Gotham Asset Management LLC Takes $647,000 Position in IES Holdings, Inc. (NASDAQ:IESC)

Gotham Asset Management LLC acquired a new position in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,219 shares of the technology company's stock, valued at approximately $647,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of 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 acquiring an additional 210,925 shares during the period. Thrivent Financial for Lutherans increased its position in 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 purchasing an additional 73,271 shares during the last quarter. Invesco Ltd. raised its stake in IES by 27.6% during the fourth quarter. Invesco Ltd. now owns 200,799 shares of the technology company's stock worth $40,353,000 after purchasing an additional 43,449 shares during the period. LPL Financial LLC boosted its holdings 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 purchasing an additional 39,678 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in IES by 17.0% in the 4th quarter. Geode Capital Management LLC now owns 244,620 shares of the technology company's stock valued at $49,168,000 after purchasing an additional 35,474 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

IES Stock Up 2.9%

NASDAQ:IESC opened at $270.42 on Monday. IES Holdings, Inc. has a 52 week low of $124.55 and a 52 week high of $320.09. The stock's fifty day moving average is $197.59 and its two-hundred day moving average is $221.87. The company has a market capitalization of $5.37 billion, a P/E ratio of 25.18 and a beta of 1.57.

IES (NASDAQ:IESC - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The technology company reported $3.30 earnings per share (EPS) for the quarter. IES had a net margin of 7.30% and a return on equity of 35.81%. The firm had revenue of $834.00 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of IES from a "buy" rating to a "hold" rating in a research report on Friday, March 14th.

IES Company Profile

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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