$0.03 EPS Expected for Great Lakes Dredge & Dock Corporation (GLDD)

October 13, 2018 - By Clifton Ray

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) LogoInvestors sentiment increased to 1.2 in Q2 2018. Its up 0.32, from 0.88 in 2018Q1. It increased, as 4 investors sold Great Lakes Dredge & Dock Corporation shares while 26 reduced holdings. 9 funds opened positions while 27 raised stakes. 40.65 million shares or 5.45% less from 42.99 million shares in 2018Q1 were reported.
Kbc Grp Nv holds 57,047 shares or 0% of its portfolio. Credit Suisse Ag reported 345,012 shares. Foundry Ltd Liability Com reported 0.15% of its portfolio in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Dimensional Fund Advisors Limited Partnership reported 0.01% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Bridgeway holds 665,450 shares or 0.04% of its portfolio. Teacher Retirement Systems Of Texas, a Texas-based fund reported 11,269 shares. Amer Intl Group Inc, New York-based fund reported 37,184 shares. 57,055 were reported by Rhumbline Advisers. Private Mgmt Gp holds 0.41% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) or 1.60 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). The Pennsylvania-based Vanguard Gp has invested 0% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). 15,940 are held by Citigroup. Ubs Asset Mngmt Americas reported 30,456 shares. The New York-based Blackrock has invested 0% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Peak6 L P invested in 0% or 34,054 shares.

Since May 10, 2018, it had 3 insider buys, and 0 insider sales for $297,080 activity. Shanahan Kathleen M also bought $7,620 worth of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares. Another trade for 50,000 shares valued at $264,845 was bought by Petterson Lasse.

Analysts expect Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) to report $0.03 EPS on November, 6.They anticipate $0.11 EPS change or 137.50 % from last quarter’s $-0.08 EPS. GLDD’s profit would be $1.87M giving it 47.25 P/E if the $0.03 EPS is correct. After having $-0.02 EPS previously, Great Lakes Dredge & Dock Corporation’s analysts see -250.00 % EPS growth. The stock decreased 2.58% or $0.15 during the last trading session, reaching $5.67. About 199,908 shares traded or 33.87% up from the average. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has risen 34.48% since October 14, 2017 and is uptrending. It has outperformed by 18.86% the S&P500.

Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company has market cap of $353.27 million. It operates in two divisions, Dredging and Environmental & Infrastructure. It currently has negative earnings. The Dredging segment is involved in capital dredging that consists of port expansion projects, land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures.

More news for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) were recently published by: Globenewswire.com, which released: “Great Lakes Announces Receipt of $48 Million Tampa Deepening Award” on October 01, 2018. Streetinsider.com‘s article titled: “Great Lakes Dredge & Dock (GLDD) Awarded $113M Jacksonville Harbor Construction Dredging Contract B 47-Foot …” and published on September 27, 2018 is yet another important article.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Institutional Positions Chart

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