Ameresco, Inc. (NYSE:AMRC) Shares Purchased by Fmr LLC

Fmr LLC boosted its holdings in Ameresco, Inc. (NYSE:AMRC) by 257.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,350 shares of the utilities provider’s stock after acquiring an additional 3,855 shares during the quarter. Fmr LLC’s holdings in Ameresco were worth $203,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMRC. Blue Trust Inc. grew its position in shares of Ameresco by 100.3% in the third quarter. Blue Trust Inc. now owns 781 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 391 shares during the last quarter. nVerses Capital LLC purchased a new stake in Ameresco in the 2nd quarter valued at approximately $75,000. Point72 DIFC Ltd acquired a new stake in Ameresco during the 2nd quarter valued at $86,000. GAMMA Investing LLC increased its position in Ameresco by 19.8% during the third quarter. GAMMA Investing LLC now owns 3,735 shares of the utilities provider’s stock worth $142,000 after buying an additional 618 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in Ameresco during the second quarter worth $156,000. Institutional investors and hedge funds own 99.24% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on AMRC. StockNews.com upgraded Ameresco to a “sell” rating in a research report on Tuesday, November 12th. UBS Group raised their target price on shares of Ameresco from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Robert W. Baird upped their price target on shares of Ameresco from $32.00 to $42.00 and gave the stock an “outperform” rating in a research report on Monday, September 23rd. Jefferies Financial Group began coverage on shares of Ameresco in a report on Wednesday, September 4th. They issued a “hold” rating and a $33.00 price target on the stock. Finally, Piper Sandler boosted their price objective on shares of Ameresco from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.90.

Ameresco Trading Up 1.1 %

NYSE:AMRC opened at $22.35 on Friday. The company has a market cap of $1.17 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 0.90 and a beta of 1.76. Ameresco, Inc. has a twelve month low of $17.55 and a twelve month high of $39.68. The business has a 50 day moving average price of $28.47 and a two-hundred day moving average price of $30.59. The company has a quick ratio of 1.26, a current ratio of 1.27 and a debt-to-equity ratio of 1.36.

Ameresco Company Profile

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.