Victory Capital Administration Inc. raised its stake in Matrix Service (NASDAQ:MTRX – Free Report) by 4.3% in the course of the 2nd quarter, in accordance with its most up-to-date Kind 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 69,600 shares of the corporate’s inventory after buying a further 2,900 shares in the course of the quarter. Victory Capital Administration Inc.’s holdings in Matrix Service had been value $691,000 on the finish of the newest quarter.
Plenty of different hedge funds and different institutional buyers additionally lately modified their holdings of MTRX. Dynamic Know-how Lab Personal Ltd acquired a brand new stake in shares of Matrix Service within the fourth quarter valued at about $126,000. Quadrature Capital Ltd grew its place in Matrix Service by 38.8% within the fourth quarter. Quadrature Capital Ltd now owns 28,807 shares of the corporate’s inventory valued at $281,000 after buying a further 8,059 shares within the final quarter. Trexquant Funding LP bought a brand new stake in shares of Matrix Service in the course of the fourth quarter valued at roughly $317,000. Rhumbline Advisers lifted its place in shares of Matrix Service by 2,174.7% in the course of the second quarter. Rhumbline Advisers now owns 36,395 shares of the corporate’s inventory value $361,000 after buying a further 34,795 shares within the final quarter. Lastly, Assenagon Asset Administration S.A. bought a brand new place in shares of Matrix Service within the second quarter valued at $830,000. Institutional buyers and hedge funds personal 78.38% of the corporate’s inventory.
Analysts Set New Value Targets
MTRX has been the subject of a number of analyst studies. DA Davidson reaffirmed a “purchase” ranking and set a $18.00 worth goal on shares of Matrix Service in a analysis word on Tuesday, September tenth. StockNews.com lowered Matrix Service from a “purchase” ranking to a “maintain” ranking in a analysis report on Wednesday.
View Our Newest Analysis Report on Matrix Service
Matrix Service Inventory Up 4.5 %
Shares of MTRX opened at $11.29 on Friday. The agency has a market cap of $308.32 million, a price-to-earnings ratio of -14.86, a PEG ratio of three.19 and a beta of 1.24. The enterprise’s 50 day transferring common is $9.91 and its two-hundred day transferring common is $10.93. Matrix Service has a 52-week low of $8.61 and a 52-week excessive of $13.90.
Matrix Service Profile
Matrix Service Firm supplies engineering, fabrication, building, and upkeep companies to assist vital vitality infrastructure and industrial markets in the US, Canada, and internationally. It operates by way of three segments: Utility and Energy Infrastructure; Course of and Industrial Services; and Storage and Terminal Options.
Learn Extra
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