Vanguard Group Inc. grew its holdings in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 5.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 496,039 shares of the construction company’s stock after acquiring an additional 24,913 shares during the period. Vanguard Group Inc. owned about 4.41% of Willdan Group worth $18,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Willdan Group in the 2nd quarter worth $27,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of Willdan Group in the 2nd quarter worth about $263,000. First Republic Investment Management Inc. bought a new stake in shares of Willdan Group in the 2nd quarter worth about $269,000. Conestoga Capital Advisors LLC increased its holdings in shares of Willdan Group by 19.7% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 10,680 shares of the construction company’s stock worth $398,000 after buying an additional 1,760 shares during the last quarter. Finally, Alps Advisors Inc. increased its holdings in shares of Willdan Group by 102.2% in the 2nd quarter. Alps Advisors Inc. now owns 16,987 shares of the construction company’s stock worth $633,000 after buying an additional 8,585 shares during the last quarter. 86.87% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on WLDN shares. ValuEngine downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. BidaskClub downgraded shares of Willdan Group from a “hold” rating to a “sell” rating in a report on Friday, October 11th. Finally, Zacks Investment Research restated a “sell” rating on shares of Willdan Group in a report on Saturday, October 5th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Willdan Group has a consensus rating of “Hold” and an average price target of $41.67.

Shares of Willdan Group stock traded up $1.89 during trading hours on Friday, reaching $37.40. The company’s stock had a trading volume of 103,084 shares, compared to its average volume of 79,159. The firm has a 50 day moving average price of $36.31 and a 200-day moving average price of $35.76. Willdan Group, Inc. has a one year low of $29.06 and a one year high of $40.70. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market cap of $399.30 million, a P/E ratio of 24.29 and a beta of 1.16.

Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, August 1st. The construction company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.09). Willdan Group had a return on equity of 10.83% and a net margin of 1.62%. The business had revenue of $104.40 million during the quarter, compared to the consensus estimate of $87.13 million. As a group, sell-side analysts forecast that Willdan Group, Inc. will post 1.64 EPS for the current fiscal year.

Willdan Group Profile

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive survey, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services.

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Institutional Ownership by Quarter for Willdan Group (NASDAQ:WLDN)

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