NV5 Global, Inc. $NVEE Shares Acquired by Invesco Ltd.

Invesco Ltd. boosted its stake in shares of NV5 Global, Inc. (NASDAQ:NVEE) by 5.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 321,120 shares of the business services provider’s stock after purchasing an additional 15,202 shares during the quarter. Invesco Ltd. owned approximately 0.49% of NV5 Global worth $6,188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas boosted its position in NV5 Global by 300.0% during the 4th quarter. BNP Paribas now owns 1,400 shares of the business services provider’s stock worth $26,000 after acquiring an additional 1,050 shares during the period. GAMMA Investing LLC boosted its position in NV5 Global by 9,916.7% during the 1st quarter. GAMMA Investing LLC now owns 3,005 shares of the business services provider’s stock worth $58,000 after acquiring an additional 2,975 shares during the period. Signaturefd LLC acquired a new position in NV5 Global during the 1st quarter worth $66,000. Point72 Asset Management L.P. acquired a new position in NV5 Global during the 4th quarter worth $80,000. Finally, Tower Research Capital LLC TRC boosted its position in NV5 Global by 2,369.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,420 shares of the business services provider’s stock worth $121,000 after acquiring an additional 6,160 shares during the period. Institutional investors and hedge funds own 75.54% of the company’s stock.

NV5 Global Price Performance

NVEE opened at $22.56 on Wednesday. NV5 Global, Inc. has a one year low of $14.75 and a one year high of $25.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.86 and a current ratio of 1.86. The stock’s fifty day moving average is $22.78 and its 200-day moving average is $20.29. The company has a market capitalization of $1.51 billion, a PE ratio of 45.58, a P/E/G ratio of 1.42 and a beta of 1.11.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on NVEE shares. CJS Securities lowered NV5 Global from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 10th. Lake Street Capital lowered NV5 Global from a “buy” rating to a “hold” rating in a research report on Thursday, May 15th. Sidoti upgraded NV5 Global to a “hold” rating in a research report on Friday, May 16th. Maxim Group reiterated a “hold” rating on shares of NV5 Global in a research report on Thursday, July 3rd. Finally, Wall Street Zen lowered NV5 Global from a “buy” rating to a “hold” rating in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $25.67.

About NV5 Global

NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.