WINTON GROUP Ltd Sells 55,963 Shares of Centuri Holdings, Inc. $CTRI

WINTON GROUP Ltd trimmed its position in Centuri Holdings, Inc. (NYSE:CTRI) by 76.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,503 shares of the company’s stock after selling 55,963 shares during the quarter. WINTON GROUP Ltd’s holdings in Centuri were worth $529,000 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. Integrated Wealth Concepts LLC acquired a new stake in shares of Centuri during the second quarter worth $33,000. KBC Group NV acquired a new position in shares of Centuri in the first quarter valued at about $67,000. Chicago Partners Investment Group LLC acquired a new position in shares of Centuri in the first quarter valued at about $183,000. Jefferies Financial Group Inc. acquired a new position in shares of Centuri in the fourth quarter valued at about $229,000. Finally, Odyssean LLC bought a new position in Centuri during the second quarter worth about $318,000.

Analyst Ratings Changes

A number of research analysts have issued reports on CTRI shares. Bank of America decreased their target price on shares of Centuri from $33.50 to $21.00 and set an “underperform” rating on the stock in a research report on Friday, September 4th. Wells Fargo & Company cut their price target on Centuri from $37.00 to $29.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Wall Street Zen downgraded Centuri from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings upgraded Centuri from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 4th. Finally, Robert W. Baird set a $33.00 price objective on Centuri in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $30.67.

Centuri Trading Down 2.7%

Shares of CTRI opened at $19.05 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.82 and a current ratio of 1.82. Centuri Holdings, Inc. has a 52-week low of $19.03 and a 52-week high of $42.99. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 61.44, a PEG ratio of 0.64 and a beta of 1.01. The business’s fifty day moving average is $23.59 and its 200-day moving average is $28.50.

Centuri (NYSE:CTRI) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.03. The business had revenue of $959.53 million during the quarter, compared to the consensus estimate of $835.99 million. Centuri had a return on equity of 5.85% and a net margin of 0.86%.Centuri’s revenue for the quarter was up 32.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. Equities analysts anticipate that Centuri Holdings, Inc. will post 0.62 EPS for the current fiscal year.

Centuri Profile

Centuri Group, Inc is a North American utility infrastructure services company that supports the construction, maintenance and modernization of energy networks. The company primarily serves natural gas and electric utilities, providing services across the infrastructure life cycle, from initial engineering and installation to repair, replacement and ongoing maintenance.

Its capabilities include gas distribution construction, electric transmission and distribution work, pipeline integrity services, underground utility installation, emergency response and related engineering and field services.