Legal & General Group Plc Increases Position in Willdan Group, Inc. (NASDAQ:WLDN)

Legal & General Group Plc increased its position in Willdan Group, Inc. (NASDAQ:WLDN) by 26.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,597 shares of the construction company’s stock after acquiring an additional 542 shares during the period. Legal & General Group Plc’s holdings in Willdan Group were worth $99,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new position in shares of Willdan Group in the third quarter valued at about $15,608,000. JPMorgan Chase & Co. boosted its position in Willdan Group by 82.8% in the third quarter. JPMorgan Chase & Co. now owns 76,586 shares of the construction company’s stock valued at $3,136,000 after buying an additional 34,699 shares during the last quarter. Barclays PLC increased its holdings in Willdan Group by 245.7% in the 3rd quarter. Barclays PLC now owns 17,301 shares of the construction company’s stock worth $708,000 after buying an additional 12,297 shares during the period. Principal Financial Group Inc. raised its position in Willdan Group by 9.0% during the 4th quarter. Principal Financial Group Inc. now owns 8,207 shares of the construction company’s stock worth $313,000 after buying an additional 677 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Willdan Group by 83.9% during the 4th quarter. SG Americas Securities LLC now owns 13,927 shares of the construction company’s stock valued at $530,000 after acquiring an additional 6,353 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Buying and Selling

In other Willdan Group news, Director Mohammad Shahidehpour sold 2,273 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $39.20, for a total value of $89,101.60. Following the sale, the director now directly owns 12,767 shares of the company’s stock, valued at approximately $500,466.40. This trade represents a 15.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

WLDN has been the topic of a number of research reports. StockNews.com lowered shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th. Wedbush raised Willdan Group to a “strong-buy” rating in a research report on Monday, March 10th.

Willdan Group Price Performance

Shares of NASDAQ WLDN opened at $39.53 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a market capitalization of $573.07 million, a price-to-earnings ratio of 24.25 and a beta of 1.12. The firm’s 50 day simple moving average is $38.55 and its 200-day simple moving average is $39.54. Willdan Group, Inc. has a 12 month low of $27.19 and a 12 month high of $50.00.

Willdan Group Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.