PDT Partners LLC Has $191,000 Position in IES Holdings, Inc. (IESC)
PDT Partners LLC increased its stake in shares of IES Holdings, Inc. (NASDAQ:IESC) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,521 shares of the technology company’s stock after purchasing an additional 221 shares during the quarter. PDT Partners LLC’s holdings in IES Holdings were worth $191,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IESC. Bridge City Capital LLC acquired a new position in IES Holdings during the 2nd quarter worth $1,105,000. Boston Partners acquired a new position in IES Holdings during the 2nd quarter worth $1,028,000. Municipal Employees Retirement System of Michigan acquired a new position in IES Holdings during the 2nd quarter worth $686,000. IndexIQ Advisors LLC acquired a new position in IES Holdings during the 2nd quarter worth $475,000. Finally, Edge Wealth Management LLC grew its stake in IES Holdings by 70.8% during the 2nd quarter. Edge Wealth Management LLC now owns 60,120 shares of the technology company’s stock worth $1,043,000 after purchasing an additional 24,914 shares in the last quarter. 78.87% of the stock is owned by hedge funds and other institutional investors.
Separately, BidaskClub cut IES Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.
IES Holdings, Inc. (NASDAQ:IESC) opened at 18.85 on Tuesday. The firm has a market capitalization of $401.51 million, a PE ratio of 3.62 and a beta of 0.64. The company’s 50-day moving average price is $16.72 and its 200 day moving average price is $17.05. IES Holdings, Inc. has a 1-year low of $14.02 and a 1-year high of $23.00.
IES Holdings (NASDAQ:IESC) last released its quarterly earnings data on Friday, August 4th. The technology company reported $0.17 EPS for the quarter. IES Holdings had a return on equity of 8.26% and a net margin of 13.87%. The company had revenue of $208.30 million for the quarter. On average, equities analysts anticipate that IES Holdings, Inc. will post ($1.87) EPS for the current year.
IES Holdings Company Profile
IES Holdings, Inc, formerly Integrated Electrical Services, Inc, is a holding company that owns and manages diverse operating subsidiaries across a range of infrastructure-related end markets. The Company operates through four segments: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.
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