Stantec (USA) (STN) : K.j. Harrison Partners Inc added new position in Stantec (USA) during the most recent quarter end. The investment management firm now holds 52,800 shares of Stantec (USA) which is valued at $1,346,928 , the company said in a statement filed on Jul 26, 2016 with the SEC.Stantec (USA) makes up approximately 0.70% of K.j. Harrison Partners Inc’s portfolio.
Other Hedge Funds, Including , Huntington National Bank reduced its stake in STN by selling 542 shares or 7.49% in the most recent quarter. The Hedge Fund company now holds 6,692 shares of STN which is valued at $170,713.1st Global Advisors boosted its stake in STN in the latest quarter, The investment management firm added 393 additional shares and now holds a total of 10,435 shares of Stantec (USA) which is valued at $264,527. Stantec (USA) makes up approx 0.04% of 1st Global Advisors’s portfolio.Montrusco Bolton Investments boosted its stake in STN in the latest quarter, The investment management firm added 318,920 additional shares and now holds a total of 735,866 shares of Stantec (USA) which is valued at $18,654,203. Stantec (USA) makes up approx 1.14% of Montrusco Bolton Investments’s portfolio.
Stantec (USA) closed down -0.27 points or -1.05% at $25.46 with 18,715 shares getting traded on Friday. Post opening the session at $25.72, the shares hit an intraday low of $25.46 and an intraday high of $25.77 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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 Downgraded by Desjardins to ” Hold” on Jun 3, 2016. Stantec (USA) was Upgraded by Raymond James to ” Outperform” on May 13, 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.