Thompson Siegel & Walmsley LLC lifted its stake in Dycom Industries, Inc. (NYSE:DY) by 12.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 330,772 shares of the construction company’s stock after buying an additional 36,034 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 1.06% of Dycom Industries worth $28,406,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Dycom Industries by 0.7% during the second quarter. Vanguard Group Inc. now owns 2,454,547 shares of the construction company’s stock valued at $219,732,000 after purchasing an additional 17,420 shares in the last quarter. State Street Corp raised its stake in Dycom Industries by 3.3% during the second quarter. State Street Corp now owns 1,023,232 shares of the construction company’s stock valued at $91,602,000 after purchasing an additional 32,975 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Dycom Industries by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 929,812 shares of the construction company’s stock valued at $83,236,000 after purchasing an additional 5,163 shares in the last quarter. Federated Investors Inc. PA raised its stake in Dycom Industries by 24.1% during the second quarter. Federated Investors Inc. PA now owns 816,246 shares of the construction company’s stock valued at $73,070,000 after purchasing an additional 158,312 shares in the last quarter. Finally, Harbour Capital Advisors LLC raised its stake in Dycom Industries by 9,665.8% during the second quarter. Harbour Capital Advisors LLC now owns 725,112 shares of the construction company’s stock valued at $8,100,000 after purchasing an additional 717,687 shares in the last quarter.

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Shares of Dycom Industries, Inc. (NYSE:DY) traded up $1.12 during trading on Wednesday, reaching $102.12. 98,856 shares of the company’s stock traded hands, compared to its average volume of 676,660. The company has a current ratio of 2.95, a quick ratio of 2.69 and a debt-to-equity ratio of 1.10. Dycom Industries, Inc. has a one year low of $70.33 and a one year high of $110.64. The company has a market cap of $3,055.51, a PE ratio of 21.44, a price-to-earnings-growth ratio of 1.83 and a beta of 1.27.

Dycom Industries (NYSE:DY) last issued its earnings results on Monday, November 20th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.09. Dycom Industries had a net margin of 4.46% and a return on equity of 22.96%. The company had revenue of $756.20 million for the quarter, compared to analysts’ expectations of $729.35 million. During the same period in the prior year, the business earned $1.67 EPS. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. research analysts predict that Dycom Industries, Inc. will post 4.35 earnings per share for the current year.

DY has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Dycom Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Canaccord Genuity cut their price objective on shares of Dycom Industries from $120.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, August 31st. BidaskClub cut shares of Dycom Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, August 22nd. Deutsche Bank AG initiated coverage on shares of Dycom Industries in a research report on Tuesday, September 26th. They set a “buy” rating and a $103.00 price objective on the stock. Finally, B. Riley reiterated a “buy” rating and set a $119.00 price objective (up previously from $98.00) on shares of Dycom Industries in a research report on Friday, November 17th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $109.40.

Dycom Industries Company Profile

Dycom Industries, Inc is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Institutional Ownership by Quarter for Dycom Industries (NYSE:DY)

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