4 days Ago By ABMN Staff
Russell Investments Group Ltd. lessened its stake in IES Holdings, Inc. ( NASDAQ:IESC – Free Report ) by 15.
3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,147 shares of the technology company’s stock after selling 3,457 shares during the quarter. Russell Investments Group Ltd.
owned 0.10% of IES worth $3,848,000 at the end of the most recent reporting period. Other large investors also recently made changes to their positions in the company.
Vanguard Group Inc. raised its stake in shares of IES by 38.9% in the 4th quarter.
Vanguard Group Inc. now owns 753,331 shares of the technology company’s stock valued at $151,389,000 after purchasing an additional 210,925 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of IES by 140.
3% during the fourth quarter. Thrivent Financial for Lutherans now owns 125,500 shares of the technology company’s stock worth $25,221,000 after buying an additional 73,271 shares in the last quarter. Franklin Resources Inc.
raised its position in IES by 79.3% in the 3rd quarter. Franklin Resources Inc.
now owns 155,426 shares of the technology company’s stock valued at $31,026,000 after buying an additional 68,750 shares during the last quarter. LPL Financial LLC lifted its stake in IES by 588.0% in the 4th quarter.
LPL Financial LLC now owns 46,426 shares of the technology company’s stock valued at $9,330,000 after acquiring an additional 39,678 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in IES by 17.0% during the 4th quarter.
Geode Capital Management LLC now owns 244,620 shares of the technology company’s stock worth $49,168,000 after acquiring an additional 35,474 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.
Wall Street Analyst Weigh In Separately, StockNews.com cut shares of IES from a “buy” rating to a “hold” rating in a research report on Friday, March 14th. IES Stock Performance Shares of NASDAQ IESC opened at $188.
09 on Wednesday. The stock has a market capitalization of $3.76 billion, a PE ratio of 17.
51 and a beta of 1.51. IES Holdings, Inc.
has a 52 week low of $112.73 and a 52 week high of $320.09.
The stock has a 50 day moving average price of $185.41 and a 200 day moving average price of $220.73.
IES ( NASDAQ:IESC – Get Free Report ) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $2.64 EPS for the quarter.
IES had a return on equity of 35.81% and a net margin of 7.30%.
About IES ( Free Report ) IES Holdings, Inc engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. Read More Receive News & Ratings for IES Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IES and related companies with MarketBeat.
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