Sprucegrove Investment Management Ltd. Raises Stock Holdings in Eagle Materials Inc $EXP
Sprucegrove Investment Management Ltd. significantly increased its stake in Eagle Materials Inc. (NYSE:EXP) by 1,671.4% in the fourth quarter, now holding 12,400 shares valued at $2.56 million. Other institutional investors like Baupost Group LLC MA and William Blair Investment Management LLC also adjusted their positions in the construction company. Eagle Materials recently declared a quarterly dividend of $0.25, and analysts have issued mixed ratings on the stock, with a consensus "Hold" and an average target price of $228.82.