Tutor Perini Corporation (NYSE:TPC) Short Interest Increased By 6.45%

June 27, 2018 - By Matthew Medley

Tutor Perini Corporation (NYSE:TPC) Corporate Logo

Big Money Sentiment increased to 1.49 in 2018 Q1. It has change of 0.25, from 2017Q4’s 1.24. The ratio is positive due to Tutor Perini Corporation positioning: 20 sold and 39 reduced. 30 funds took positions and 58 increased positions. Investors holded 39.21 million in 2017Q4 but now own 41.10 million shares or 4.80% more.
Victory Cap Mngmt holds 0% of its capital in Tutor Perini Corporation (NYSE:TPC) for 12,223 shs. Stratos Wealth Prtn stated it has 0% of its capital in Tutor Perini Corporation (NYSE:TPC). 367,306 are owned by Hillcrest Asset Mngmt Ltd Liability. Eqis Mngmt invested in 10,098 shs or 0.01% of the stock. Qs Limited Liability invested in 0% or 56 shs. Clearbridge Invests Ltd Liability Company invested 0% of its capital in Tutor Perini Corporation (NYSE:TPC). Monetary Mgmt has invested 0.02% of its capital in Tutor Perini Corporation (NYSE:TPC). Ameriprise Inc has invested 0% in Tutor Perini Corporation (NYSE:TPC). 26,854 are owned by Utd Cap Advisers Llc. Royal Fincl Bank Of Canada reported 30,479 shs. Afam holds 0.43% or 178,930 shs. Sei Invests Com holds 47 shs or 0% of its capital. Barclays Public Ltd has invested 0% in Tutor Perini Corporation (NYSE:TPC). 24,972 were accumulated by Ubs Asset Mngmt Americas. Wellington Mngmt Group Llp stated it has 0% of its capital in Tutor Perini Corporation (NYSE:TPC).

Tutor Perini Corporation had 6 selling transactions and 0 insider buys since March 5, 2018. This’s net activity of $6.26 million. TUTOR RONALD N sold $1.03 million worth of stock.

It was registered an increase on Tutor Perini Corporation (NYSE:TPC)’s shorted shares with 6.45%. FINRA published in June TPC’s total 6.37 million shorted shares. Previously was reported up change of 6.45% from 5.98 million shares. Tutor Perini Corporation (NYSE:TPC) has 389,500 shares average volume. It’ll cost 16 days for TPC to recover its previous position. Tutor Perini Corporation float short is 16.33%.

TPC hit $19.23 during the last trading session after $0.48 change.Tutor Perini Corporation has volume of 341,703 shares. Since June 27, 2017 TPC has declined 21.41% and is downtrending. TPC underperformed the S&P 500 by 33.98%.

Tutor Perini Corporation provides diversified general contracting, construction management, and design-build services to private clients and public agencies worldwide.The company has $959.58 million market cap. It operates through three divisions: Civil, Building, and Specialty Contractors.The P/E ratio is 6.58. The Civil segment engages in the public works construction, replacement, and reconstruction of infrastructure, including highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities.

Tutor Perini Corporation (NYSE:TPC) Ratings Coverage

In total 4 analysts cover Tutor Perini (NYSE:TPC). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. (NYSE:TPC) has 100% bullish analysts. With $3800 highest and $36 lowest price target, Tutor Perini has $37 average price target or 92.41% above the current ($19.23) price. 4 are the (NYSE:TPC)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The stock rating was maintained by B. Riley & Co with “Buy” on Wednesday, February 28. On Wednesday, February 28 KeyBanc Capital Markets upgraded the shares of TPC in report to “Overweight” rating.

Another two news for Tutor Perini Corporation (NYSE:TPC) were recently posted by: Streetinsider.com on June 15, 2018 with title “Tutor Perini (TPC) JV with Frontier-Kemper Secures $410M Contract from Los Angeles County MTA for Purple Line …”. The other Nasdaq.com‘s article was titled “Analysis: Positioning to Benefit within Uranium Energy, Bellicum Pharmaceuticals, Tutor Perini, Maiden, Hill-Rom, and …” and posted on June 15, 2018.

Tutor Perini Corporation (NYSE:TPC) Institutional Investors Chart

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