State Street Corp Buys 62,390 Shares of Centuri Holdings, Inc. (NYSE:CTRI)

State Street Corp grew its stake in shares of Centuri Holdings, Inc. (NYSE:CTRI) by 37.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 229,638 shares of the company’s stock after acquiring an additional 62,390 shares during the period. State Street Corp’s holdings in Centuri were worth $3,709,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of CTRI. Bank of New York Mellon Corp bought a new stake in Centuri in the 2nd quarter valued at about $2,757,000. Davidson Kempner Capital Management LP purchased a new position in shares of Centuri in the second quarter worth about $1,500,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Centuri in the third quarter valued at approximately $211,000. BNP Paribas Financial Markets lifted its stake in shares of Centuri by 39.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company’s stock valued at $110,000 after buying an additional 1,927 shares in the last quarter. Finally, Ghisallo Capital Management LLC bought a new position in Centuri in the 2nd quarter worth approximately $3,409,000.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CTRI shares. JPMorgan Chase & Co. boosted their target price on shares of Centuri from $16.00 to $17.00 and gave the company an “underweight” rating in a report on Thursday, November 7th. Robert W. Baird boosted their price objective on Centuri from $19.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.40.

Centuri Trading Down 2.7 %

Shares of CTRI stock opened at $19.22 on Tuesday. Centuri Holdings, Inc. has a 52-week low of $14.47 and a 52-week high of $28.65. The business’s fifty day moving average is $20.14 and its 200 day moving average is $18.91. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.70.

Centuri Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.