Centuri Holdings, Inc. (NYSE:CTRI) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its position in shares of Centuri Holdings, Inc. (NYSE:CTRI) by 37.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,552 shares of the company’s stock after selling 13,086 shares during the quarter. Jane Street Group LLC’s holdings in Centuri were worth $348,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. State Street Corp boosted its stake in Centuri by 37.3% during the 3rd quarter. State Street Corp now owns 229,638 shares of the company’s stock valued at $3,709,000 after purchasing an additional 62,390 shares during the period. Needham Investment Management LLC boosted its position in shares of Centuri by 44.8% during the third quarter. Needham Investment Management LLC now owns 430,828 shares of the company’s stock worth $6,958,000 after buying an additional 133,200 shares during the period. Centiva Capital LP bought a new position in Centuri in the 3rd quarter worth approximately $162,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Centuri in the 3rd quarter valued at approximately $211,000. Finally, MetLife Investment Management LLC raised its stake in Centuri by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 8,243 shares of the company’s stock valued at $133,000 after acquiring an additional 4,645 shares in the last quarter.

Centuri Trading Down 1.3 %

Shares of CTRI stock opened at $19.79 on Thursday. Centuri Holdings, Inc. has a 1-year low of $14.47 and a 1-year high of $28.65. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.70. The stock’s fifty day simple moving average is $20.30 and its 200-day simple moving average is $18.64.

Wall Street Analyst Weigh In

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

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.