Willbros Group, Inc: Kkr Credit Advisors (Us) Llc Bought Stake

April 18, 2018 - By Kurt Siggers

Willbros Group, Inc. (NYSE:WG) LogoInvestors sentiment decreased to 0.91 in Q4 2017. Its down 1.33, from 2.24 in 2017Q3. It worsened, as 11 investors sold Willbros Group, Inc. shares while 24 reduced holdings. 10 funds opened positions while 22 raised stakes. 36.49 million shares or 8.97% less from 40.08 million shares in 2017Q3 were reported.

Tiaa Cref Invest Mngmt Limited Liability Com has invested 0% in Willbros Group, Inc. (NYSE:WG). Goldman Sachs holds 13,139 shares or 0% of its portfolio. Invesco Ltd invested 0% in Willbros Group, Inc. (NYSE:WG). Raymond James Fincl Serv Advsrs holds 13,194 shares. Macquarie Gru Ltd holds 78,429 shares. Kohlberg Kravis Roberts L P owns 10.13M shares. 469,968 are held by Geode Cap Mngmt Lc. Meeder Asset stated it has 2,946 shares or 0% of all its holdings. Moreover, Morgan Stanley has 0% invested in Willbros Group, Inc. (NYSE:WG). Renaissance Limited Liability Corp, New York-based fund reported 1.75 million shares. Gendell Jeffrey L invested 0.42% of its portfolio in Willbros Group, Inc. (NYSE:WG). Point72 Asia (Hong Kong) Ltd holds 0% of its portfolio in Willbros Group, Inc. (NYSE:WG) for 512 shares. The North Carolina-based Retail Bank Of America De has invested 0% in Willbros Group, Inc. (NYSE:WG). Bankshares Of New York Mellon Corporation accumulated 0% or 157,682 shares. Stone Ridge Asset Mngmt Llc holds 0% of its portfolio in Willbros Group, Inc. (NYSE:WG) for 10,038 shares.

The New Kkr Credit Advisors (Us) Llc Holding in Willbros Group, Inc

Kkr Credit Advisors (Us) Llc reported SC 13D/A form with the SEC for Willbros Group, Inc. Access it here: 000114036118018931. As reported by Kkr Credit Advisors (Us) Llc, the filler owns 16% or 10,125,410 shares of the Energy–company.

Willbros Group, Inc stake is new for [reportingPerson]. Date of activity: March 27, 2018. This shows Kkr Credit Advisors (Us) Llc’s positive view for Willbros Group, Inc.

Reasons Why Kkr Credit Advisors (Us) Llc Bought – Willbros Group, Inc Stock

Purpose of Transaction

Item 4 of the Schedule 13D is hereby supplemented by the following:

Item 6 of the Schedule 13D is incorporated herein by reference.

Willbros Group, Inc Institutional Sentiment

Filings show 73 investors own Willbros Group, Inc. The ownership in Q3 2017 is high, at Infinity of the outstanding shares. This is increased by 5912335. 40084230 were owned by these investors. 20 funds opened new Willbros Group, Inc stakes, 27 increased positions. There were 6 that closed positions and 15 reduced them.

Heartland Advisors Inc is an investor bullish on Willbros Group, Inc, owning 4190540 shares as of Q3 2017 for 0.87% of its portfolio. Schneider Capital Management Corp owns 2182017 shares or 1.26% of its portfolio. NY Fortress Investment Group Llc have less than 0.01% of its portfolio for 45350 shares. Further, Kohlberg Kravis Roberts & Company Lp reported stake worth 0.38% of its portfolio. The CT Gendell Jeffrey L owns 4954742 shares. Willbros Group, Inc is 1.28% of its portfolio.

SEC Form 13D.

It closed at $0.155 lastly. It is up 94.04% since April 18, 2017 and is downtrending. It has underperformed by 105.59% the S&P500.

Willbros Group, Inc., through its subsidiaries, operates as a specialty energy infrastructure contractor serving gas and oil, and power industries in the United States and Canada. The company has market cap of $9.80 million. The firm operates through three divisions: Oil & Gas, Utility T&D, and Canada. It currently has negative earnings. The Oil & Gas segment offers construction, maintenance, and lifecycle extension services to the midstream markets.

Willbros Group, Inc. (NYSE:WG) Ratings Chart

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