Zacks: Grana y Montero SAA (GRAM) Given Average Recommendation of “Strong Sell” by Brokerages

Grana y Montero SAA (NYSE:GRAM) has received an average broker rating score of 5.00 (Strong Sell) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.

Zacks has also assigned Grana y Montero SAA an industry rank of 218 out of 257 based on the ratings given to related companies.

Grana y Montero SAA stock traded down $0.07 during mid-day trading on Friday, reaching $3.20. The company had a trading volume of 100 shares, compared to its average volume of 66,631. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.05 and a quick ratio of 0.85. Grana y Montero SAA has a 52 week low of $2.25 and a 52 week high of $4.80. The company has a market cap of $425.08 million, a PE ratio of -10.48 and a beta of 0.04.

A number of institutional investors have recently modified their holdings of GRAM. JPMorgan Chase & Co. boosted its holdings in Grana y Montero SAA by 143.0% in the 1st quarter. JPMorgan Chase & Co. now owns 107,296 shares of the construction company’s stock valued at $326,000 after purchasing an additional 63,144 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Grana y Montero SAA by 13.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 455,826 shares of the construction company’s stock valued at $1,385,000 after purchasing an additional 52,648 shares during the period. CIBC World Markets Inc. bought a new stake in Grana y Montero SAA in the 1st quarter valued at $124,000. RWC Asset Management LLP bought a new stake in Grana y Montero SAA in the 3rd quarter valued at $247,000. Finally, Deltec Asset Management LLC bought a new stake in Grana y Montero SAA in the 3rd quarter valued at $972,000. 0.88% of the stock is owned by hedge funds and other institutional investors.

About Grana y Montero SAA

Graña y Montero SAA., together with its subsidiaries, engages in engineering and construction, infrastructure, and real estate businesses in Peru, Chile, and Colombia. The company operates through four segments: Engineering and Construction, Infrastructure, Real Estate, and Technical Services. The Engineering and Construction segment provides traditional engineering services, such as structural, civil, and design engineering; and services ranging from architectural planning to advanced specialties comprising process design, simulation, and environmental services.

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