Gotham Asset Management LLC acquired a new position in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,219 shares of the technology company's stock, valued at approximately $647,000.
Several other large investors have also recently bought and sold shares of IESC. Vanguard Group Inc. lifted its holdings in IES by 38.9% during the 4th quarter. Vanguard Group Inc. now owns 753,331 shares of the technology company's stock worth $151,389,000 after buying an additional 210,925 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in IES by 140.3% during the 4th 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. Invesco Ltd. lifted its holdings in IES by 27.6% during the 4th quarter. Invesco Ltd. now owns 200,799 shares of the technology company's stock worth $40,353,000 after buying an additional 43,449 shares in the last quarter. LPL Financial LLC lifted its holdings in IES by 588.0% during the 4th quarter. LPL Financial LLC now owns 46,426 shares of the technology company's stock worth $9,330,000 after buying an additional 39,678 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings 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 buying an additional 35,474 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.
IES Price Performance
Shares of IESC stock traded up $2.70 during trading hours on Friday, reaching $244.57. The company had a trading volume of 72,231 shares, compared to its average volume of 175,136. The company has a 50 day moving average of $204.21 and a 200 day moving average of $222.11. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 22.77 and a beta of 1.57. IES Holdings, Inc. has a 1-year low of $124.55 and a 1-year high of $320.09.
IES (NASDAQ:IESC - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The technology company reported $3.30 earnings per share for the quarter. The company had revenue of $834.00 million for the quarter. IES had a return on equity of 35.81% and a net margin of 7.30%.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded IES from a "buy" rating to a "hold" rating in a research note on Friday, March 14th.
Get Our Latest Analysis on IESC
IES Profile
(
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.
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