Centuri Holdings, Inc. (NYSE:CTRI) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in Centuri Holdings, Inc. (NYSE:CTRI) by 410.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,657 shares of the company’s stock after purchasing an additional 19,022 shares during the period. Barclays PLC’s holdings in Centuri were worth $382,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BNP Paribas Financial Markets raised its holdings in shares of Centuri by 39.3% during the third quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company’s stock valued at $110,000 after acquiring an additional 1,927 shares during the last quarter. MetLife Investment Management LLC boosted its stake in shares of Centuri by 129.1% in the third quarter. MetLife Investment Management LLC now owns 8,243 shares of the company’s stock worth $133,000 after acquiring an additional 4,645 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of Centuri during the third quarter worth approximately $162,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Centuri in the 3rd quarter valued at $211,000. Finally, Rhumbline Advisers acquired a new position in Centuri during the second quarter worth about $300,000.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CTRI. Robert W. Baird lifted their price target on shares of Centuri from $19.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on Centuri from $16.00 to $17.00 and gave the stock an “underweight” rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Centuri currently has an average rating of “Moderate Buy” and an average target price of $18.40.

Centuri Stock Performance

CTRI stock opened at $20.13 on Friday. The company has a fifty day moving average price of $20.23 and a 200 day moving average price of $18.83. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.70. Centuri Holdings, Inc. has a 12 month low of $14.47 and a 12 month high of $28.65.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.