Valeo Monetary Advisors LLC boosted its place in shares of Quanta Companies, Inc. (NYSE:PWR – Free Report) by 10.0% within the third quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities and Trade Fee. The fund owned 2,656 shares of the development firm’s inventory after buying an extra 241 shares through the interval. Valeo Monetary Advisors LLC’s holdings in Quanta Companies have been value $792,000 on the finish of the latest reporting interval.
Quite a lot of different institutional buyers additionally lately modified their holdings of the corporate. EP Wealth Advisors LLC grew its stake in Quanta Companies by 0.6% within the 2nd quarter. EP Wealth Advisors LLC now owns 6,994 shares of the development firm’s inventory valued at $1,777,000 after shopping for an extra 39 shares over the past quarter. Westside Funding Administration Inc. elevated its stake in shares of Quanta Companies by 20.5% within the second quarter. Westside Funding Administration Inc. now owns 241 shares of the development firm’s inventory value $61,000 after buying an extra 41 shares through the interval. Ameritas Advisory Companies LLC lifted its place in shares of Quanta Companies by 5.0% through the 2nd quarter. Ameritas Advisory Companies LLC now owns 876 shares of the development firm’s inventory value $223,000 after buying an extra 42 shares over the past quarter. Aspen Funding Administration Inc grew its holdings in Quanta Companies by 3.7% within the 2nd quarter. Aspen Funding Administration Inc now owns 1,254 shares of the development firm’s inventory valued at $319,000 after shopping for an extra 45 shares over the past quarter. Lastly, Terra Nova Asset Administration LLC elevated its place in Quanta Companies by 0.4% within the 2nd quarter. Terra Nova Asset Administration LLC now owns 12,741 shares of the development firm’s inventory value $3,237,000 after shopping for an extra 46 shares through the interval. Institutional buyers personal 90.49% of the corporate’s inventory.
Analysts Set New Value Targets
PWR has been the subject of a number of analysis analyst stories. JPMorgan Chase & Co. assumed protection on shares of Quanta Companies in a analysis be aware on Monday, October seventh. They issued a “impartial” ranking and a $297.00 worth goal on the inventory. B. Riley boosted their worth goal on shares of Quanta Companies from $286.00 to $303.00 and gave the inventory a “purchase” ranking in a report on Friday, August 2nd. TD Cowen elevated their goal worth on shares of Quanta Companies from $270.00 to $280.00 and gave the corporate a “purchase” ranking in a analysis be aware on Thursday, August eighth. Citigroup upped their worth goal on Quanta Companies from $302.00 to $348.00 and gave the corporate a “purchase” ranking in a report on Friday, October 4th. Lastly, Wolfe Analysis started protection on Quanta Companies in a report on Thursday, September nineteenth. They set an “outperform” ranking and a $313.00 worth goal on the inventory. 4 funding analysts have rated the inventory with a maintain ranking and eleven have assigned a purchase ranking to the corporate. In accordance with MarketBeat, Quanta Companies at present has a median ranking of “Reasonable Purchase” and a consensus goal worth of $299.93.
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Insiders Place Their Bets
In associated information, insider Gerald A. Ducey, Jr. bought 15,000 shares of Quanta Companies inventory in a transaction dated Friday, August ninth. The inventory was bought at a median worth of $257.93, for a complete worth of $3,868,950.00. Following the completion of the transaction, the insider now immediately owns 21,286 shares of the corporate’s inventory, valued at $5,490,297.98. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the SEC, which is accessible by the SEC web site. In associated information, insider Gerald A. Ducey, Jr. bought 15,000 shares of the agency’s inventory in a transaction that occurred on Friday, August ninth. The shares have been bought at a median worth of $257.93, for a complete worth of $3,868,950.00. Following the completion of the sale, the insider now owns 21,286 shares of the corporate’s inventory, valued at $5,490,297.98. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the SEC, which is accessible at the SEC web site. Additionally, insider Karl W. Studer bought 23,357 shares of the corporate’s inventory in a transaction on Wednesday, August twenty first. The inventory was bought at a median worth of $270.51, for a complete worth of $6,318,302.07. Following the transaction, the insider now immediately owns 10,631 shares within the firm, valued at roughly $2,875,791.81. This represents a 0.00 % lower of their place. The disclosure for this sale might be discovered right here. Over the past quarter, insiders have bought 202,357 shares of firm inventory valued at $53,115,572. 1.10% of the inventory is at present owned by company insiders.
Quanta Companies Inventory Up 0.8 %
Shares of NYSE PWR opened at $309.42 on Monday. Quanta Companies, Inc. has a 52-week low of $153.74 and a 52-week excessive of $312.52. The corporate has a debt-to-equity ratio of 0.45, a fast ratio of 1.25 and a present ratio of 1.30. The enterprise has a fifty day transferring common of $275.77 and a two-hundred day transferring common of $267.36. The inventory has a market cap of $45.30 billion, a PE ratio of 59.97 and a beta of 1.01.
Quanta Companies (NYSE:PWR – Get Free Report) final launched its quarterly earnings outcomes on Thursday, August 1st. The development firm reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.15. The agency had income of $5.59 billion for the quarter, in comparison with analyst estimates of $5.51 billion. Quanta Companies had a web margin of three.59% and a return on fairness of 16.29%. The corporate’s income for the quarter was up 10.8% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the enterprise earned $1.47 earnings per share. As a gaggle, equities analysis analysts count on that Quanta Companies, Inc. will submit 7.81 earnings per share for the present fiscal yr.
Quanta Companies Dividend Announcement
The agency additionally lately disclosed a quarterly dividend, which was paid on Friday, October eleventh. Shareholders of file on Tuesday, October 1st got a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.36 annualized dividend and a yield of 0.12%. Quanta Companies’s payout ratio is 6.98%.
Quanta Companies Profile
Quanta Companies, Inc gives infrastructure options for the electrical and fuel utility, renewable vitality, communications, and pipeline and vitality industries in the US, Canada, Australia, and internationally. The corporate’s Electrical Energy Infrastructure Options phase engages within the design, procurement, building, improve, restore, and upkeep of electrical energy transmission and distribution infrastructure and substation services; set up, upkeep, and improve of electrical energy infrastructure tasks; set up of good grid applied sciences on electrical energy networks; and design, set up, upkeep, and restore of economic and industrial wirings.
Advisable Tales
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