New York State Common Retirement Fund Grows Stake in Sterling Infrastructure, Inc. (NASDAQ:STRL)


New York State Common Retirement Fund raised its stake in Sterling Infrastructure, Inc. (NASDAQ:STRLFree Report) by 8.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,560 shares of the construction company’s stock after buying an additional 4,842 shares during the period. New York State Common Retirement Fund owned about 0.20% of Sterling Infrastructure worth $4,523,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Jump Financial LLC increased its holdings in shares of Sterling Infrastructure by 55.0% in the 3rd quarter. Jump Financial LLC now owns 22,135 shares of the construction company’s stock worth $1,626,000 after buying an additional 7,853 shares during the last quarter. Great Valley Advisor Group Inc. bought a new position in shares of Sterling Infrastructure during the 3rd quarter valued at $357,000. Harvest Fund Management Co. Ltd grew its holdings in shares of Sterling Infrastructure by 19.5% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 6,181 shares of the construction company’s stock valued at $454,000 after purchasing an additional 1,008 shares during the last quarter. Seizert Capital Partners LLC grew its holdings in shares of Sterling Infrastructure by 3.1% during the 3rd quarter. Seizert Capital Partners LLC now owns 33,691 shares of the construction company’s stock valued at $2,476,000 after purchasing an additional 998 shares during the last quarter. Finally, Versor Investments LP bought a new position in shares of Sterling Infrastructure during the 3rd quarter valued at $943,000. Institutional investors own 80.89% of the company’s stock.

Sterling Infrastructure Price Performance

STRL stock opened at $83.43 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.28 and a current ratio of 1.28. Sterling Infrastructure, Inc. has a 52 week low of $34.23 and a 52 week high of $89.80. The firm’s fifty day moving average is $77.99 and its 200 day moving average is $74.28. The firm has a market cap of $2.57 billion, a P/E ratio of 19.86, a P/E/G ratio of 0.89 and a beta of 1.11.

Sterling Infrastructure Company Profile

(Free Report)

Sterling Infrastructure, Inc engages in the e-infrastructure, transportation, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads.

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Institutional Ownership by Quarter for Sterling Infrastructure (NASDAQ:STRL)



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