Truist Financial Corp purchased a new stake in Tutor Perini Co. (NYSE:TPC – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,450 shares of the construction company’s stock, valued at approximately $380,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Donald Smith & CO. Inc. increased its holdings in Tutor Perini by 3.9% in the 1st quarter. Donald Smith & CO. Inc. now owns 4,052,678 shares of the construction company’s stock valued at $58,602,000 after buying an additional 152,779 shares during the period. Dimensional Fund Advisors LP increased its holdings in Tutor Perini by 9.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,399,544 shares of the construction company’s stock valued at $52,263,000 after buying an additional 198,348 shares during the period. Vanguard Group Inc. increased its holdings in Tutor Perini by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 2,333,269 shares of the construction company’s stock valued at $33,739,000 after buying an additional 25,246 shares during the period. American Century Companies Inc. increased its holdings in Tutor Perini by 59.9% in the 2nd quarter. American Century Companies Inc. now owns 759,665 shares of the construction company’s stock valued at $16,546,000 after buying an additional 284,627 shares during the period. Finally, Hennessy Advisors Inc. bought a new stake in Tutor Perini in the 2nd quarter valued at $12,362,000. Institutional investors own 65.01% of the company’s stock.
Tutor Perini Stock Down 0.9 %
TPC opened at $27.57 on Friday. The firm’s 50-day simple moving average is $24.04 and its 200-day simple moving average is $21.25. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.65 and a current ratio of 1.65. Tutor Perini Co. has a twelve month low of $6.85 and a twelve month high of $28.13. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of -13.51 and a beta of 1.50.
Tutor Perini Company Profile
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.
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