Healthcare of Ontario Pension Plan Trust Fund Acquires 3,258 Shares of Ameresco, Inc. (NYSE:AMRC)

Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Ameresco, Inc. (NYSE:AMRC) by 9.0% during the third quarter, Holdings Channel.com reports. The firm owned 39,594 shares of the utilities provider’s stock after acquiring an additional 3,258 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Ameresco were worth $1,502,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AMRC. Vanguard Group Inc. boosted its position in Ameresco by 1.2% during the first quarter. Vanguard Group Inc. now owns 3,145,838 shares of the utilities provider’s stock valued at $75,909,000 after purchasing an additional 36,303 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Ameresco by 51.5% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 9,931 shares of the utilities provider’s stock worth $239,000 after purchasing an additional 3,374 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Ameresco by 34.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,931 shares of the utilities provider’s stock valued at $650,000 after buying an additional 6,875 shares during the last quarter. Tidal Investments LLC grew its stake in shares of Ameresco by 51.4% in the first quarter. Tidal Investments LLC now owns 40,834 shares of the utilities provider’s stock valued at $985,000 after buying an additional 13,869 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Ameresco by 1,215.2% during the second quarter. GAMMA Investing LLC now owns 3,117 shares of the utilities provider’s stock worth $90,000 after buying an additional 2,880 shares during the last quarter. Institutional investors own 99.24% of the company’s stock.

Ameresco Stock Performance

Shares of NYSE AMRC opened at $28.17 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 28.17, a P/E/G ratio of 0.98 and a beta of 1.82. The stock’s fifty day moving average price is $31.60 and its two-hundred day moving average price is $31.26. Ameresco, Inc. has a one year low of $17.55 and a one year high of $39.68.

Analyst Ratings Changes

A number of analysts have commented on the stock. Jefferies Financial Group initiated coverage on shares of Ameresco in a research note on Wednesday, September 4th. They issued a “hold” rating and a $33.00 price target for the company. UBS Group raised their target price on shares of Ameresco from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. StockNews.com raised Ameresco to a “sell” rating in a research report on Tuesday, November 12th. Piper Sandler upped their price objective on Ameresco from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday, October 22nd. Finally, Robert W. Baird lifted their target price on Ameresco from $32.00 to $42.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.91.

Ameresco Company Profile

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.