People Incorporated Common Stock $PPLI Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lowered its position in shares of People Incorporated Common Stock (NASDAQ:PPLI) by 54.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,914 shares of the company’s stock after selling 16,443 shares during the quarter. WINTON GROUP Ltd’s holdings in People Incorporated Common Stock were worth $544,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PPLI. Helikon Investments Ltd raised its holdings in shares of People Incorporated Common Stock by 40.8% during the fourth quarter. Helikon Investments Ltd now owns 1,866,442 shares of the company’s stock valued at $72,978,000 after acquiring an additional 540,643 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of People Incorporated Common Stock by 43.8% during the third quarter. AQR Capital Management LLC now owns 1,148,280 shares of the company’s stock valued at $39,122,000 after acquiring an additional 349,969 shares during the last quarter. Diamond Hill Capital Management Inc. acquired a new position in shares of People Incorporated Common Stock during the fourth quarter valued at approximately $12,067,000. Davis Selected Advisers raised its holdings in shares of People Incorporated Common Stock by 12.1% during the fourth quarter. Davis Selected Advisers now owns 2,514,072 shares of the company’s stock valued at $98,301,000 after acquiring an additional 270,383 shares during the last quarter. Finally, Northern Right Capital Management L.P. raised its holdings in shares of People Incorporated Common Stock by 89.0% during the second quarter. Northern Right Capital Management L.P. now owns 568,409 shares of the company’s stock valued at $21,224,000 after acquiring an additional 267,731 shares during the last quarter. Institutional investors and hedge funds own 88.90% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on PPLI shares. Barclays increased their target price on People Incorporated Common Stock from $48.00 to $55.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Jefferies Financial Group cut People Incorporated Common Stock from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a report on Wednesday, May 6th. TD Cowen increased their price target on People Incorporated Common Stock from $60.00 to $66.00 and gave the company a “buy” rating in a report on Monday, May 4th. Zacks Research raised People Incorporated Common Stock from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 11th. Finally, Piper Sandler set a $52.00 price target on People Incorporated Common Stock in a report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.62.

People Incorporated Common Stock Trading Up 0.1%

Shares of People Incorporated Common Stock stock opened at $42.28 on Thursday. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 114.27 and a beta of 1.02. People Incorporated Common Stock has a fifty-two week low of $29.56 and a fifty-two week high of $46.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.69 and a current ratio of 3.69. The stock has a 50 day moving average of $42.31 and a 200 day moving average of $39.36.

People Incorporated Common Stock Company Profile

IAC (NASDAQ: IAC) is a publicly traded holding company headquartered in New York City that builds and invests in consumer-focused internet businesses. Through its portfolio of digital media brands, online marketplaces and subscription services, IAC delivers content and connections across a range of verticals, including lifestyle, finance, home services and personal care. The company’s operations span North America and parts of Europe, where its brands reach millions of visitors each month.

In the digital publishing space, IAC’s Dotdash Meredith division develops original content and data‐driven journalism across more than a dozen specialty sites.