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Granite Construction (NYSE:GVA) raised to “B-” at TheStreet

Granite building (NYSE: GVAGet a rating) was raised by analysts at TheStreet from a “c+” ranking to a “b-” ranking in a analysis report launched to purchasers and buyers on Wednesday, TheStreetRatingsTable reviews.

A number of different analysis corporations additionally commented on GVA. StockNews.com started protecting Granite Building in a analysis report on Wednesday, October 12. They issued a “maintain” ranking for the corporate. Goldman Sachs Group reduce its worth goal on Granite Building from $32.00 to $28.00 and set a “promote” ranking on the inventory in a Friday, October 14 analysis report.

Granite building commerce up 1.9%

GVA opened at $33.85 on Wednesday. The corporate has a market capitalization of $1.48 billion, a price-earnings ratio of 26.87 and a beta of 1.42. The corporate has a present ratio of 1.52, a fast ratio of 1.44 and a debt ratio of 0.29. Granite Building has a 12 month minimal of $25.35 and a 12 month most of $43.25. The inventory has a fifty-day transferring common worth of $29.01 and a 200-day transferring common worth of $29.96.

Hedge funds weigh in on granite building

Numerous hedge funds have not too long ago modified their positions within the enterprise. Mutual of America Capital Administration LLC elevated its place in Granite Building shares by 5.5% throughout the first quarter. Mutual of America Capital Administration LLC now owns 6,604 shares of the development firm price $217,000 after shopping for 343 further shares throughout the interval. Texas Everlasting Faculty Fund elevated its stake in Granite Building by 1.1% within the second quarter. Texas Everlasting Faculty Fund now owns 32,842 shares of the development firm valued at $957,000 after shopping for 353 further shares final quarter. Instructor Retirement System of Texas elevated its place in Granite Building shares by 5.3% throughout the first quarter. Instructor Retirement System of Texas now owns 9,438 shares of the development firm price $310,000 after shopping for 475 further shares within the final quarter. Moors & Cabot Inc. elevated its place in Granite Building shares by 7.5% throughout the first quarter. Moors & Cabot Inc. now owns 7,161 shares of the development firm price $235,000 after buying an extra 501 shares within the final quarter. Lastly, Raymond James & Associates elevated its place in Granite Building shares by 2.8% throughout the third quarter. Raymond James & Associates now owns 20,702 shares of the development firm price $526,000 after shopping for 558 extra shares final quarter. Institutional buyers and hedge funds personal 99.88% of the corporate’s shares.

Granite Building Firm Profile

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Granite Building Included operates as an infrastructure contractor and producer of constructing supplies in america. It operates by two segments, Building and Supplies segments. The Building section is engaged within the building and rehabilitation of roads, preservation of roadways, bridges, railways, airports, seaports, dams, reservoirs, aqueducts, infrastructure and waterways. growth of web sites for public use.

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