Walthausen & Co. LLC Takes Position in Willdan Group, Inc. (NASDAQ:WLDN)

Share on StockTwits

Walthausen & Co. LLC acquired a new stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 50,610 shares of the construction company’s stock, valued at approximately $1,608,000.

Other institutional investors also recently bought and sold shares of the company. William Blair Investment Management LLC grew its holdings in Willdan Group by 139.5% in the 4th quarter. William Blair Investment Management LLC now owns 626,154 shares of the construction company’s stock worth $19,899,000 after acquiring an additional 364,718 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Willdan Group by 11.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 509,728 shares of the construction company’s stock valued at $16,199,000 after purchasing an additional 50,624 shares during the last quarter. DNB Asset Management AS raised its position in shares of Willdan Group by 298.8% in the 4th quarter. DNB Asset Management AS now owns 382,413 shares of the construction company’s stock valued at $12,153,000 after purchasing an additional 286,520 shares during the last quarter. Handelsbanken Fonder AB raised its position in shares of Willdan Group by 19.6% in the 4th quarter. Handelsbanken Fonder AB now owns 378,081 shares of the construction company’s stock valued at $12,015,000 after purchasing an additional 62,079 shares during the last quarter. Finally, Summit Creek Advisors LLC raised its position in shares of Willdan Group by 15.4% in the 4th quarter. Summit Creek Advisors LLC now owns 351,618 shares of the construction company’s stock valued at $11,174,000 after purchasing an additional 46,930 shares during the last quarter. Hedge funds and other institutional investors own 83.30% of the company’s stock.

WLDN traded up $0.98 during trading on Thursday, reaching $20.77. 137,100 shares of the company’s stock were exchanged, compared to its average volume of 98,908. Willdan Group, Inc. has a 1 year low of $17.92 and a 1 year high of $40.70. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $248.67 million, a P/E ratio of 50.66 and a beta of 1.08. The company’s fifty day simple moving average is $30.33 and its 200-day simple moving average is $32.39.

Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, March 5th. The construction company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.14. The firm had revenue of $129.42 million during the quarter, compared to analyst estimates of $106.43 million. Willdan Group had a net margin of 1.09% and a return on equity of 10.75%. Equities analysts forecast that Willdan Group, Inc. will post 1.19 EPS for the current year.

Several equities analysts recently commented on the stock. BidaskClub lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Zacks Investment Research raised shares of Willdan Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 12th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $42.50.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive survey, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services.

Featured Story: What is the Russell 2000 Index?

Want to see what other hedge funds are holding WLDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willdan Group, Inc. (NASDAQ:WLDN).

Institutional Ownership by Quarter for Willdan Group (NASDAQ:WLDN)

Receive News & Ratings for Willdan Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willdan Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply