Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Shares Acquired by Heirloom Wealth Management

Heirloom Wealth Management increased its holdings in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 20.1% during the 4th quarter, HoldingsChannel reports. The fund owned 59,254 shares of the company’s stock after acquiring an additional 9,920 shares during the quarter. Heirloom Wealth Management’s holdings in Concrete Pumping were worth $486,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Royce & Associates LP lifted its stake in shares of Concrete Pumping by 0.6% in the first quarter. Royce & Associates LP now owns 1,948,855 shares of the company’s stock worth $13,252,000 after acquiring an additional 11,600 shares in the last quarter. Vanguard Group Inc. raised its stake in Concrete Pumping by 8.6% during the third quarter. Vanguard Group Inc. now owns 1,918,714 shares of the company’s stock valued at $16,463,000 after buying an additional 151,489 shares in the last quarter. Jennison Associates LLC raised its stake in Concrete Pumping by 1.2% during the third quarter. Jennison Associates LLC now owns 1,822,825 shares of the company’s stock valued at $15,640,000 after buying an additional 22,290 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Concrete Pumping by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 899,354 shares of the company’s stock valued at $7,222,000 after buying an additional 110,425 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Concrete Pumping by 2.4% during the first quarter. Geode Capital Management LLC now owns 498,506 shares of the company’s stock valued at $3,390,000 after buying an additional 11,755 shares in the last quarter. Institutional investors and hedge funds own 34.20% of the company’s stock.

Insider Buying and Selling

In other Concrete Pumping news, CEO Bruce F. Young sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $7.09, for a total value of $35,450.00. Following the completion of the sale, the chief executive officer now directly owns 2,049,275 shares in the company, valued at $14,529,359.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 27.40% of the company’s stock.

Concrete Pumping Stock Performance

NASDAQ BBCP remained flat at $6.66 on Friday. The company’s stock had a trading volume of 53,579 shares, compared to its average volume of 77,096. The company has a fifty day moving average price of $7.82 and a 200-day moving average price of $7.83. Concrete Pumping Holdings, Inc. has a 12-month low of $6.12 and a 12-month high of $9.15. The stock has a market capitalization of $358.77 million, a P/E ratio of 19.03 and a beta of 1.08. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.10 and a quick ratio of 1.01.

Concrete Pumping (NASDAQ:BBCP) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.05). The firm had revenue of $97.71 million for the quarter, compared to analyst estimates of $98.25 million. Concrete Pumping had a net margin of 4.81% and a return on equity of 7.76%. As a group, equities research analysts expect that Concrete Pumping Holdings, Inc. will post 0.45 earnings per share for the current year.

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.