Csenge Advisory Group Sells 4,617 Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL)

Csenge Advisory Group trimmed its stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 29.8% in the 4th quarter, HoldingsChannel reports. The fund owned 10,861 shares of the construction company’s stock after selling 4,617 shares during the quarter. Csenge Advisory Group’s holdings in Sterling Infrastructure were worth $1,830,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Chartwell Investment Partners LLC raised its position in shares of Sterling Infrastructure by 0.8% in the 3rd quarter. Chartwell Investment Partners LLC now owns 8,958 shares of the construction company’s stock worth $1,299,000 after acquiring an additional 70 shares in the last quarter. Willis Investment Counsel raised its position in shares of Sterling Infrastructure by 1.4% in the 4th quarter. Willis Investment Counsel now owns 7,535 shares of the construction company’s stock worth $1,269,000 after acquiring an additional 101 shares in the last quarter. Quarry LP raised 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 worth $25,000 after acquiring an additional 143 shares in the last quarter. Signaturefd LLC raised its position in shares of Sterling Infrastructure by 119.3% in the 3rd quarter. Signaturefd LLC now owns 296 shares of the construction company’s stock worth $43,000 after acquiring an additional 161 shares in the last quarter. Finally, Aprio Wealth Management LLC raised its position in shares of Sterling Infrastructure by 5.4% in the 4th quarter. Aprio Wealth Management LLC now owns 3,161 shares of the construction company’s stock worth $532,000 after acquiring an additional 161 shares in the last quarter. 80.95% of the stock is owned by institutional investors.

Sterling Infrastructure Stock Up 1.8 %

Shares of STRL stock opened at $132.40 on Monday. Sterling Infrastructure, Inc. has a 1-year low of $81.25 and a 1-year high of $206.07. The stock’s fifty day moving average price is $166.52 and its 200 day moving average price is $154.28. 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 company has a market cap of $4.07 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24.

Analyst Ratings Changes

Several research firms have recently commented on STRL. William Blair assumed coverage on Sterling Infrastructure in a research report on Friday, January 17th. They issued an “outperform” rating for the company. StockNews.com downgraded Sterling Infrastructure from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Insider Buying and Selling

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $175.89, for a total transaction of $351,780.00. Following the sale, the director now owns 25,901 shares in the company, valued at approximately $4,555,726.89. The trade was a 7.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.70% of the stock is owned by company insiders.

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.