Centiva Capital LP Invests $162,000 in Centuri Holdings, Inc. (NYSE:CTRI)

Centiva Capital LP purchased a new stake in Centuri Holdings, Inc. (NYSE:CTRI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,053 shares of the company’s stock, valued at approximately $162,000.

Several other institutional investors have also added to or reduced their stakes in CTRI. BNP Paribas Financial Markets grew its position in Centuri by 39.3% during the third quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company’s stock worth $110,000 after buying an additional 1,927 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of Centuri by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 8,243 shares of the company’s stock worth $133,000 after purchasing an additional 4,645 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Centuri in the third quarter worth $211,000. Rhumbline Advisers acquired a new position in Centuri in the second quarter valued at about $300,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Centuri during the third quarter worth about $256,000.

Analyst Ratings Changes

CTRI has been the topic of several recent analyst reports. Robert W. Baird raised their target price on shares of Centuri from $19.00 to $21.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price objective on shares of Centuri from $16.00 to $17.00 and gave the company an “underweight” rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a sell rating, two have issued 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.com, the company has an average rating of “Moderate Buy” and an average price target of $18.40.

Centuri Price Performance

Shares of Centuri stock opened at $21.03 on Friday. The firm’s 50 day moving average is $19.61 and its 200 day moving average is $19.50. Centuri Holdings, Inc. has a 1 year low of $14.47 and a 1 year high of $28.65. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.70.

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.