In one of a series of transactions at the end of the fourth quarter, Chicago-based financial planner Columbia Wanger (Trades, Portfolio) Asset Management raised its stake in Textura Corp. (TXTR, Financial), a Deerfield, Illinois-based construction software solutions company, by more than 5%.
Columbia Wanger (Trades, Portfolio) acquired 116,200 shares for an average price of $21.58 per share. The transaction had a 0.02% impact on Columbia Wanger (Trades, Portfolio)’s portfolio.
Textura has been in Columbia Wanger (Trades, Portfolio)’s portfolio since the second quarter of 2014 when Columbia Wanger (Trades, Portfolio) acquired a 360,284-share stake. The financial planner has added to the stake in each quarter since.
According to a Form 13G disclosure that was filed with the Securities and Exchange Commission, Columbia Wanger (Trades, Portfolio)’s stake in Textura is now 2,395,503 shares. That is the largest among the gurus. The stake is 9.18% of Textura’s outstanding shares and 0.41% of Columbia Wanger (Trades, Portfolio)’s total assets. Chuck Royce (Trades, Portfolio) also owns a stake in Textura.
Textura has a forward P/E of 16.8, a P/B of 3.2 and a P/S of 4.9. GuruFocus gives Textura a Financial Strength rating of 5/10 and a Profitability and Growth rating of 4/10.
Textura announced Monday that it will reveal its quarterly earnings on or around Feb. 23. Textura last reported earnings on Nov. 9, when it divulged quarterly earnings of 7 cents per share, topping the consensus estimate by 1 cent. Analysts anticipate that Textura’s EPS for the current fiscal year will be 19 cents.
Textura sold for $15.28 per share Monday. Its 12-month low is $14.11, and its 12-month high is $31.23.
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