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Corbyn Investment Management Inc. MD has decreased its holdings in MYR Group Inc. stock. The firm now owns 88,096 shares of MYR Group, making it their 3rd largest holding. A number of other hedge funds have also recently increased or decreased their stakes in the company, totaling 86.29% of stock currently owned by institutional investors and hedge funds.

MYR Group stock traded down on Wednesday, reaching $144.65, with a market cap of $2.42 billion and a PE ratio of 26.78. The company reported $1.28 earnings per share for the quarter. Several research analysts have recently adjusted their rating and price targets for MYR Group, with an average price target of $166.25.

MYR Group Inc. provides electrical construction services in the United States and Canada. They operate in two segments, Transmission and Distribution, and Commercial and Industrial. The company’s stock performance is being closely followed as analysts continue to update their ratings and price targets.



Read more: MYR Group Inc. (NASDAQ:MYRG) Stock Position Cut by Corbyn Investment Management Inc. MD