UBS Group AG takes its place in Granite Construction Inc. (GVA)

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Granite Construction logo "title =" Granite Construction logo "clbad =" companylogo "/> UBS Group AG increased its position in Granite Construction Inc. (NYSE: GVA) by 8.6% in Q1, according to the company in its most recent publication with the Securities and Exchange Commission (SEC), which held 33,278 shares in the construction company after purchasing 2,647 additional shares during the quarter, UBS Group AG held approximately 0.08% of Granite Construction $ 1,859,000 at the end of </p> <p> A number of other hedge funds also recently changed their holdings in GVA: DekaBank Deutsche Girozentrale bought a new position in Granite Construction in the first quarter of Valued at $ 137,000 Group Adviser Inc. now holds 3,077 shares in the $ 195,000 construction business after the purchase of 1 period. LP has ach was a new position in Granite Construction in the first quarter worth $ 239,000. Commonwealth Equity Services LLC has bought a new position in Granite Construction in the first quarter worth $ 240,000. Finally, Xact Kapitalforvaltning AB has purchased a new position in Granite Construction in the fourth quarter worth $ 250,000. 96.22% of the shares are held by hedge funds and other institutional investors. </p> <p> A number of research badysts have published reports on the actions of the GVA. MKM Partners lowered its price target on Granite Construction to $ 74.00 and set a "buy" rating for the company in a report on Friday, May 25th. DA Davidson elevated Granite Construction from a "neutral" rating to a "buy" rating in a report on Thursday, April 5th. Finally, ValuEngine has reduced Granite Construction from a "hold" rating to a "sell" grade in a report on Monday, April 2nd. One research badyst rated the stock with a sales rating, three gave a security rating and six gave a purchase rating to the company. The stock has an average rating of "Buy" and an average price target of $ 72.29. </p> <p> NYSE GVA shares opened at $ 54.60 on Friday. The company has a market capitalization of $ 2.19 billion, a price / earnings ratio of 26.25, a price / earnings ratio of 2.32 and a beta of 1.34. Granite Construction Inc. has a minimum of $ 47.05 over 52 weeks and a high of $ 68.58 over 52 weeks. The company has a debt ratio of 0.18, a ratio of 1.92 and a ratio of 1.80. </p> <p> Granite Construction (NYSE: GVA) last published its quarterly results on Monday, April 30th. The construction company reported ($ 0.13) a profit per share (EPS) for the quarter, exceeding $ 0.24 per consensus estimate of Zacks ($ 0.37). The company achieved a turnover of $ 563.40 million during the quarter, against $ 534.77 million for badysts. Granite Construction posted a return on equity of 8.82% and a net margin of 2.64%. Company revenues increased 20.3% from one year to the next. During the same period last year, the company earned $ 0.60 earnings per share. Sell-side badysts predict that Granite Construction Inc. will post 3.36 earnings per share for the current year. </p> <p> The company also recently unveiled a quarterly dividend, which was paid on Friday, July 13. Shareholders of record on Friday, June 29 received a dividend of $ 0.13 per share. The ex-dividend date was Thursday, June 28th. This represents a dividend of $ 0.52 on an annualized basis and a dividend yield of 0.95%. The distribution ratio of Granite Construction is currently 32.10%. </p> <p> <strong> Granite Construction Profile </strong> </p> <p> Granite Construction Incorporated operates as a heavy civil contractor and a producer of building materials in the United States. The company operates through three segments: construction, construction of large projects and building materials. The construction sector undertakes various civil construction projects focused on the construction and improvement of streets, roads, highways, bridges, construction, underground work, and related facilities. electricity, hydraulic facilities, utilities and other infrastructure projects. : What is the book value of an action? <br /> <!--ViewCount:ArticleHistoryID=21696229&PostDate=2018-7-22&type=f&id=3624885--> </p> <p> <strong> Want to see what other hedge funds hold GVA? </strong> Visit HoldingsChannel.com to get the latest deposits and 13F insider trades for Granite Construction Inc. (NYSE: GVA). </p> <p style= Institutional Property by Quarter for Granite Construction (NYSE: GVA) "title =" Institutional Property by Quarter for Granite Construction (NYSE: GVA) "/> </p> <p> <!-- end inline unit --></p> <p> <!-- end main text --></p> <p> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= Notes for Granite Construction Daily – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for Granite Construction and related companies with MarketBeat.com's free daily newsletter. 659013] [ad_2]
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