Stantec (USA) (STN) : Segantii Capital Management Ltd added new position in Stantec (USA) during the most recent quarter end. The investment management firm now holds 50,000 shares of Stantec (USA) which is valued at $1.3 Million , the company said in a statement filed on May 12, 2016 with the SEC.Stantec (USA) makes up approximately 0.31% of Segantii Capital Management Ltd’s portfolio.
Other Hedge Funds, Including , Bank Of Nova Scotia Trust Co boosted its stake in STN in the latest quarter, The investment management firm added 315 additional shares and now holds a total of 9,561 shares of Stantec (USA) which is valued at $240,268. Stantec (USA) makes up approx 0.03% of Bank Of Nova Scotia Trust Co’s portfolio.Financial Counselors Inc reduced its stake in STN by selling 323 shares or 3.39% in the most recent quarter. The Hedge Fund company now holds 9,214 shares of STN which is valued at $231,548. Stantec (USA) makes up approx 0.01% of Financial Counselors Inc’s portfolio.Penserra Capital Management boosted its stake in STN in the latest quarter, The investment management firm added 532 additional shares and now holds a total of 1,596 shares of Stantec (USA) which is valued at $40,107. Stantec (USA) makes up approx 0.01% of Penserra Capital Management’s portfolio.
Stantec (USA) opened for trading at $24.75 and hit $24.96 on the upside on Friday, eventually ending the session at $24.83, with a gain of 0.73% or 0.18 points. The heightened volatility saw the trading volume jump to 6,578 shares. Company has a market cap of $2,828 M.
On the company’s financial health, Stantec (USA) reported $0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.17 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $0.44. The company had revenue of $710.40 million for the quarter, compared to analysts expectations of $590.01 million. The company’s revenue was up 1.5% compared to the same quarter last year.
Many Wall Street Analysts have commented on Stantec (USA). Stantec (USA) was Upgraded by Raymond James to ” Outperform” on May 13, 2016. Stantec (USA) was Downgraded by DA Davidson to ” Neutral” on Apr 14, 2016. Stantec (USA) was Downgraded by Raymond James to ” Mkt Perform” on Feb 26, 2016.
Stantec Inc. (Stantec) is engaged in providing planning engineering architecture interior design landscape architecture surveying environmental sciences project management and project economics. The Companys three business operating units include Buildings Energy & Resources and Infrastructure. The Companys Buildings business operating unit consists of services in architecture buildings engineering project management interior design and functional planning for vertical infrastructure. The Energy & Resources business operating unit is composed of environmental services industrial engineering services project management and construction management services primarily for private sector clients. Its Infrastructure business operating unit is engaged in the design and engineering services and also project and construction management. It operates in three geographic regional operating units: Canada the United States and International.