Quadrature Capital Ltd Takes $805,000 Position in Primoris Services Co. (NASDAQ:PRIM) – Information Important Web

Quadrature Capital Ltd purchased a newborn function in shares of Primoris Services Co. (NASDAQ:PRIM – Free Report) during the 4th quarter, according to its most past Form 13F filing with the Securities and Exchange Commission. The money purchased 24,213 shares of the cerebration company’s stock, valued at roughly $805,000.

Several another inclose assets and another institutionalised investors hit also fresh bought and oversubscribed shares of the stock. Dimensional Fund Advisors LP raised its function in Primoris Services by 3.1% during the 4th quarter. Dimensional Fund Advisors LP today owns 3,595,569 shares of the cerebration company’s hit worth $119,410,000 after feat an added 109,481 shares in the terminal quarter. FMR LLC accumulated its holdings in Primoris Services by 1.1% during the 3rd quarter. FMR LLC today owns 1,722,707 shares of the cerebration company’s hit worth $56,384,000 after purchase an added 18,872 shares during the terminal quarter. Schroder Investment Management Group accumulated its holdings in Primoris Services by 4.4% during the 4th quarter. Schroder Investment Management Group today owns 1,005,360 shares of the cerebration company’s hit worth $33,388,000 after purchase an added 41,983 shares during the terminal quarter. Northern Trust Corp accumulated its holdings in Primoris Services by 1.4% during the 3rd quarter. Northern Trust Corp today owns 599,941 shares of the cerebration company’s hit worth $19,636,000 after purchase an added 8,082 shares during the terminal quarter. Finally, Bruni J V & Co. Co. accumulated its holdings in Primoris Services by 0.5% during the 4th quarter. Bruni J V & Co. Co. today owns 585,009 shares of the cerebration company’s hit worth $19,428,000 after purchase an added 2,764 shares during the terminal quarter. 91.82% of the hit is owned by institutionalised investors and inclose funds.

Primoris Services Price Performance

Shares of NASDAQ PRIM unsealed at $53.59 on Friday. Primoris Services Co. has a dozen punctuation baritone of $28.29 and a dozen punctuation broad of $56.62. The consort has a underway ratio of 1.38, a hurried ratio of 1.38 and a debt-to-equity ratio of 0.69. The consort has a mart estimation of $2.87 billion, a price-to-earnings ratio of 20.22 and a beta of 1.12. The playing has a 50 punctuation ultimate agitated cipher of $50.40 and a 200-day ultimate agitated cipher of $41.63.

Primoris Services (NASDAQ:PRIM – Get Free Report) terminal issued its quarterly earnings results on Wednesday, May 8th. The cerebration consort reportable $0.47 earnings per deal for the quarter, fighting analysts’ consensus estimates of $0.08 by $0.39. Primoris Services had a convey on justness of 14.13% and a gain edge of 2.45%. The playing had income of $1.41 1000000000 during the quarter, compared to the consensus judge of $1.38 billion. During the aforementioned punctuation in the preceding year, the playing attained $0.18 EPS. The business’s quarterly income was up 12.4% on a year-over-year basis. As a group, equities investigate analysts wait that Primoris Services Co. module place 2.67 earnings per deal for the underway year.

Primoris Services Announces Dividend

The playing also fresh unconcealed a quarterly dividend, which module be paying on Monday, July 15th. Investors of achievement on Friday, June 28th module be presented a dividend of $0.06 per share. The ex-dividend fellow of this dividend is Friday, June 28th. This represents a $0.24 dividend on an annualized foundation and a consent of 0.45%. Primoris Services’s dividend payout ratio is currently 9.06%.

Insider Activity at Primoris Services

In attendant news, insider Evangelist M. Perisich oversubscribed 13,448 shares of the business’s hit in a dealings that occurred on Monday, May 13th. The hit was oversubscribed at an cipher toll of $49.34, for a amount dealings of $663,524.32. The dealings was unconcealed in a writing filed with the Securities & Exchange Commission, which is reachable finished this link. In another Primoris Services news, insider Evangelist M. Perisich oversubscribed 13,448 shares of the business’s hit in a dealings on Monday, May 13th. The hit was oversubscribed at an cipher toll of $49.34, for a amount dealings of $663,524.32. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is acquirable at the SEC website. Also, Director king Lee King oversubscribed 2,500 shares of the business’s hit in a dealings on Friday, June 14th. The hit was oversubscribed at an cipher toll of $52.86, for a amount continuance of $132,150.00. Following the transaction, the administrator today owns 27,517 shares of the company’s stock, valued at roughly $1,454,548.62. The revealing for this understanding crapper be institute here. Insiders oversubscribed 54,831 shares of consort hit worth $2,807,646 in the terminal 90 days. 1.40% of the hit is currently owned by consort insiders.

Wall Street Analyst Weigh In

Several equities investigate analysts hit issued reports on the company. StockNews.com downgraded Primoris Services from a “strong-buy” judgement to a “buy” judgement in a inform on Thursday, March 7th. The nihilist Sachs Group raised their toll neutral on Primoris Services from $38.00 to $43.00 and gave the hit a “neutral” judgement in a inform on Thursday, Apr 4th. DA Davidson raised their toll neutral on Primoris Services from $45.00 to $55.00 and gave the hit a “buy” judgement in a inform on Thursday, Apr 4th. Finally, UBS Group boosted their toll direct on Primoris Services from $44.00 to $63.00 and gave the consort a “buy” judgement in a inform on Friday, Apr 5th.

View Our Latest Stock Report on PRIM

Primoris Services Company Profile

(Free Report)

Primoris Services Corporation, a specialty fasciculus company, provides a arrange of specialty construction, fabrication, maintenance, replacement, and field services in the United States and Canada. The consort operates finished Utilities and Energy/Renewables segments. The Utilities portion offers artefact and fix services for newborn and existing uncolored pedal organisation systems, automobile programme organisation and sending systems, and subject systems.

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