15,421 Shares in Dycom Industries, Inc. (DY) Purchased by Aurora Investment Counsel

Aurora Investment Counsel bought a new position in Dycom Industries, Inc. (NYSE:DY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,421 shares of the construction company’s stock, valued at approximately $1,718,000.

A number of other large investors have also recently added to or reduced their stakes in DY. Vanguard Group Inc. grew its position in shares of Dycom Industries by 0.7% in the second quarter. Vanguard Group Inc. now owns 2,454,547 shares of the construction company’s stock valued at $219,732,000 after purchasing an additional 17,420 shares in the last quarter. Argent Capital Management LLC purchased a new position in shares of Dycom Industries in the second quarter valued at $376,000. Castleark Management LLC purchased a new position in shares of Dycom Industries in the second quarter valued at $10,984,000. Wellington Shields Capital Management LLC purchased a new position in shares of Dycom Industries in the third quarter valued at $966,000. Finally, Thompson Siegel & Walmsley LLC grew its position in shares of Dycom Industries by 12.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 330,772 shares of the construction company’s stock valued at $28,406,000 after purchasing an additional 36,034 shares in the last quarter.

Shares of Dycom Industries, Inc. (NYSE:DY) opened at $113.52 on Friday. The stock has a market capitalization of $3,478.14, a price-to-earnings ratio of 26.77, a P/E/G ratio of 2.23 and a beta of 1.38. Dycom Industries, Inc. has a 52 week low of $73.95 and a 52 week high of $115.38. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.86 and a current ratio of 3.16.

Dycom Industries (NYSE:DY) last posted its quarterly earnings data on Monday, November 20th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.09. The company had revenue of $756.20 million during the quarter, compared to analyst estimates of $729.35 million. Dycom Industries had a return on equity of 22.49% and a net margin of 4.46%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the company earned $1.67 earnings per share. equities analysts expect that Dycom Industries, Inc. will post 4.09 EPS for the current fiscal year.

Several equities analysts have recently weighed in on the company. ValuEngine upgraded Dycom Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. KeyCorp reiterated a “buy” rating and issued a $118.00 price target on shares of Dycom Industries in a research report on Thursday, December 21st. Stephens lifted their price objective on Dycom Industries from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, December 20th. Stifel Nicolaus reissued a “buy” rating and set a $126.00 price objective (up previously from $120.00) on shares of Dycom Industries in a research note on Monday, December 11th. Finally, Zacks Investment Research raised Dycom Industries from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $115.10.

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About Dycom Industries

Dycom Industries, Inc is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Institutional Ownership by Quarter for Dycom Industries (NYSE:DY)

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