Wulff Hansen & CO. Has $869,000 Stock Holdings in Willdan Group, Inc. (NASDAQ:WLDN)

Wulff Hansen & CO. raised its position in Willdan Group, Inc. (NASDAQ:WLDN) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,821 shares of the construction company’s stock after buying an additional 370 shares during the quarter. Wulff Hansen & CO. owned 0.16% of Willdan Group worth $869,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new position in Willdan Group in the 3rd quarter valued at $15,608,000. JPMorgan Chase & Co. grew its holdings in shares of Willdan Group by 82.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock worth $3,136,000 after purchasing an additional 34,699 shares in the last quarter. Franklin Resources Inc. acquired a new stake in shares of Willdan Group during the 3rd quarter worth $351,000. Geode Capital Management LLC grew its holdings in shares of Willdan Group by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 294,797 shares of the construction company’s stock worth $12,075,000 after purchasing an additional 1,514 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Willdan Group by 245.7% during the 3rd quarter. Barclays PLC now owns 17,301 shares of the construction company’s stock worth $708,000 after purchasing an additional 12,297 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Willdan Group Stock Performance

NASDAQ:WLDN opened at $41.92 on Wednesday. The stock’s 50-day simple moving average is $35.99 and its 200 day simple moving average is $39.69. The firm has a market capitalization of $603.98 million, a PE ratio of 25.72 and a beta of 1.41. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37. Willdan Group, Inc. has a twelve month low of $25.91 and a twelve month high of $50.00.

Analysts Set New Price Targets

Several research firms have recently issued reports on WLDN. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Wedbush raised Willdan Group to a “strong-buy” rating in a report on Monday, March 10th.

Insider Activity at Willdan Group

In related news, Director Mohammad Shahidehpour sold 2,273 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, the director now directly owns 12,767 shares of the company’s stock, valued at $500,466.40. This trade represents a 15.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.80% of the stock is currently owned by insiders.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.