TD Waterhouse Canada Inc. Takes $392,000 Position in IES Holdings, Inc. (NASDAQ:IESC)

TD Waterhouse Canada Inc. bought a new position in IES Holdings, Inc. (NASDAQ:IESC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,950 shares of the technology company's stock, valued at approximately $392,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in IES by 38.9% in the 4th quarter. Vanguard Group Inc. now owns 753,331 shares of the technology company's stock worth $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 valued at $25,221,000 after buying an additional 73,271 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of IES by 79.3% during the 3rd quarter. Franklin Resources Inc. now owns 155,426 shares of the technology company's stock worth $31,026,000 after purchasing an additional 68,750 shares during the period. Invesco Ltd. raised its position in shares of IES by 27.6% in the fourth quarter. Invesco Ltd. now owns 200,799 shares of the technology company's stock worth $40,353,000 after acquiring an additional 43,449 shares during the period. Finally, LPL Financial LLC grew its position in shares of IES by 588.0% during 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 during the period. Institutional investors own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

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

IES Price Performance

IESC traded up $15.38 during trading hours on Thursday, reaching $212.06. The company's stock had a trading volume of 60,865 shares, compared to its average volume of 176,975. IES Holdings, Inc. has a fifty-two week low of $124.55 and a fifty-two week high of $320.09. The business's 50-day moving average is $178.99 and its 200-day moving average is $219.26. The stock has a market cap of $4.24 billion, a PE ratio of 19.76 and a beta of 1.51.

IES (NASDAQ:IESC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $2.64 earnings per share (EPS) for the quarter. IES had a net margin of 7.30% and a return on equity of 35.81%.

IES 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.