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Great Lakes Dock and Dredge Company

Could Great Lakes Dredge & Dock Corporation Lose Strength? The Stock Increases A Lot Today

Investors sentiment increased to 1.61 in Q4 2018. It's up 0.30, from 1.31 in 2018Q3. It is positive, as 4 investors sold Great Lakes Dredge & Dock Corporation shares while 32 reduced holdings. 32 funds opened positions while 26 raised stakes. 43.74 million shares or 0.86% more from 43.37 million shares in 2018Q3 were reported.

Prescott Group Mgmt Ltd owns 781,227 shares for 1.01% of their portfolio. 35,000 are held by Deltec Asset Management Limited Com. North Star Inv Management invested in 550 shares. Alliancebernstein Lp holds 42,400 shares. State Street invested in 0% or 1.05M shares. 317,500 were accumulated by Hillsdale Invest Mngmt. Essex Inv Mngmt Ltd Liability Corporation holds 0.32% of its portfolio in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) for 311,264 shares. Ameritas Inv reported 5,123 shares. Susquehanna Int Ltd Liability Partnership reported 96,895 shares stake. Manufacturers Life Ins The invested in 0% or 38,522 shares. Bridgeway Cap Mngmt Inc has invested 0.03% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Prelude Mngmt Ltd Company has 12,063 shares. Engineers Gate Manager L P holds 0.03% of its portfolio in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) for 48,938 shares. Segall Bryant And Hamill Ltd owns 0.28% invested in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) for 2.42M shares. Kbc Grp Nv invested in 0% or 37,332 shares.

Since December 13, 2018, it had 0 buys, and 1 insider sale for $941,495 activity.

The stock of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) is a huge mover today! The stock increased 0.32% or $0.03 during the last trading session, reaching $9.48. About 110,822 shares traded. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has risen 87.25% since April 9, 2018 and is uptrending. It has outperformed by 82.88% the S&P500.


The move comes after 5 months positive chart setup for the $596.34M company. It was reported on Apr, 9 by Barchart.com. We have $9.86 PT which if reached, will make NASDAQ:GLDD worth $23.85 million more.

Analysts await Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) to report earnings on May, 1. They expect $0.07 earnings per share, up 200.00 % or $0.14 from last year’s $-0.07 per share. GLDD’s profit will be $4.40M for 33.86 P/E if the $0.07 EPS becomes a reality. After $0.14 actual earnings per share reported by Great Lakes Dredge & Dock Corporation for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

More notable recent Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) news were published by: Seekingalpha.com which released: “Great Lakes wins first dredging contract in Corpus Christi Channel project – Seeking Alpha” on January 04, 2019, also Nasdaq.com with their article: “5 Factors That Underscore EMCOR’s Solid Growth Prospects – Nasdaq” published on March 05, 2019, Nasdaq.compublished: “5 Construction Stocks Likely to Defy Industry Odds in 2019 – Nasdaq” on January 11, 2019. More interesting news about Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) were released by: Nasdaq.com and their article: “Jacobs (JEC) Wins Contract Extension, Fortifies BIAF Business – Nasdaq” published on March 07, 2019 as well as Nasdaq.com‘s news article titled: “Lennar (LEN) Divests Rialto Capital to Stone Point for $340M – Nasdaq” with publication date: December 04, 2018.

Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company has market cap of $596.34 million. It operates in two divisions, Dredging and Environmental & Infrastructure. It currently has negative earnings. The Dredging segment is involved in capital dredging that consists of port expansion projects, land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Institutional Positions Chart


Read also Great Lakes Dredge & Dock Stock Upgraded: What You Need to Know (The Motely Fool, Feb. 21, 2019)