Barclays PLC Increases the stock position in Great Laes Dredge & Dock Co. (Nasdaq: GLDD)

Barclays PLC raised its shares in the stakes of Great Laes Dredge & Dock Co. (Nasdaq: GDDD – Free Report) with 16.9% in the fourth quarter, reports Holdings Channel. The institutional investor owned 124,633 shares of construction company shares after purchasing a 17,991 additional shares during the quarter. Barclays PLC properties in Great Lakes Dredge & Dock were worth $ 1,407,000 in terms of the latest SEC layout.

A number of other defensive funds and other institutional investors have also made changes to their positions in stock. Alphaquest LLC won a new position in Great Lakes Dedge & Dock during the 4th quarter worth $ 33,000. Federated Hermes Inc. Increased its shares in Great Lakes Dredge & Dock by 878.9% in the fourth quarter. Federated Hermes Inc. It now owns 5,619 stock shares of the construction company worth $ 63,000 after purchasing 5,045 additional shares in the last quarter. R Squared Ltd won a new position in Great Lakes Dedge & Dock in the fourth quarter worth about $ 69,000. Semanton Capital Management LP bought a new position in Great Laes Dedge & Dock during the 4th quarter worth approximately $ 130,000. Finally, the CapitalForvaltning LLP as it won a new position in the stakes of Great Lakes Dedge & Dock in the 4th quarter worth approximately $ 132,000. Institutional investors own 89.11% of the company’s shares.

GREAT LAKES DEDGE & DOCK PERFORMANCE PRICEMINATION

Nasdaq GLDD’s shares opened with $ 9.62 on Friday. Business has a simple 50-day movement average of $ 8.65 and a simple 200-day driving average of $ 10.59. Great Lakes Dedge & Dock Co has a low -month of $ 6.99 and a twelve -high months of $ 12.89. The company has a market capitalization of $ 648.01 million, a price-profit ratio of $ 11.45, an increase-profit-increase of 1.06 and a beta of 1.17. The company has a current ratio of 1.21, a rapid ratio of 1.01, and a debt-capacity ratio of 0.97.

Great Lakes Dredge & Dock (Nasdaq: GDDD – Get FREE report) released the results of his profits on Tuesday, February 18th. The construction company reported 0.29 dollars of share profits for the quarter, reaching analysts’ consensus estimates of $ 0.23 by $ 0.06. Great Lakes Dredge & Dock had a net difference of 7.51% and a return of its own capital 13.72%. The company had an income of $ 202.77 million for the quarter, compared to the expectations of analysts of $ 211.20 million. As a group, stock research analysts expect that Great Laes Dedge & Dock Co. will post 0.69 profits per share for the current year.

Great Lakes Dredge & Dock announced that its Board of Directors has authorized a stock purchase plan on Friday, March 14, allowing the company to repay $ 50.00 million in unpaid shares. This repurchase authorization allows the construction company to buy up to 8.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its shares are underestimated.

Purchase and selling interior

In the interconnected news, SVP Christopher Gunsten bought 3,875 business shares in a transaction on Tuesday, March 4. The shares were purchased at an average cost of $ 7.75 per share, for a total transaction of $ 30,031.25. Upon completion of the purchase, the senior Vice President now owns 61,532 stock shares of the company, worth $ 476,873. This represents an increase of 6.72 % in their position. The transaction was revealed in a legal submission to the Insurance and Exchange Commission, which is accessible through the SEC website. 2.20% of the shares is owned by the company’s interior.

Great Laes Dredge & Profile Dock

(Free report)

Great Laes Dredge & Dock Corp. engages in the delivery of diving services. Its projects include canal and port maintenance, deepening of the channel and extension of the port, protection and coastal restoration, and land advertising. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is based in Houston, TX.

Segregation

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