LSV Asset Management Has $2.36 Million Stock Position in Information Services Group, Inc. (NASDAQ:III)

LSV Asset Management cut its position in shares of Information Services Group, Inc. (NASDAQ:III - Free Report) by 43.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 707,594 shares of the business services provider's stock after selling 549,738 shares during the period. LSV Asset Management owned 1.44% of Information Services Group worth $2,363,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of III. Picton Mahoney Asset Management increased its holdings in shares of Information Services Group by 47.2% in the fourth quarter. Picton Mahoney Asset Management now owns 9,704 shares of the business services provider's stock valued at $32,000 after purchasing an additional 3,110 shares during the last quarter. Williams & Novak LLC boosted its holdings in shares of Information Services Group by 10.3% during the 4th quarter. Williams & Novak LLC now owns 43,775 shares of the business services provider's stock worth $146,000 after buying an additional 4,080 shares during the period. Wells Fargo & Company MN grew its stake in Information Services Group by 29.3% in the 4th quarter. Wells Fargo & Company MN now owns 20,915 shares of the business services provider's stock valued at $70,000 after buying an additional 4,741 shares during the last quarter. SG Americas Securities LLC raised its holdings in Information Services Group by 40.5% in the 4th quarter. SG Americas Securities LLC now owns 20,752 shares of the business services provider's stock valued at $69,000 after acquiring an additional 5,983 shares during the period. Finally, Access Investment Management LLC lifted its position in Information Services Group by 183.8% during the fourth quarter. Access Investment Management LLC now owns 10,515 shares of the business services provider's stock worth $35,000 after acquiring an additional 6,810 shares during the last quarter. 73.10% of the stock is owned by institutional investors.

Information Services Group Price Performance

Shares of NASDAQ III traded up $0.02 during midday trading on Friday, reaching $3.72. The company's stock had a trading volume of 115,820 shares, compared to its average volume of 107,854. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $179.51 million, a P/E ratio of -53.14, a P/E/G ratio of 1.34 and a beta of 0.94. The business's 50 day moving average price is $3.45 and its two-hundred day moving average price is $3.36. Information Services Group, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $4.05.

Information Services Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 21st were issued a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 4.84%. The ex-dividend date was Friday, March 21st. Information Services Group's dividend payout ratio (DPR) is currently 360.00%.

Analyst Ratings Changes

Several research firms have recently commented on III. Barrington Research reaffirmed an "outperform" rating and issued a $3.75 target price on shares of Information Services Group in a research report on Monday, March 10th. StockNews.com raised Information Services Group from a "buy" rating to a "strong-buy" rating in a report on Monday, March 10th.

Information Services Group Company Profile

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.