Rothschild & Co. Asset Management US Inc. lifted its holdings in MasTec, Inc. (NYSE:MTZ) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 857,058 shares of the construction company’s stock after buying an additional 14,997 shares during the quarter. Rothschild & Co. Asset Management US Inc. owned 1.09% of MasTec worth $34,762,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of MTZ. Flagship Harbor Advisors LLC boosted its stake in shares of MasTec by 378.8% in the fourth quarter. Flagship Harbor Advisors LLC now owns 948 shares of the construction company’s stock valued at $38,000 after buying an additional 750 shares in the last quarter. IFP Advisors Inc raised its holdings in MasTec by 138.9% during the fourth quarter. IFP Advisors Inc now owns 989 shares of the construction company’s stock worth $40,000 after purchasing an additional 575 shares during the last quarter. LS Investment Advisors LLC acquired a new position in MasTec during the fourth quarter worth $141,000. Profit Investment Management LLC raised its holdings in MasTec by 2.6% during the third quarter. Profit Investment Management LLC now owns 51,101 shares of the construction company’s stock worth $161,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Strs Ohio raised its holdings in MasTec by 19.4% during the fourth quarter. Strs Ohio now owns 4,300 shares of the construction company’s stock worth $174,000 after purchasing an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 86.18% of the company’s stock.
MasTec stock opened at $41.98 on Tuesday. The firm has a market capitalization of $3.27 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 1.26 and a beta of 1.49. MasTec, Inc. has a 52 week low of $37.24 and a 52 week high of $54.70. The company has a quick ratio of 1.85, a current ratio of 1.94 and a debt-to-equity ratio of 1.13.
MasTec Company Profile
MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other.
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