Dimensional Fund Advisors LP Has $22.87 Million Stock Holdings in Northwest Pipe (NASDAQ:NWPX)

Dimensional Fund Advisors LP raised its stake in Northwest Pipe (NASDAQ:NWPXFree Report) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 755,883 shares of the industrial products company’s stock after acquiring an additional 5,572 shares during the period. Dimensional Fund Advisors LP owned approximately 7.55% of Northwest Pipe worth $22,873,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Byrne Asset Management LLC raised its holdings in shares of Northwest Pipe by 17.3% during the 4th quarter. Byrne Asset Management LLC now owns 2,850 shares of the industrial products company’s stock worth $88,000 after buying an additional 420 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Northwest Pipe by 6.8% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 7,188 shares of the industrial products company’s stock worth $217,000 after buying an additional 457 shares in the last quarter. Barclays PLC raised its holdings in shares of Northwest Pipe by 35.2% during the 3rd quarter. Barclays PLC now owns 2,657 shares of the industrial products company’s stock worth $81,000 after buying an additional 692 shares in the last quarter. SG Americas Securities LLC grew its position in Northwest Pipe by 20.4% during the 4th quarter. SG Americas Securities LLC now owns 5,378 shares of the industrial products company’s stock worth $163,000 after acquiring an additional 912 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in Northwest Pipe by 48.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,110 shares of the industrial products company’s stock worth $91,000 after acquiring an additional 1,022 shares during the last quarter. 80.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. DA Davidson boosted their price objective on Northwest Pipe from $37.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. StockNews.com lowered Northwest Pipe from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd.

View Our Latest Research Report on Northwest Pipe

Northwest Pipe Trading Down 1.5 %

Shares of NWPX stock opened at $34.97 on Tuesday. The stock’s fifty day simple moving average is $34.14 and its 200 day simple moving average is $31.21. Northwest Pipe has a twelve month low of $25.67 and a twelve month high of $36.92. The firm has a market capitalization of $346.90 million, a P/E ratio of 14.69, a P/E/G ratio of 2.89 and a beta of 1.00. The company has a quick ratio of 2.40, a current ratio of 3.56 and a debt-to-equity ratio of 0.26.

Northwest Pipe (NASDAQ:NWPXGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The industrial products company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.18. Northwest Pipe had a return on equity of 7.11% and a net margin of 5.22%. The firm had revenue of $113.22 million for the quarter, compared to analyst estimates of $103.20 million. During the same quarter in the previous year, the company posted $0.23 EPS. As a group, sell-side analysts predict that Northwest Pipe will post 2.46 EPS for the current fiscal year.

About Northwest Pipe

(Free Report)

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.

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Institutional Ownership by Quarter for Northwest Pipe (NASDAQ:NWPX)

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