BNP Paribas Financial Markets Grows Position in Centuri Holdings, Inc. (NYSE:CTRI)

BNP Paribas Financial Markets increased its holdings in Centuri Holdings, Inc. (NYSE:CTRI) by 39.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,827 shares of the company’s stock after purchasing an additional 1,927 shares during the period. BNP Paribas Financial Markets’ holdings in Centuri were worth $110,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in shares of Centuri in the second quarter worth approximately $2,757,000. Davidson Kempner Capital Management LP bought a new stake in Centuri in the 2nd quarter worth approximately $1,500,000. Ghisallo Capital Management LLC bought a new stake in Centuri in the 2nd quarter worth approximately $3,409,000. Point72 DIFC Ltd purchased a new stake in Centuri during the 2nd quarter valued at $657,000. Finally, Versant Capital Management Inc bought a new position in shares of Centuri during the 3rd quarter valued at $1,153,000.

Centuri Price Performance

NYSE:CTRI opened at $19.45 on Thursday. Centuri Holdings, Inc. has a one year low of $14.47 and a one year high of $28.65. The business has a fifty day moving average price of $19.79 and a 200-day moving average price of $19.31. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.64 and a current ratio of 1.64.

Analyst Ratings Changes

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

Centuri Company 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.