Little House Capital LLC Has $1.31 Million Stock Position in Sterling Infrastructure, Inc. (NASDAQ:STRL)

Little House Capital LLC lifted its stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,758 shares of the construction company’s stock after buying an additional 203 shares during the period. Little House Capital LLC’s holdings in Sterling Infrastructure were worth $1,307,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of STRL. Creative Planning raised its stake in Sterling Infrastructure by 53.5% during the third quarter. Creative Planning now owns 4,687 shares of the construction company’s stock worth $680,000 after acquiring an additional 1,634 shares in the last quarter. Bleakley Financial Group LLC bought a new stake in shares of Sterling Infrastructure in the 3rd quarter worth about $858,000. Stratos Wealth Partners LTD. increased its position in shares of Sterling Infrastructure by 19.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 46,316 shares of the construction company’s stock worth $6,717,000 after purchasing an additional 7,454 shares in the last quarter. Blue Trust Inc. lifted its holdings in Sterling Infrastructure by 16.6% during the 3rd quarter. Blue Trust Inc. now owns 1,246 shares of the construction company’s stock valued at $181,000 after purchasing an additional 177 shares during the last quarter. Finally, Chicago Capital LLC acquired a new position in Sterling Infrastructure in the third quarter valued at about $226,000. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Stock Up 1.8 %

Shares of NASDAQ STRL opened at $132.40 on Friday. Sterling Infrastructure, Inc. has a 12-month low of $81.25 and a 12-month high of $206.07. The firm’s 50-day simple moving average is $166.52 and its 200 day simple moving average is $154.01. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24.

Insiders Place Their Bets

In other Sterling Infrastructure news, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $175.89, for a total value of $351,780.00. Following the transaction, the director now directly owns 25,901 shares in the company, valued at approximately $4,555,726.89. This trade represents a 7.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on STRL. StockNews.com lowered shares of Sterling Infrastructure from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. William Blair began coverage on Sterling Infrastructure in a report on Friday, January 17th. They set an “outperform” rating for the company.

Sterling Infrastructure Company Profile

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.