Sterling Construction Company, Inc. (NASDAQ:STRL) Holdings Decreased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. decreased its holdings in shares of Sterling Construction Company, Inc. (NASDAQ:STRL) by 49.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,402 shares of the construction company’s stock after selling 6,332 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Sterling Construction were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. D.A. Davidson & CO. lifted its position in shares of Sterling Construction by 5.5% in the third quarter. D.A. Davidson & CO. now owns 16,200 shares of the construction company’s stock worth $229,000 after buying an additional 850 shares during the last quarter. California Public Employees Retirement System grew its position in Sterling Construction by 2.0% during the 3rd quarter. California Public Employees Retirement System now owns 62,876 shares of the construction company’s stock worth $890,000 after acquiring an additional 1,245 shares during the last quarter. California State Teachers Retirement System grew its position in Sterling Construction by 3.6% during the 3rd quarter. California State Teachers Retirement System now owns 41,805 shares of the construction company’s stock worth $592,000 after acquiring an additional 1,460 shares during the last quarter. 1492 Capital Management LLC grew its position in Sterling Construction by 6.4% during the 3rd quarter. 1492 Capital Management LLC now owns 42,014 shares of the construction company’s stock worth $595,000 after acquiring an additional 2,510 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Sterling Construction by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 439,683 shares of the construction company’s stock worth $6,407,000 after buying an additional 2,514 shares in the last quarter. Institutional investors and hedge funds own 81.80% of the company’s stock.

NASDAQ:STRL opened at $21.66 on Tuesday. The stock’s fifty day moving average price is $21.83 and its two-hundred day moving average price is $17.13. Sterling Construction Company, Inc. has a 52-week low of $6.72 and a 52-week high of $24.49. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $608.67 million, a price-to-earnings ratio of 10.36 and a beta of 1.43.

Sterling Construction Company Profile

Sterling Construction Company, Inc, a construction company, engages in the heavy civil construction, specialty services, and residential construction activities primarily in the southern United States, the Rocky Mountain states, California, and Hawaii. The company undertakes various heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems, foundations for multi-family homes, commercial concrete projects, and parking structures for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads, as well as commercial construction customers.

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Institutional Ownership by Quarter for Sterling Construction (NASDAQ:STRL)

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