Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Shares Sold by Heirloom Wealth Management

Heirloom Wealth Management lessened its stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 48.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,688 shares of the company’s stock after selling 34,000 shares during the period. Heirloom Wealth Management’s holdings in Concrete Pumping were worth $244,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BBCP. Dimensional Fund Advisors LP lifted its position in Concrete Pumping by 6.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,550,933 shares of the company’s stock valued at $9,322,000 after purchasing an additional 91,469 shares during the period. Diamond Hill Capital Management Inc. boosted its stake in shares of Concrete Pumping by 4.3% in the third quarter. Diamond Hill Capital Management Inc. now owns 1,095,124 shares of the company’s stock valued at $6,341,000 after buying an additional 45,479 shares in the last quarter. Mill Road Capital Management LLC grew its holdings in Concrete Pumping by 96.8% during the third quarter. Mill Road Capital Management LLC now owns 1,070,405 shares of the company’s stock worth $6,198,000 after acquiring an additional 526,379 shares during the period. Geode Capital Management LLC raised its position in Concrete Pumping by 1.1% in the third quarter. Geode Capital Management LLC now owns 564,751 shares of the company’s stock worth $3,270,000 after acquiring an additional 6,025 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new stake in Concrete Pumping in the third quarter valued at $2,933,000. 34.20% of the stock is owned by institutional investors and hedge funds.

Concrete Pumping Stock Performance

NASDAQ:BBCP opened at $8.31 on Monday. The firm’s fifty day simple moving average is $7.11 and its 200-day simple moving average is $6.37. The company has a quick ratio of 1.89, a current ratio of 1.99 and a debt-to-equity ratio of 1.16. The stock has a market cap of $440.43 million, a PE ratio of 31.96 and a beta of 1.12. Concrete Pumping Holdings, Inc. has a fifty-two week low of $5.05 and a fifty-two week high of $9.68.

Concrete Pumping (NASDAQ:BBCP) last issued its earnings results on Wednesday, January 8th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%. Analysts expect that Concrete Pumping Holdings, Inc. will post 0.43 earnings per share for the current fiscal year.

Concrete Pumping Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, January 24th.

About Concrete Pumping

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.