Virtu Financial LLC purchased a new stake in shares of Forterra Inc (NASDAQ:FRTA) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 79,167 shares of the construction company’s stock, valued at approximately $879,000.
Other hedge funds have also made changes to their positions in the company. Voya Investment Management LLC purchased a new position in Forterra during the 2nd quarter worth $104,000. Bank of Montreal Can boosted its holdings in Forterra by 379.5% during the 4th quarter. Bank of Montreal Can now owns 9,590 shares of the construction company’s stock worth $107,000 after acquiring an additional 7,590 shares during the last quarter. Paradigm Capital Management Inc. NY purchased a new position in Forterra during the 3rd quarter worth $137,000. Brave Asset Management Inc. purchased a new position in Forterra during the 3rd quarter worth $163,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Forterra by 672.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 16,393 shares of the construction company’s stock worth $182,000 after acquiring an additional 14,272 shares during the last quarter.
Forterra Inc (NASDAQ:FRTA) opened at $7.41 on Monday. The company has a current ratio of 2.56, a quick ratio of 1.43 and a debt-to-equity ratio of 15.19. Forterra Inc has a fifty-two week low of $3.02 and a fifty-two week high of $20.60.
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Forterra, Inc is a manufacturer of pipe and precast products. The Company offers products for a range of water-related infrastructure applications, including water transmission, distribution and drainage. The Company operates approximately 95 facilities. Its products are available in the United States and Eastern Canada.
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