Bard Associates Inc. Decreases Stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP)

Bard Associates Inc. lowered its position in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 13.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 67,425 shares of the company’s stock after selling 10,750 shares during the period. Bard Associates Inc. owned 0.13% of Concrete Pumping worth $449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in Concrete Pumping by 128.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,831 shares of the company’s stock valued at $427,000 after purchasing an additional 41,524 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Concrete Pumping in the 4th quarter worth $81,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Concrete Pumping in the 3rd quarter worth $2,933,000. Geode Capital Management LLC increased its stake in shares of Concrete Pumping by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 564,751 shares of the company’s stock worth $3,270,000 after acquiring an additional 6,025 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Concrete Pumping by 82.6% in the 3rd quarter. Barclays PLC now owns 51,560 shares of the company’s stock worth $299,000 after acquiring an additional 23,329 shares during the last quarter. Hedge funds and other institutional investors own 34.20% of the company’s stock.

Concrete Pumping Stock Down 2.4 %

Shares of BBCP opened at $6.38 on Tuesday. Concrete Pumping Holdings, Inc. has a 52-week low of $5.05 and a 52-week high of $9.68. The company has a market capitalization of $338.16 million, a PE ratio of 24.54 and a beta of 1.15. The stock has a fifty day simple moving average of $7.45 and a two-hundred day simple moving average of $6.55. The company has a quick ratio of 1.89, a current ratio of 1.99 and a debt-to-equity ratio of 1.16.

Concrete Pumping (NASDAQ:BBCP) last issued its earnings results on Wednesday, January 8th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Concrete Pumping had a return on equity of 6.19% and a net margin of 3.81%. As a group, equities analysts forecast that Concrete Pumping Holdings, Inc. will post 0.43 EPS for the current year.

Concrete Pumping Announces Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 24th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, January 24th.

Concrete Pumping Company Profile

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.