WINTON GROUP Ltd Buys Shares of 142,940 Everus (NYSE:ECG)

WINTON GROUP Ltd acquired a new position in shares of Everus (NYSE:ECG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 142,940 shares of the company’s stock, valued at approximately $9,398,000. Everus comprises approximately 0.6% of WINTON GROUP Ltd’s portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. SRS Capital Advisors Inc. bought a new stake in shares of Everus in the 4th quarter valued at $26,000. Principal Securities Inc. acquired a new position in shares of Everus during the fourth quarter worth approximately $27,000. HighMark Wealth Management LLC bought a new position in shares of Everus in the fourth quarter valued at $28,000. Crews Bank & Trust acquired a new position in Everus during the 4th quarter valued at about $29,000. Finally, Mendota Financial Group LLC bought a new stake in Everus during the fourth quarter worth $36,000.

Everus Stock Performance

NYSE ECG opened at $36.89 on Thursday. The company’s 50 day moving average price is $52.60. Everus has a twelve month low of $36.28 and a twelve month high of $77.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58.

Everus (NYSE:ECG) last issued its earnings results on Tuesday, February 11th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.06). As a group, equities analysts predict that Everus will post 2.49 EPS for the current year.

Insider Activity at Everus

In related news, Director Edward A. Ryan bought 1,400 shares of the company’s stock in a transaction on Tuesday, February 25th. The shares were acquired at an average cost of $38.02 per share, for a total transaction of $53,228.00. Following the purchase, the director now directly owns 14,928 shares of the company’s stock, valued at approximately $567,562.56. The trade was a 10.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rocca Michael Della purchased 1,050 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average price of $47.56 per share, for a total transaction of $49,938.00. Following the purchase, the director now owns 2,027 shares of the company’s stock, valued at approximately $96,404.12. This trade represents a 107.47 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 3,750 shares of company stock worth $153,853.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ECG shares. Oppenheimer lifted their price target on Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Wolfe Research initiated coverage on Everus in a report on Tuesday, December 3rd. They set a “peer perform” rating on the stock. Finally, Stifel Nicolaus reduced their price target on shares of Everus from $85.00 to $67.00 and set a “buy” rating for the company in a research report on Thursday, February 13th.

Everus Company Profile

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.