Nebula Research & Development LLC decreased its holdings in IES Holdings, Inc. (NASDAQ:IESC – Free Report) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,930 shares of the technology company’s stock after selling 372 shares during the quarter. Nebula Research & Development LLC’s holdings in IES were worth $790,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in IES by 20.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,298 shares of the technology company’s stock worth $663,000 after buying an additional 570 shares during the period. Harvest Investment Services LLC raised its position in shares of IES by 184.9% during the fourth quarter. Harvest Investment Services LLC now owns 9,497 shares of the technology company’s stock worth $1,909,000 after acquiring an additional 6,164 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of IES by 78.4% during the fourth quarter. Hsbc Holdings PLC now owns 4,934 shares of the technology company’s stock worth $995,000 after acquiring an additional 2,168 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of IES in the fourth quarter worth approximately $392,000. Finally, Tower Research Capital LLC TRC boosted its holdings in IES by 1,893.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,930 shares of the technology company’s stock valued at $589,000 after acquiring an additional 2,783 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of IES from a “buy” rating to a “hold” rating in a report on Friday, March 14th.
IES Stock Up 2.9 %
IESC stock opened at $201.40 on Monday. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 18.75 and a beta of 1.51. The company’s fifty day simple moving average is $179.08 and its 200 day simple moving average is $219.70. IES Holdings, Inc. has a 12-month low of $124.55 and a 12-month high of $320.09.
IES (NASDAQ:IESC – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $2.64 earnings per share for the quarter. IES had a return on equity of 35.81% and a net margin of 7.30%.
About IES
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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