Is there a Bearish outlook for Sterling Construction Company, Inc. (NASDAQ:STRL) this week?

January 14, 2018 - By Michael Collier

 Is there a Bearish outlook for Sterling Construction Company, Inc. (NASDAQ:STRL) this week?
Investors sentiment decreased to 1 in Q3 2017. Its down 0.92, from 1.92 in 2017Q2. It is negative, as 23 investors sold Sterling Construction Company, Inc. shares while 33 reduced holdings. 27 funds opened positions while 29 raised stakes. 17.96 million shares or 9.85% less from 19.92 million shares in 2017Q2 were reported.
Wellington Mgmt Gru Ltd Liability Partnership holds 0% or 298,628 shares. Hancock Co holds 0.01% or 19,621 shares. Aqr Management holds 36,439 shares or 0% of its portfolio. 1.55M were reported by Dimensional Fund Advisors Ltd Partnership. New York State Common Retirement Fund has 0% invested in Sterling Construction Company, Inc. (NASDAQ:STRL) for 27,600 shares. Bnp Paribas Arbitrage Sa owns 2,522 shares. Linscomb And Williams reported 116,991 shares. California State Teachers Retirement System owns 41,745 shares. Royal Comml Bank Of Canada has 13,120 shares. Oppenheimer & Co has invested 0.01% in Sterling Construction Company, Inc. (NASDAQ:STRL). State Street holds 423,757 shares or 0% of its portfolio. Dalton Greiner Hartman Maher And owns 215,525 shares. Essex Mgmt Co Limited Liability Co has invested 0.28% in Sterling Construction Company, Inc. (NASDAQ:STRL). Rhumbline Advisers stated it has 28,585 shares or 0% of all its holdings. Pacific Ridge Cap Ptnrs Lc stated it has 442,630 shares or 1.91% of all its holdings.

Since December 15, 2017, it had 0 insider purchases, and 2 selling transactions for $519,628 activity.

Sterling Construction Company, Inc. (NASDAQ:STRL) Ratings Coverage

Among 5 analysts covering Sterling Construction (NASDAQ:STRL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Sterling Construction had 13 analyst reports since August 12, 2015 according to SRatingsIntel. Canaccord Genuity maintained the shares of STRL in report on Thursday, August 3 with “Buy” rating. As per Thursday, January 11, the company rating was maintained by Canaccord Genuity. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, October 31 report. Canaccord Genuity maintained it with “Buy” rating and $15.0 target in Thursday, August 24 report. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, August 9. The firm earned “Hold” rating on Thursday, October 5 by KeyBanc Capital Markets. DA Davidson upgraded the stock to “Buy” rating in Monday, May 9 report. The rating was downgraded by BWS Financial to “Hold” on Tuesday, May 3. On Thursday, February 9 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. Below is a list of Sterling Construction Company, Inc. (NASDAQ:STRL) latest ratings and price target changes.

11/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $20.0 Maintain
31/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $20.0 Maintain
05/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
24/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $15.0 Maintain
09/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $15.0000 Maintain
03/08/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $13 New Target: $15 Maintain

The stock increased 3.86% or $0.61 during the last trading session, reaching $16.43. About 328,688 shares traded. Sterling Construction Company, Inc. (NASDAQ:STRL) has risen 121.51% since January 14, 2017 and is uptrending. It has outperformed by 104.81% the S&P500.

Sterling Construction Company, Inc., together with its subsidiaries, operates as a heavy civil construction firm in Texas, Utah, Nevada, Colorado, Arizona, California, Hawaii, and other states in the United States. The company has market cap of $444.45 million. The firm builds, repairs, and reconstructs transportation infrastructure projects, including highways, roads, bridges, airfields, ports, and light rail; and water infrastructure projects comprising water, wastewater, and storm drainage systems. It has a 184.61 P/E ratio. It primarily serves the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads.

More news for Sterling Construction Company, Inc. (NASDAQ:STRL) were recently published by: Prnewswire.com, which released: “What’s Happening With These Heavy Construction Stocks? — Sterling …” on January 10, 2018. Seekingalpha.com‘s article titled: “Sterling Construction: Right Place, Right Time” and published on November 19, 2017 is yet another important article.

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