Integrated Quantitative Investments LLC Buys Shares of 6,971 Northwest Pipe (NASDAQ:NWPX)

Integrated Quantitative Investments LLC bought a new position in Northwest Pipe (NASDAQ:NWPX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,971 shares of the industrial products company’s stock, valued at approximately $336,000.

Other hedge funds also recently modified their holdings of the company. Hillsdale Investment Management Inc. lifted its stake in shares of Northwest Pipe by 0.4% in the 4th quarter. Hillsdale Investment Management Inc. now owns 44,855 shares of the industrial products company’s stock valued at $2,165,000 after purchasing an additional 200 shares during the last quarter. Ellsworth Advisors LLC lifted its position in shares of Northwest Pipe by 3.4% in the fourth quarter. Ellsworth Advisors LLC now owns 16,755 shares of the industrial products company’s stock worth $809,000 after buying an additional 548 shares during the last quarter. Quantbot Technologies LP lifted its position in shares of Northwest Pipe by 40.3% in the fourth quarter. Quantbot Technologies LP now owns 2,093 shares of the industrial products company’s stock worth $101,000 after buying an additional 601 shares during the last quarter. AlphaQuest LLC bought a new stake in shares of Northwest Pipe during the 4th quarter worth about $31,000. Finally, Rhumbline Advisers increased its holdings in shares of Northwest Pipe by 4.9% during the 4th quarter. Rhumbline Advisers now owns 15,159 shares of the industrial products company’s stock valued at $732,000 after acquiring an additional 713 shares during the last quarter. Institutional investors and hedge funds own 80.63% of the company’s stock.

Insider Activity

In other news, CFO Aaron Wilkins sold 1,000 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $44.00, for a total value of $44,000.00. Following the completion of the sale, the chief financial officer now directly owns 23,467 shares in the company, valued at approximately $1,032,548. This trade represents a 4.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 3.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on NWPX shares. Sidoti upgraded shares of Northwest Pipe to a “hold” rating in a report on Tuesday, February 25th. Northland Securities boosted their price objective on shares of Northwest Pipe from $50.00 to $55.00 and gave the stock a “market perform” rating in a report on Friday, January 3rd. Finally, StockNews.com lowered Northwest Pipe from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th.

Northwest Pipe Stock Down 2.6 %

Shares of NASDAQ:NWPX opened at $39.69 on Friday. The company has a market capitalization of $394.32 million, a PE ratio of 13.50, a P/E/G ratio of 2.85 and a beta of 1.09. Northwest Pipe has a 52 week low of $31.16 and a 52 week high of $57.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.27 and a current ratio of 3.20. The company’s fifty day moving average is $45.63 and its 200-day moving average is $47.82.

Northwest Pipe Company Profile

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.