Willbros Group, Inc: Heartland Advisors Inc Opened Position

December 8, 2017 - By Adrian Mccoy

 Willbros Group, Inc: Heartland Advisors Inc Opened Position

Investors sentiment increased to 1.15 in Q2 2017. Its up 0.15, from 1 in 2017Q1. It is positive, as 8 investors sold Willbros Group, Inc. shares while 19 reduced holdings. 10 funds opened positions while 21 raised stakes. 36.04 million shares or 1.05% more from 35.66 million shares in 2017Q1 were reported.

Huntington Bancorporation has 0% invested in Willbros Group, Inc. (NYSE:WG). Ameritas Invest Prns invested in 3,370 shares. Cutter And Co Brokerage reported 101,000 shares. Jpmorgan Chase And stated it has 0% in Willbros Group, Inc. (NYSE:WG). Guggenheim Cap Lc holds 13,753 shares or 0% of its portfolio. Creative Planning has invested 0% in Willbros Group, Inc. (NYSE:WG). State Bank Of America De reported 23,704 shares. Brandywine Global Limited Liability Corporation has 0% invested in Willbros Group, Inc. (NYSE:WG) for 33,937 shares. Credit Suisse Ag stated it has 0% of its portfolio in Willbros Group, Inc. (NYSE:WG). Principal Financial Grp Inc reported 10,120 shares. Panagora Asset Mngmt reported 1,727 shares stake. 4.13M were accumulated by Gendell Jeffrey L. 191,712 were accumulated by Bancorp Of Mellon. Rhumbline Advisers stated it has 0% of its portfolio in Willbros Group, Inc. (NYSE:WG). California Public Employees Retirement Sys reported 0% stake.

The New Heartland Advisors Inc Holding in Willbros Group, Inc

Heartland Advisors Inc reported SC 13G/A form with the SEC for Willbros Group, Inc. Access it here: 000089271217000788. As reported by Heartland Advisors Inc, the filler owns 4.3% or 2,739,012 shares of the Energy–company.

Willbros Group, Inc stake is new for [reportingPerson]. Date of activity: November 30, 2017. This shows Heartland Advisors Inc’s positive view for Willbros Group, Inc. For a institutional investor managing $6.06 billion in assets and having 51+ experts this is interesting position.

Willbros Group, Inc Institutional Sentiment

Filings show 52 investors own Willbros Group, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 5823382. 31040383 were owned by these investors. 2 funds opened new Willbros Group, Inc stakes, 11 increased positions. There were 22 that closed positions and 28 reduced them.

Netols Asset Management Inc is an investor bullish on Willbros Group, Inc, owning 957008 shares as of Q3 2015 for 0.27% of its portfolio. Oppenheimer & Close Llc owns 15000 shares or 0.02% of its portfolio. NY Kohlberg Kravis Roberts & Company Lp have 0.14% of its portfolio for 10125410 shares. Further, Schneider Capital Management Corp reported stake worth 0.59% of its portfolio. The CT Gendell Jeffrey L owns 4026940 shares. Willbros Group, Inc is 1.05% of its portfolio.

SEC Form 13G.

Heartland Advisors Inc website.

Analysts await Willbros Group, Inc. (NYSE:WG) to report earnings on March, 6. They expect $0.14 EPS, up 173.68 % or $0.33 from last year’s $-0.19 per share. WG’s profit will be $8.85 million for 2.21 P/E if the $0.14 EPS becomes a reality. After $-0.52 actual EPS reported by Willbros Group, Inc. for the previous quarter, Wall Street now forecasts -126.92 % EPS growth.

The stock increased 2.48% or $0.03 during the last trading session, reaching $1.24. About 411,071 shares traded. Willbros Group, Inc. (NYSE:WG) has declined 22.01% since December 8, 2016 and is downtrending. It has underperformed by 38.71% the S&P500.

Willbros Group, Inc., through its subsidiaries, operates as a specialty energy infrastructure contractor serving gas and oil, and power industries in the United States and Canada. The company has market cap of $78.40 million. The firm operates through three divisions: Oil & Gas, Utility T&D, and Canada. It currently has negative earnings. The Oil & Gas segment offers construction, maintenance, and lifecycle extension services to the midstream markets.

Willbros Group, Inc. (NYSE:WG) Ratings Coverage

Among 5 analysts covering Willbros Group (NYSE:WG), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Willbros Group has $2.25 highest and $1.0 lowest target. $1.49’s average target is 20.16% above currents $1.24 stock price. Willbros Group had 6 analyst reports since July 2, 2015 according to SRatingsIntel. DA Davidson maintained the shares of WG in report on Monday, August 10 with “Neutral” rating. The stock of Willbros Group, Inc. (NYSE:WG) earned “Underperformer” rating by Credit Suisse on Wednesday, August 16. The firm has “Hold” rating given on Monday, September 18 by KeyBanc Capital Markets. The firm has “Neutral” rating by UBS given on Thursday, July 2. The rating was maintained by Avondale with “Market Perform” on Friday, March 11. The rating was upgraded by Morgan Stanley on Friday, June 24 to “Equalweight”.

More important recent Willbros Group, Inc. (NYSE:WG) news were published by: Fool.com which released: “Why Willbros Group Inc (WG) Stock Blasted Down 57% Today” on March 18, 2015, also Seekingalpha.com published article titled: “Willbros: A Selloff In This $1 Turnaround Stock Has Created A Buying Opportunity”, Seekingalpha.com published: “Willbros Group’s (WG) CEO Michael Fournier on Q3 2017 Results – Earnings Call …” on November 09, 2017. More interesting news about Willbros Group, Inc. (NYSE:WG) was released by: Quotes.Wsj.com and their article: “Willbros Group Inc.” with publication date: February 11, 2011.

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