Mutual of America Capital Management LLC Has $863,000 Position in Dycom Industries, Inc. (NYSE:DY)

Mutual of America Capital Management LLC lessened its stake in Dycom Industries, Inc. (NYSE:DY) by 8.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,376 shares of the construction company’s stock after selling 406 shares during the period. Mutual of America Capital Management LLC’s holdings in Dycom Industries were worth $863,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Annapolis Financial Services LLC bought a new stake in Dycom Industries during the 3rd quarter worth approximately $29,000. Anchor Investment Management LLC grew its holdings in shares of Dycom Industries by 50.4% during the second quarter. Anchor Investment Management LLC now owns 194 shares of the construction company’s stock worth $33,000 after purchasing an additional 65 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Dycom Industries by 107.8% during the second quarter. GAMMA Investing LLC now owns 293 shares of the construction company’s stock worth $49,000 after purchasing an additional 152 shares during the last quarter. SJS Investment Consulting Inc. increased its stake in shares of Dycom Industries by 5,071.4% in the second quarter. SJS Investment Consulting Inc. now owns 362 shares of the construction company’s stock valued at $61,000 after buying an additional 355 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Dycom Industries by 196.7% in the second quarter. Signaturefd LLC now owns 359 shares of the construction company’s stock valued at $61,000 after buying an additional 238 shares during the last quarter. 98.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DY has been the topic of a number of recent research reports. Wells Fargo & Company increased their price objective on Dycom Industries from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. B. Riley raised their price target on Dycom Industries from $205.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. DA Davidson reiterated a “buy” rating and issued a $210.00 price objective on shares of Dycom Industries in a report on Tuesday, November 19th. KeyCorp boosted their target price on Dycom Industries from $200.00 to $227.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. Finally, Bank of America upped their price target on Dycom Industries from $198.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $206.13.

Dycom Industries Price Performance

Shares of NYSE DY opened at $180.25 on Wednesday. The company has a market capitalization of $5.26 billion, a PE ratio of 23.78, a P/E/G ratio of 1.47 and a beta of 1.44. The company has a quick ratio of 2.93, a current ratio of 3.12 and a debt-to-equity ratio of 0.89. Dycom Industries, Inc. has a twelve month low of $99.54 and a twelve month high of $207.20. The firm has a fifty day simple moving average of $189.19 and a 200 day simple moving average of $179.73.

Dycom Industries Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.