Gamco Investors INC. ET AL grew its stake in Dycom Industries, Inc. (NYSE:DY) by 23.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,480 shares of the construction company’s stock after buying an additional 2,975 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Dycom Industries were worth $1,725,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Personal Financial Services lifted its stake in Dycom Industries by 214.3% during the fourth quarter. First Personal Financial Services now owns 1,075 shares of the construction company’s stock worth $120,000 after purchasing an additional 733 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in Dycom Industries by 6.6% during the second quarter. Public Employees Retirement System of Ohio now owns 1,298 shares of the construction company’s stock worth $116,000 after purchasing an additional 80 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Dycom Industries by 55.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,529 shares of the construction company’s stock worth $170,000 after purchasing an additional 545 shares during the last quarter. Howe & Rusling Inc. lifted its stake in Dycom Industries by 3,671.1% during the fourth quarter. Howe & Rusling Inc. now owns 1,697 shares of the construction company’s stock worth $189,000 after purchasing an additional 1,652 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Dycom Industries during the fourth quarter worth approximately $214,000.

Several equities research analysts recently weighed in on the company. B. Riley restated a “buy” rating on shares of Dycom Industries in a research note on Wednesday, November 1st. DA Davidson boosted their target price on Dycom Industries to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 21st. Zacks Investment Research upgraded Dycom Industries from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. KeyCorp lifted their price target on Dycom Industries from $118.00 to $123.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $126.00 price target (up previously from $120.00) on shares of Dycom Industries in a research report on Monday, December 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the stock. Dycom Industries has an average rating of “Buy” and a consensus target price of $115.60.

Dycom Industries, Inc. (DY) opened at $111.14 on Monday. The company has a market capitalization of $3,438.54, a P/E ratio of 26.21, a price-to-earnings-growth ratio of 1.73 and a beta of 1.36. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.86 and a current ratio of 3.16. Dycom Industries, Inc. has a 12-month low of $73.95 and a 12-month high of $123.99.

Dycom Industries (NYSE:DY) last released its earnings results on Monday, November 20th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.09. The business had revenue of $756.20 million for the quarter, compared to analyst estimates of $729.35 million. Dycom Industries had a return on equity of 22.49% and a net margin of 4.46%. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. equities analysts expect that Dycom Industries, Inc. will post 4.09 EPS for the current year.

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Dycom Industries Profile

Dycom Industries, Inc is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

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Institutional Ownership by Quarter for Dycom Industries (NYSE:DY)

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