Geode Capital Management LLC Purchases 6,025 Shares of Concrete Pumping Holdings, Inc. (NASDAQ:BBCP)

Geode Capital Management LLC boosted its stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 564,751 shares of the company’s stock after purchasing an additional 6,025 shares during the period. Geode Capital Management LLC’s holdings in Concrete Pumping were worth $3,270,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BBCP. Rhumbline Advisers boosted its holdings in Concrete Pumping by 4.4% in the second quarter. Rhumbline Advisers now owns 38,239 shares of the company’s stock valued at $230,000 after acquiring an additional 1,623 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Concrete Pumping by 5.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 71,900 shares of the company’s stock worth $432,000 after buying an additional 3,650 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Concrete Pumping in the 2nd quarter worth $26,000. Heirloom Wealth Management raised its position in Concrete Pumping by 8.8% in the third quarter. Heirloom Wealth Management now owns 70,688 shares of the company’s stock worth $409,000 after acquiring an additional 5,717 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Concrete Pumping in the third quarter worth about $36,000. Hedge funds and other institutional investors own 34.20% of the company’s stock.

Concrete Pumping Stock Down 2.6 %

BBCP opened at $6.62 on Tuesday. The firm’s fifty day moving average is $6.42 and its 200 day moving average is $6.16. The stock has a market cap of $354.39 million, a price-to-earnings ratio of 25.46 and a beta of 1.12. Concrete Pumping Holdings, Inc. has a fifty-two week low of $5.05 and a fifty-two week high of $8.48. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.44 and a current ratio of 1.54.

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.