21,048 Shares in Centuri Holdings, Inc. $CTRI Bought by Militia Capital Management LLC

Militia Capital Management LLC bought a new position in Centuri Holdings, Inc. (NYSE:CTRI) in the first quarter, HoldingsChannel.com reports. The firm bought 21,048 shares of the company’s stock, valued at approximately $615,000.

Other large investors have also recently added to or reduced their stakes in the company. UBS Group AG lifted its holdings in shares of Centuri by 59.9% in the fourth quarter. UBS Group AG now owns 1,025,061 shares of the company’s stock valued at $25,883,000 after purchasing an additional 384,054 shares in the last quarter. William Blair Investment Management LLC acquired a new position in shares of Centuri during the fourth quarter worth about $20,233,000. Verbena Value LP grew its holdings in shares of Centuri by 31.3% during the first quarter. Verbena Value LP now owns 1,771,457 shares of the company’s stock worth $51,744,000 after buying an additional 422,593 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Centuri during the third quarter worth about $4,992,000. Finally, Needham Investment Management LLC raised its position in Centuri by 29.7% in the 4th quarter. Needham Investment Management LLC now owns 797,628 shares of the company’s stock valued at $20,140,000 after buying an additional 182,500 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms have commented on CTRI. Weiss Ratings restated a “sell (d+)” rating on shares of Centuri in a research note on Wednesday, June 24th. JPMorgan Chase & Co. raised their price target on shares of Centuri from $26.00 to $29.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. UBS Group lifted their price objective on shares of Centuri from $33.00 to $36.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Cantor Fitzgerald boosted their price objective on shares of Centuri from $37.40 to $46.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company increased their target price on shares of Centuri from $32.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $37.80.

Centuri Price Performance

NYSE:CTRI opened at $28.09 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.88 and a current ratio of 1.88. The stock’s 50-day simple moving average is $28.83 and its 200 day simple moving average is $30.18. The company has a market cap of $2.83 billion, a P/E ratio of 82.61, a P/E/G ratio of 0.92 and a beta of 1.10. Centuri Holdings, Inc. has a 52-week low of $19.04 and a 52-week high of $42.99.

Centuri (NYSE:CTRI) last released its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.05. Centuri had a return on equity of 5.64% and a net margin of 0.98%.The business had revenue of $688.69 million for the quarter, compared to analyst estimates of $618.87 million. During the same quarter in the prior year, the company posted ($0.12) earnings per share. Centuri’s revenue was up 31.5% on a year-over-year basis. As a group, sell-side analysts forecast that Centuri Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Centuri Company Profile

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.