16,558 Shares in Sterling Infrastructure, Inc. (NASDAQ:STRL) Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG acquired a new stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,558 shares of the construction company’s stock, valued at approximately $2,789,000. B. Metzler seel. Sohn & Co. AG owned approximately 0.05% of Sterling Infrastructure at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quarry LP boosted its position in shares of Sterling Infrastructure by 510.7% in the 3rd quarter. Quarry LP now owns 171 shares of the construction company’s stock valued at $25,000 after purchasing an additional 143 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Sterling Infrastructure in the fourth quarter valued at approximately $39,000. Arcadia Investment Management Corp MI acquired a new stake in shares of Sterling Infrastructure in the fourth quarter valued at approximately $71,000. Venturi Wealth Management LLC grew its position in shares of Sterling Infrastructure by 1,369.0% during the fourth quarter. Venturi Wealth Management LLC now owns 617 shares of the construction company’s stock worth $104,000 after acquiring an additional 575 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Sterling Infrastructure by 102.8% in the 4th quarter. IFP Advisors Inc now owns 657 shares of the construction company’s stock valued at $111,000 after acquiring an additional 333 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on STRL shares. DA Davidson upgraded shares of Sterling Infrastructure from a “neutral” rating to a “buy” rating and set a $185.00 price target for the company in a research note on Thursday, February 27th. StockNews.com upgraded shares of Sterling Infrastructure from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, William Blair assumed coverage on Sterling Infrastructure in a report on Friday, January 17th. They set an “outperform” rating on the stock.

Sterling Infrastructure Price Performance

Sterling Infrastructure stock opened at $115.64 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.29 and a quick ratio of 1.29. The business has a 50 day simple moving average of $132.09 and a 200-day simple moving average of $156.35. Sterling Infrastructure, Inc. has a 12 month low of $93.50 and a 12 month high of $206.07. The stock has a market capitalization of $3.52 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.