CWH Capital Management Inc. held its position in Sterling Construction Company Inc (NASDAQ:STRL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 226,685 shares of the construction company’s stock at the close of the second quarter. Sterling Construction accounts for approximately 1.6% of CWH Capital Management Inc.’s holdings, making the stock its 23rd largest holding. CWH Capital Management Inc. owned approximately 0.84% of Sterling Construction worth $2,963,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Sterling Construction by 0.4% during the first quarter. Geode Capital Management LLC now owns 142,942 shares of the construction company’s stock valued at $1,322,000 after purchasing an additional 558 shares in the last quarter. Trexquant Investment LP boosted its stake in shares of Sterling Construction by 8.1% during the first quarter. Trexquant Investment LP now owns 19,977 shares of the construction company’s stock valued at $185,000 after purchasing an additional 1,489 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Sterling Construction by 16.5% during the second quarter. Parametric Portfolio Associates LLC now owns 32,559 shares of the construction company’s stock valued at $426,000 after purchasing an additional 4,603 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Sterling Construction by 63.6% during the first quarter. Citadel Advisors LLC now owns 17,205 shares of the construction company’s stock valued at $159,000 after purchasing an additional 6,691 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Sterling Construction by 74.3% during the first quarter. Bank of New York Mellon Corp now owns 24,690 shares of the construction company’s stock valued at $228,000 after purchasing an additional 10,528 shares in the last quarter. Hedge funds and other institutional investors own 78.39% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Sterling Construction from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Canaccord Genuity reiterated a “buy” rating and set a $15.00 price objective on shares of Sterling Construction in a research note on Saturday, August 26th. TheStreet downgraded shares of Sterling Construction from a “b-” rating to a “c” rating in a research note on Monday, August 21st. BidaskClub downgraded shares of Sterling Construction from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Finally, DA Davidson upgraded shares of Sterling Construction from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, June 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. Sterling Construction has an average rating of “Hold” and an average target price of $14.00.

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Sterling Construction Company Inc (NASDAQ STRL) traded up 0.91% during trading on Friday, hitting $15.60. 71,929 shares of the stock were exchanged. Sterling Construction Company Inc has a 12 month low of $6.13 and a 12 month high of $16.05. The stock’s 50 day moving average price is $13.26 and its 200 day moving average price is $11.38. The stock’s market cap is $421.67 million.

Sterling Construction (NASDAQ:STRL) last posted its quarterly earnings results on Wednesday, August 2nd. The construction company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.06 by $0.17. Sterling Construction had a negative net margin of 0.33% and a positive return on equity of 0.06%. The company had revenue of $264.40 million during the quarter, compared to analysts’ expectations of $231.42 million. During the same quarter in the previous year, the business posted $0.09 EPS. The firm’s revenue was up 39.5% on a year-over-year basis. Analysts forecast that Sterling Construction Company Inc will post $0.39 EPS for the current fiscal year.

Sterling Construction Profile

Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.

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

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