Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Shares Bought by Jennison Associates LLC

Jennison Associates LLC grew its stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,722,754 shares of the company’s stock after purchasing an additional 167,262 shares during the quarter. Jennison Associates LLC’s holdings in Concrete Pumping were worth $11,474,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. SG Americas Securities LLC bought a new position in Concrete Pumping during the 4th quarter worth approximately $81,000. JPMorgan Chase & Co. raised its holdings in shares of Concrete Pumping by 128.5% during the third quarter. JPMorgan Chase & Co. now owns 73,831 shares of the company’s stock worth $427,000 after purchasing an additional 41,524 shares during the period. Barclays PLC lifted its position in shares of Concrete Pumping by 82.6% in the 3rd quarter. Barclays PLC now owns 51,560 shares of the company’s stock worth $299,000 after buying an additional 23,329 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Concrete Pumping by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 564,751 shares of the company’s stock valued at $3,270,000 after buying an additional 6,025 shares during the period. Finally, Mill Road Capital Management LLC grew its position in shares of Concrete Pumping by 96.8% during the 3rd quarter. Mill Road Capital Management LLC now owns 1,070,405 shares of the company’s stock valued at $6,198,000 after buying an additional 526,379 shares during the last quarter. Institutional investors own 34.20% of the company’s stock.

Concrete Pumping Stock Performance

Shares of NASDAQ BBCP opened at $7.82 on Thursday. The company has a quick ratio of 1.89, a current ratio of 1.99 and a debt-to-equity ratio of 1.16. The firm’s 50-day moving average price is $7.45 and its two-hundred day moving average price is $6.46. Concrete Pumping Holdings, Inc. has a 52-week low of $5.05 and a 52-week high of $9.68. The stock has a market capitalization of $414.46 million, a P/E ratio of 30.08 and a beta of 1.14.

Concrete Pumping (NASDAQ:BBCP) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Concrete Pumping had a return on equity of 6.19% and a net margin of 3.81%. As a group, sell-side analysts forecast that Concrete Pumping Holdings, Inc. will post 0.43 earnings per share for the current year.

Concrete Pumping Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 24th were given a $1.00 dividend. The ex-dividend date was Friday, January 24th.

Concrete Pumping 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.