1,828 Shares in Sterling Infrastructure, Inc. (NASDAQ:STRL) Bought by Diversified Trust Co

Diversified Trust Co purchased a new position in Sterling Infrastructure, Inc. (NASDAQ:STRLFree Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,828 shares of the construction company’s stock, valued at approximately $202,000.

A number of other hedge funds also recently modified their holdings of STRL. Atticus Wealth Management LLC bought a new position in Sterling Infrastructure in the first quarter valued at about $55,000. McGlone Suttner Wealth Management Inc. bought a new position in Sterling Infrastructure in the fourth quarter valued at about $60,000. AJOVista LLC bought a new position in Sterling Infrastructure in the fourth quarter valued at about $91,000. Tucker Asset Management LLC bought a new position in Sterling Infrastructure in the fourth quarter valued at about $115,000. Finally, Cookson Peirce & Co. Inc. bought a new position in Sterling Infrastructure in the fourth quarter valued at about $212,000. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Stock Performance

Sterling Infrastructure stock opened at $113.70 on Friday. The business’s 50-day moving average price is $118.86 and its two-hundred day moving average price is $101.93. Sterling Infrastructure, Inc. has a 12-month low of $54.84 and a 12-month high of $137.63. The stock has a market cap of $3.51 billion, a PE ratio of 23.64 and a beta of 1.19. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.53.

Sterling Infrastructure (NASDAQ:STRLGet Free Report) last announced its quarterly earnings results on Monday, May 6th. The construction company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.18. Sterling Infrastructure had a return on equity of 25.06% and a net margin of 7.47%. The firm had revenue of $440.36 million for the quarter, compared to analyst estimates of $453.30 million. As a group, analysts expect that Sterling Infrastructure, Inc. will post 5.3 earnings per share for the current fiscal year.

Sterling Infrastructure Profile

(Free Report)

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.

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Institutional Ownership by Quarter for Sterling Infrastructure (NASDAQ:STRL)

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