Tetra Tech, Inc. (TTEK) Position Down in Latest Report from Dimensional Fund Advisors Lp Last Quarter


Tetra Tech, Inc. (NASDAQ:TTEK).

Dimensional Fund Advisors Lp reports that it decreased its ownership in Tetra Tech, Inc. stock by 3.8% as of the end of the last quarter. Its stake was worth $136,471,000 an increase of $9,785,000 according to the filing.

The following firms have also recently changed their position in TTEK. As of the end of the quarter Elk Creek Partners, LLC had disposed of a total of 8,595 shares trimming its position 3.3%. The value of the investment in TTEK went from $10,794,000 to $11,696,000 a change of 8.4% quarter to quarter. Parametric Portfolio Associates LLC divested its position by shedding 108,397 shares a decrease of 30.5%. Parametric Portfolio Associates LLC owns 246,633 shares valued at $11,283,000. The total value of its holdings decreased 22.2%.

California Public Employees Retirement System added to its stake by buying 6,200 shares an increase of 3.3% as of 06/30/2017. California Public Employees Retirement System claims 194,000 shares worth $8,876,000. The value of the position overall is up by 15.7%.

The company is up by 2.45 percent from yesterday’s close. Additionally the company announced a dividend for shareholders that will be paid on Friday the 1st of September 2017. The dividend payment will be $0.100 per share for the quarter or $0.40 annualized. This dividend amount will represent a yeild of $0.95. The ex-dividend date will be Tuesday May 16th, 2017.

Shares last traded at $41.80 a great deal lower than $45.60, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $43.58. The 50 day moving average went down by -8.32% and the 200 day average went down $-1.78 or -4.07%.

Tetra Tech, Inc. currently has a P/E ratio of 21.19 and the market cap of the company is 2.36B. As of the last earnings report the EPS was $1.97 and is projected to be $2.11 for the current year with 56,551,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.53 and the next full year EPS is projected to be $2.36.