Littlejohn Financial Services Inc. bought a new stake in shares of Icahn Enterprises L.P. (NASDAQ:IEP – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,000 shares of the conglomerate’s stock, valued at approximately $121,000.
Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Icahn Enterprises in the 3rd quarter worth $30,000. Planning Capital Management Corp bought a new position in Icahn Enterprises in the third quarter valued at about $34,000. Barclays PLC boosted its position in Icahn Enterprises by 24.3% in the third quarter. Barclays PLC now owns 7,307 shares of the conglomerate’s stock worth $100,000 after purchasing an additional 1,427 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Icahn Enterprises during the 3rd quarter valued at about $164,000. Finally, MML Investors Services LLC purchased a new stake in shares of Icahn Enterprises during the 3rd quarter valued at about $171,000. Hedge funds and other institutional investors own 87.09% of the company’s stock.
Icahn Enterprises Stock Performance
IEP opened at $9.93 on Friday. The company’s 50 day moving average is $9.57 and its 200 day moving average is $12.21. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 1.34. The company has a market cap of $5.00 billion, a price-to-earnings ratio of -9.11 and a beta of 0.81. Icahn Enterprises L.P. has a 12-month low of $8.53 and a 12-month high of $22.59.
About Icahn Enterprises
Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.
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