North American Construction Group Ltd. (NYSE:NOA) Holdings Trimmed by Fiera Capital Corp

Fiera Capital Corp trimmed its position in shares of North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) by 60.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,190 shares of the oil and gas company’s stock after selling 158,342 shares during the period. Fiera Capital Corp’s holdings in North American Construction Group were worth $1,913,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Asset Management Inc grew its position in North American Construction Group by 2.4% during the 2nd quarter. TD Asset Management Inc now owns 24,688 shares of the oil and gas company’s stock worth $476,000 after purchasing an additional 571 shares in the last quarter. Swiss National Bank grew its position in North American Construction Group by 4.4% during the 1st quarter. Swiss National Bank now owns 49,900 shares of the oil and gas company’s stock worth $1,109,000 after purchasing an additional 2,100 shares in the last quarter. Janney Montgomery Scott LLC grew its position in North American Construction Group by 2.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 79,212 shares of the oil and gas company’s stock worth $1,765,000 after purchasing an additional 2,180 shares in the last quarter. Quadrature Capital Ltd grew its position in North American Construction Group by 1.3% during the 1st quarter. Quadrature Capital Ltd now owns 354,621 shares of the oil and gas company’s stock worth $7,867,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in North American Construction Group by 3.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 154,078 shares of the oil and gas company’s stock worth $2,971,000 after purchasing an additional 5,567 shares in the last quarter. 74.99% of the stock is currently owned by hedge funds and other institutional investors.

North American Construction Group Trading Down 1.7 %

North American Construction Group stock opened at $20.68 on Friday. The company’s fifty day simple moving average is $18.57 and its 200-day simple moving average is $19.36. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 1.85. North American Construction Group Ltd. has a 12 month low of $16.46 and a 12 month high of $25.92. The stock has a market cap of $554.84 million, a P/E ratio of 14.36 and a beta of 1.48.

North American Construction Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.089 per share. This is a boost from North American Construction Group’s previous quarterly dividend of $0.07. This represents a $0.36 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, November 27th. North American Construction Group’s payout ratio is currently 20.14%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of North American Construction Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.