stifel Financial Corp's holdings in NV5 Global were worth $385,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NVEE. Barclays PLC increased its stake in shares of NV5 Global by 352.5% in the 3rd quarter. Barclays PLC now owns 23,906 shares of the business services provider's stock valued at $2,235,000 after acquiring an additional 18,623 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of NV5 Global by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,944 shares of the business services provider's stock valued at $5,884,000 after acquiring an additional 2,483 shares during the last quarter. Campbell Newman Asset Management Inc. increased its stake in shares of NV5 Global by 297.9% in the 4th quarter. Campbell Newman Asset Management Inc. now owns 70,811 shares of the business services provider's stock valued at $1,334,000 after acquiring an additional 53,014 shares during the last quarter. Heritage Family Offices LLP bought a new stake in shares of NV5 Global in the 4th quarter valued at about $196,000. Finally, Bernzott Capital Advisors bought a new stake in shares of NV5 Global in the 4th quarter valued at about $3,721,000. 75.54% of the stock is owned by institutional investors.

NV5 Global Stock Down 0.6%

Shares of NVEE traded down $0.14 on Friday, hitting $22.05. The company's stock had a trading volume of 1,649,109 shares, compared to its average volume of 455,062. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30. The firm's fifty day moving average price is $17.98 and its 200-day moving average price is $19.11. NV5 Global, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $26.14. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 44.77, a P/E/G ratio of 2.63 and a beta of 1.08.

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

Analyst Upgrades and Downgrades

NVEE has been the subject of several research analyst reports. William Blair reiterated a "market perform" rating on shares of NV5 Global in a research report on Thursday. StockNews.com lowered NV5 Global from a "buy" rating to a "hold" rating in a research report on Wednesday. Maxim Group decreased their price objective on NV5 Global from $29.00 to $24.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Finally, Roth Mkm boosted their price objective on NV5 Global from $27.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, NV5 Global has an average rating of "Hold" and a consensus target price of $25.67.

NV5 Global Company 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.