Willbros Group Inc. (NYSE:WG)’s share price fell 5.1% on Wednesday . The company traded as low as $2.58 and last traded at $2.63, with a volume of 114,646 shares traded. The stock had previously closed at $2.77.

A number of equities research analysts recently commented on WG shares. Morgan Stanley raised shares of Willbros Group to an “equal weight” rating in a research note on Friday, June 24th. Zacks Investment Research raised shares of Willbros Group from a “sell” rating to a “hold” rating in a research note on Thursday, May 19th. Finally, Credit Suisse Group AG reissued a “sell” rating and issued a $1.90 price objective on shares of Willbros Group in a research note on Sunday, June 5th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $1.72.

The stock has a market cap of $158.77 million and a P/E ratio of 5.937. The stock’s 50-day moving average price is $2.80 and its 200-day moving average price is $2.36.

Willbros Group (NYSE:WG) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by $0.02. During the same quarter in the prior year, the company posted ($0.20) EPS. The company had revenue of $199 million for the quarter, compared to analyst estimates of $210.18 million. The firm’s quarterly revenue was down 20.5% on a year-over-year basis. Equities research analysts predict that Willbros Group Inc. will post ($0.27) earnings per share for the current year.

Several large investors recently modified their holdings of WG. Royce & Associates LLC bought a new stake in shares of Willbros Group during the fourth quarter worth $1,775,000. Russell Frank Co boosted its stake in shares of Willbros Group by 1.1% in the fourth quarter. Russell Frank Co now owns 692,111 shares of the company’s stock worth $1,841,000 after buying an additional 7,516 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Willbros Group by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,942,886 shares of the company’s stock worth $5,226,000 after buying an additional 107,882 shares in the last quarter.

Willbros Group, Inc (Willbros) is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The Company’s offerings include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada.

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