November 21, 2016 - By Adrian Mccoy · 0 Comments
The stock of Willbros Group Delaware (NYSE:WG) registered a decrease of 0.13% in short interest. WG’s total short interest was 2.14 million shares in November as published by FINRA. Its down 0.13% from 2.14M shares, reported previously. With 176,400 shares average volume, it will take short sellers 12 days to cover their WG’s short positions. The short interest to Willbros Group Delaware’s float is 4.7%. About 56,912 shares traded hands. Willbros Group Inc (NYSE:WG) has declined 6.22% since April 19, 2016 and is downtrending. It has underperformed by 10.08% the S&P500.
Willbros Group, Inc. is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The company has a market cap of $149.91 million. The Company’s offerings include construction, maintenance and facilities development services. It currently has negative earnings. The Firm operates through three divisions: Oil & Gas, Utility T&D and Canada.
Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 2.47, from 3.33 in 2016Q1. The ratio dropped, as 5 funds sold all Willbros Group Inc shares owned while 10 reduced positions. 21 funds bought stakes while 29 increased positions. They now own 74.99 million shares or 119.69% more from 34.13 million shares in 2016Q1.
Gendell Jeffrey L holds 1.9% of its portfolio in Willbros Group Inc (NYSE:WG) for 3.66 million shares. National Bank & Trust Of Mellon has 146,047 shares for 0% of their US portfolio. Schneider Capital Mgmt has 2.35M shares for 1.12% of their US portfolio. Springbok Capital Limited Liability Company, a New York-based fund reported 10,400 shares. The Massachusetts-based Rhumbline Advisers has invested 0% in Willbros Group Inc (NYSE:WG). Blackrock Advisors Limited Liability Company accumulated 21,135 shares or 0% of the stock. California State Teachers Retirement System has 0% invested in the company for 90,687 shares. Moreover, Fortress Inv Lc has 0% invested in Willbros Group Inc (NYSE:WG) for 45,350 shares. Deutsche Bancorp Ag accumulated 104,708 shares or 0% of the stock. True Bearing Asset Management L P holds 1.48% or 111,224 shares in its portfolio. Acadian Asset Mgmt Ltd Company holds 0% or 74,487 shares in its portfolio. Grp One Trading L P reported 651 shares or 0% of all its holdings. Walleye Trading Llc has 0% invested in the company for 12,017 shares. Globeflex Capital Limited Partnership reported 180 shares or 0% of all its holdings. Bridgecreek Inv Mngmt Limited Com last reported 0.03% of its portfolio in the stock.
Out of 4 analysts covering Willbros Group (NYSE:WG), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Willbros Group has been the topic of 4 analyst reports since July 2, 2015 according to StockzIntelligence Inc. On Friday, June 24 the stock rating was upgraded by Morgan Stanley to “Equalweight”. The stock of Willbros Group Inc (NYSE:WG) earned “Neutral” rating by DA Davidson on Monday, August 10. UBS maintained it with “Neutral” rating and $1.35 target price in Thursday, July 2 report. The rating was maintained by Avondale with “Market Perform” on Friday, March 11.
Willbros Group, Inc. (Willbros), incorporated on November 10, 2008, is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The Company’s offerings include construction, maintenance and facilities development services. The Firm operates through three divisions: Oil & Gas, Utility T&D and Canada. The Firm provides services through operating subsidiaries. The Company’s divisions operated primarily in the United States and Canada.
Another recent and important Willbros Group Inc (NYSE:WG) news was published by Seekingalpha.com which published an article titled: “Willbros Group, Inc. (WG) CEO Michael Fournier on Q2 2016 Results – Earnings …” on August 01, 2016.
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By Adrian Mccoy