Centuri Holdings, Inc. (NYSE:CTRI) Shares Sold by Icahn Carl C

Icahn Carl C cut its position in shares of Centuri Holdings, Inc. (NYSE:CTRI) by 30.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,486,495 shares of the company’s stock after selling 1,105,434 shares during the quarter. Centuri comprises 0.6% of Icahn Carl C’s portfolio, making the stock its 13th biggest position. Icahn Carl C owned about 2.81% of Centuri worth $48,014,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. FMR LLC grew its stake in shares of Centuri by 96.3% in the fourth quarter. FMR LLC now owns 8,226,974 shares of the company’s stock valued at $158,863,000 after buying an additional 4,036,639 shares in the last quarter. State Street Corp grew its position in Centuri by 37.3% in the third quarter. State Street Corp now owns 229,638 shares of the company’s stock valued at $3,709,000 after acquiring an additional 62,390 shares in the last quarter. Geode Capital Management LLC grew its position in Centuri by 13.3% in the fourth quarter. Geode Capital Management LLC now owns 320,669 shares of the company’s stock valued at $6,193,000 after acquiring an additional 37,532 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Centuri during the fourth quarter valued at approximately $479,000. Finally, Northern Trust Corp lifted its position in shares of Centuri by 18.5% during the fourth quarter. Northern Trust Corp now owns 138,497 shares of the company’s stock worth $2,674,000 after purchasing an additional 21,586 shares in the last quarter.

Centuri Stock Down 1.6 %

Shares of Centuri stock opened at $18.25 on Tuesday. The business has a 50-day moving average price of $16.93 and a 200 day moving average price of $19.21. Centuri Holdings, Inc. has a fifty-two week low of $14.46 and a fifty-two week high of $28.65. The firm has a market cap of $1.62 billion and a P/E ratio of -0.08. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Robert W. Baird lowered their price target on shares of Centuri from $23.00 to $22.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. JPMorgan Chase & Co. raised their target price on Centuri from $17.00 to $19.00 and gave the company an “underweight” rating in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.