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Hilton Capital and King Luther increased their stakes in Jacobs Solutions, which beat earnings estimates.
Hilton Capital Management LLC increased its stake in Jacobs Solutions Inc. by 618 shares in the fourth quarter, owning a total of 14,356 shares worth $1,918,000.
King Luther Capital Management Corp also raised its holdings by 121.3%, now owning 5,583 shares.
Jacobs Solutions, a consulting and engineering firm, reported earnings of $1.33 per share, surpassing estimates, with revenue up 4.4% to $2.93 billion.
Analysts predict the company will post earnings of $6.05 per share for the year.
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Hilton Capital y el rey Lutero incrementaron sus apuestas en Jacobs Solutions, que superaron las estimaciones de ingresos.