Barclays PLC raised its position in IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,303 shares of the technology company's stock after buying an additional 2,127 shares during the period. Barclays PLC owned 0.09% of IES worth $3,477,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp increased its position in IES by 56.8% in the 4th quarter. J.Safra Asset Management Corp now owns 138 shares of the technology company's stock valued at $28,000 after acquiring an additional 50 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in IES by 6.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 861 shares of the technology company's stock worth $173,000 after purchasing an additional 53 shares during the last quarter. Moran Wealth Management LLC boosted its stake in shares of IES by 1.8% in the 4th quarter. Moran Wealth Management LLC now owns 3,401 shares of the technology company's stock valued at $683,000 after purchasing an additional 61 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of IES by 21.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 551 shares of the technology company's stock worth $111,000 after buying an additional 99 shares during the period. Finally, Peterson Wealth Services lifted its holdings in IES by 1.2% in the fourth quarter. Peterson Wealth Services now owns 8,110 shares of the technology company's stock valued at $1,630,000 after buying an additional 100 shares during the period. 86.60% of the stock is owned by institutional investors.
IES Trading Down 1.1 %
NASDAQ IESC traded down $2.15 during trading on Wednesday, hitting $196.68. 134,431 shares of the company's stock were exchanged, compared to its average volume of 177,412. The stock's 50 day moving average price is $178.93 and its two-hundred day moving average price is $219.41. IES Holdings, Inc. has a fifty-two week low of $124.55 and a fifty-two week high of $320.09. The company has a market cap of $3.93 billion, a PE ratio of 18.31 and a beta of 1.51.
IES (NASDAQ:IESC - Get Free Report) last released its quarterly earnings results 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%.
Wall Street Analyst Weigh In
Separately, StockNews.com cut IES from a "buy" rating to a "hold" rating in a report on Friday, March 14th.
Get Our Latest Stock Report on IES
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.
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