Dycom Industries, Inc. (DY) Shares Sold by Cambridge Investment Research Advisors Inc

Ruben Hill
April 16, 2018

The hedge funds in our partner's database now hold: 29.64 million shares, down from 31.11 million shares in 2017Q3. The shares were sold at an average price of $79.95, for a total value of $37,576.50. MPLX LP (NYSE:MPLX) has declined 6.29% since April 16, 2017 and is downtrending. It has outperformed by 32.46% the S&P500.

Rice Hall James & Associates Llc decreased its stake in Dycom Industries Inc.

In related news, Director Patricia Higgins sold 2,604 shares of the company's stock in a transaction on Wednesday, March 7th. On Tuesday, February 13 the stock of Dycom Industries, Inc. Following the completion of the transaction, the director now owns 30,246 shares of the company's stock, valued at approximately $3,299,233.68. FBR Capital maintained Dycom Industries, Inc. DY outperformed the S&P500 by 1.89%. Therefore 83% are positive. Steven Madden had 51 analyst reports since August 12, 2015 according to SRatingsIntel. Stifel Nicolaus has "Buy" rating and $11500 target. The firm has "Buy" rating given on Tuesday, June 6 by Jefferies. The company was maintained on Thursday, October 5 by KeyBanc Capital Markets. The company was maintained on Thursday, October 26 by Cantor Fitzgerald. Finally, Stephens increased their target price on shares of Dycom Industries from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, December 20th. The rating was maintained by Morgan Stanley on Thursday, September 21 with "Overweight". The company was maintained on Monday, June 12 by RBC Capital Markets. (NYSE:DY) rating. KeyBanc Capital Markets has "Buy" rating and $118.0 target.

DY registered $284,044 net activity with 0 insider purchases and 1 insider sale since March 7, 2018. Following the transaction, the vice president now owns 54,392 shares in the company, valued at $4,351,360.

A number of research analysts have recently weighed in on DY shares.

Dycom Industries Inc (DY) investors sentiment increased to 1.01 in 2017 Q4. It's up 0.01, from 1 in 2017Q3. Now it had 6,100 shares held by the institutional investor. Oregon Pub Employees Retirement Fund reported 0.02% stake. Mutual Of America Cap Mgmt Limited Liability Company invested in 24,787 shares. It also reduced its holding in Boingo Wireless Inc (NASDAQ:WIFI) by 26,908 shares in the quarter, leaving it with 286,866 shares, and cut its stake in Microsemi Corp (NASDAQ:MSCC). Gsa Cap Prns Llp holds 0.03% or 11,633 shares in its portfolio. Waddell Reed Finance invested in 0.13% or 537,980 shs. Lincoln Natl Corp holds 0.01% of its portfolio in CommScope Holding Company, Inc. The stock decreased 1.50% or $0.615 during the last trading session, reaching $40.405. Yost Capital Management Ltd Co owns 136,180 shares for 3.44% of their portfolio. Motco, Texas-based fund reported 12 shares. State Of Alaska Department Of Revenue reported 0.01% in Steven Madden, Ltd. (NASDAQ:SHOO). Leuthold Grp Incorporated holds 1.2% of its portfolio in Centene Corporation (NYSE:CNC) for 119,142 shares.

Bollard Group Llc, which manages about $2.78B and $2.08B US Long portfolio, upped its stake in Snap Inc Cl A by 180,000 shares to 211,000 shares, valued at $3.08 million in 2017Q4, according to the filing. Oppenheimer And Incorporated has invested 0.05% in Dycom Industries, Inc. (NYSE:DY). Parametric Port Associate owns 73,044 shs. They expect $0.69 earnings per share, down 46.92 % or $0.61 from last year's $1.3 per share. DY's profit will be $21.52 million for 38.19 P/E if the $0.69 EPS becomes a reality.

Dycom Industries, Inc. (DY) has year to date performance of -5.40% and weekly performance of -0.17%. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. Therefore 90% are positive. Dycom had 36 analyst reports since August 27, 2015 according to SRatingsIntel. On Tuesday, November 21 Craig Hallum maintained the shares of DY in report with "Buy" rating. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Stifel Nicolaus maintained Dycom Industries, Inc. On Wednesday, November 25 the stock rating was maintained by FBR Capital with "Outperform". FBR Capital maintained it with "Outperform" rating and $88 target in Thursday, August 27 report. On Monday, November 9 the stock rating was downgraded by DA Davidson to "Neutral". ValuEngine upgraded Dycom Industries from a "hold" rating to a "buy" rating in a research note on Sunday, December 31st. On Tuesday, October 10 the stock rating was maintained by RBC Capital Markets with "Buy". (NYSE:DY) rating on Friday, February 9.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.01, from 1 in 2017Q3. Sold All: 34 Reduced: 109 Increased: 89 New Position: 55. Tocqueville Asset Ltd Partnership reported 67,415 shares. After $0.31 actual earnings per share reported by MPLX LP for the previous quarter, Wall Street now forecasts 48.39% EPS growth.

Shares of DY stock opened at $105.41 on Monday. Moreover, Thrivent Financial For Lutherans has 0.04% invested in Dycom Industries, Inc. (NYSE:DY). Fincl holds 20,000 shares or 0.24% of its portfolio. 289,774 were reported by Samlyn Capital Lc. The Japan-based Asset One Limited has invested 0.01% in Dycom Industries, Inc. (NYSE:DY). The United Kingdom-based Legal And General Group Public Limited Co has invested 0% in Dycom Industries, Inc. Westpac Bk holds 0.41% or 619,799 shares. Eagle Boston Mngmt holds 160,257 shares or 1.78% of its portfolio. M&T Retail Bank accumulated 52,024 shares or 0.01% of the stock. Wells Fargo & Mn invested 0% in CubeSmart (NYSE:CUBE). Cambridge Investment Research Advisors Inc.'s holdings in Dycom Industries were worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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