California Public Employees Retirement System Purchases 1,552 Shares of Willdan Group, Inc. (NASDAQ:WLDN)

California Public Employees Retirement System lifted its holdings in Willdan Group, Inc. (NASDAQ:WLDN) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,737 shares of the construction company’s stock after acquiring an additional 1,552 shares during the quarter. California Public Employees Retirement System’s holdings in Willdan Group were worth $587,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Conestoga Capital Advisors LLC increased its holdings in Willdan Group by 4.2% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 11,130 shares of the construction company’s stock valued at $390,000 after purchasing an additional 450 shares in the last quarter. Summit Global Investments boosted its stake in Willdan Group by 3.0% in the second quarter. Summit Global Investments now owns 20,700 shares of the construction company’s stock worth $771,000 after purchasing an additional 600 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Willdan Group during the second quarter worth $27,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Willdan Group by 3.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 25,005 shares of the construction company’s stock worth $932,000 after purchasing an additional 849 shares during the last quarter. Finally, Advisor Group Inc. increased its stake in shares of Willdan Group by 6.2% in the second quarter. Advisor Group Inc. now owns 32,404 shares of the construction company’s stock valued at $1,207,000 after buying an additional 1,902 shares in the last quarter. 86.55% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on WLDN shares. Zacks Investment Research reaffirmed a “sell” rating on shares of Willdan Group in a report on Saturday, October 5th. ValuEngine lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Monday, November 11th. TheStreet cut shares of Willdan Group from a “b” rating to a “c+” rating in a research report on Friday, November 1st. Finally, BidaskClub raised shares of Willdan Group from a “sell” rating to a “hold” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $42.50.

WLDN stock opened at $28.13 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.47 and a quick ratio of 1.47. The company has a 50 day moving average price of $31.56 and a 200 day moving average price of $34.10. Willdan Group, Inc. has a fifty-two week low of $26.39 and a fifty-two week high of $40.70. The stock has a market capitalization of $322.63 million, a PE ratio of 18.27 and a beta of 1.04.

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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