SG Americas Securities LLC Has $1.38 Million Position in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)

SG Americas Securities LLC lifted its holdings in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) by 11.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 121,898 shares of the construction company’s stock after purchasing an additional 12,056 shares during the quarter. SG Americas Securities LLC’s holdings in Great Lakes Dredge & Dock were worth $1,376,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of GLDD. Jennison Associates LLC boosted its holdings in shares of Great Lakes Dredge & Dock by 1.9% in the third quarter. Jennison Associates LLC now owns 4,333,438 shares of the construction company’s stock valued at $45,631,000 after buying an additional 79,087 shares during the period. Harvey Partners LLC lifted its position in Great Lakes Dredge & Dock by 9.8% in the 3rd quarter. Harvey Partners LLC now owns 3,647,500 shares of the construction company’s stock valued at $38,408,000 after acquiring an additional 325,500 shares in the last quarter. TCW Group Inc. boosted its stake in Great Lakes Dredge & Dock by 5.0% in the 3rd quarter. TCW Group Inc. now owns 2,095,834 shares of the construction company’s stock worth $22,069,000 after purchasing an additional 99,696 shares during the period. Geode Capital Management LLC increased its holdings in Great Lakes Dredge & Dock by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,561,897 shares of the construction company’s stock worth $16,450,000 after purchasing an additional 22,166 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Great Lakes Dredge & Dock by 0.9% in the third quarter. State Street Corp now owns 1,540,516 shares of the construction company’s stock valued at $16,222,000 after purchasing an additional 13,010 shares in the last quarter. 89.11% of the stock is owned by institutional investors.

Insider Buying and Selling at Great Lakes Dredge & Dock

In other Great Lakes Dredge & Dock news, Director Kathleen M. Shanahan sold 23,238 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $12.63, for a total transaction of $293,495.94. Following the transaction, the director now owns 67,675 shares of the company’s stock, valued at $854,735.25. The trade was a 25.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.20% of the company’s stock.

Great Lakes Dredge & Dock Stock Down 5.3 %

NASDAQ:GLDD opened at $11.15 on Tuesday. The company has a market cap of $750.08 million, a PE ratio of 12.82, a PEG ratio of 0.40 and a beta of 1.17. The stock has a 50-day simple moving average of $11.97 and a 200 day simple moving average of $10.89. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.01 and a current ratio of 1.21. Great Lakes Dredge & Dock Co. has a 52-week low of $6.55 and a 52-week high of $12.89.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.05). Great Lakes Dredge & Dock had a net margin of 7.97% and a return on equity of 13.35%. The business had revenue of $191.17 million during the quarter, compared to analyst estimates of $180.80 million. During the same quarter last year, the business earned ($0.09) earnings per share. On average, sell-side analysts expect that Great Lakes Dredge & Dock Co. will post 0.76 EPS for the current fiscal year.

Great Lakes Dredge & Dock Profile

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.