SG Americas Securities LLC Invests $529,000 in IHS Holding Limited $IHS

SG Americas Securities LLC acquired a new position in IHS Holding Limited (NYSE:IHS) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 64,282 shares of the business services provider’s stock, valued at approximately $529,000.

A number of other institutional investors also recently bought and sold shares of the stock. Helikon Investments Ltd grew its holdings in IHS by 81.2% during the fourth quarter. Helikon Investments Ltd now owns 8,780,288 shares of the business services provider’s stock valued at $65,501,000 after purchasing an additional 3,934,727 shares during the period. Hussman Strategic Advisors Inc. bought a new position in shares of IHS in the fourth quarter worth about $783,000. Dumac Inc. purchased a new position in shares of IHS during the 4th quarter valued at about $836,000. Farther Finance Advisors LLC lifted its position in shares of IHS by 114.4% during the 4th quarter. Farther Finance Advisors LLC now owns 151,332 shares of the business services provider’s stock valued at $1,129,000 after buying an additional 80,762 shares in the last quarter. Finally, GSA Capital Partners LLP grew its stake in shares of IHS by 41.9% during the 4th quarter. GSA Capital Partners LLP now owns 374,362 shares of the business services provider’s stock valued at $2,793,000 after acquiring an additional 110,510 shares during the period. 17.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of IHS from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, IHS currently has an average rating of “Hold” and an average target price of $8.38.

IHS Price Performance

IHS stock opened at $8.14 on Wednesday. IHS Holding Limited has a 1 year low of $5.71 and a 1 year high of $8.95. The firm’s 50 day moving average price is $8.26 and its 200-day moving average price is $8.08. The stock has a market cap of $2.73 billion, a P/E ratio of 15.35 and a beta of 0.73.

IHS (NYSE:IHS) last announced its quarterly earnings results on Monday, May 11th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.12). The company had revenue of $415.40 million during the quarter, compared to the consensus estimate of $439.16 million. IHS had a net margin of 10.74% and a negative return on equity of 1,351.44%.

IHS Profile

IHS Inc develops source of information, insight and analytics in different areas of business. The Company’s segments include Resources, Transportation and Consolidated Markets & Solutions. The Company’s Resources segment includes its Energy and Chemicals product offerings. Its Transportation segment includes its Automotive; Maritime & Trade, and Aerospace, Defense & Security product offerings. Its Consolidated Markets & Solutions segment includes its Product Design; Technology, Media & Telecom, and Economics & Country Risk product offerings.