EAM Investors LLC Trims Stock Position in IES Holdings, Inc. (NASDAQ:IESC)

EAM Investors LLC decreased its position in IES Holdings, Inc. (NASDAQ:IESC) by 27.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,828 shares of the technology company’s stock after selling 4,794 shares during the period. EAM Investors LLC owned 0.06% of IES worth $2,578,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. J.Safra Asset Management Corp grew its holdings in shares of IES by 56.8% during the 4th quarter. J.Safra Asset Management Corp now owns 138 shares of the technology company’s stock worth $28,000 after purchasing an additional 50 shares during the period. Summit Investment Advisors Inc. boosted its stake in IES by 6.6% during the fourth quarter. Summit Investment Advisors Inc. now owns 861 shares of the technology company’s stock worth $173,000 after buying an additional 53 shares during the period. Moran Wealth Management LLC increased its position in shares of IES by 1.8% during the fourth quarter. Moran Wealth Management LLC now owns 3,401 shares of the technology company’s stock valued at $683,000 after acquiring an additional 61 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of IES by 21.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 551 shares of the technology company’s stock valued at $111,000 after acquiring an additional 99 shares during the period. Finally, Peterson Wealth Services lifted its holdings in shares of IES by 1.2% in the 4th quarter. Peterson Wealth Services now owns 8,110 shares of the technology company’s stock worth $1,630,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of IES from a “buy” rating to a “hold” rating in a report on Friday, March 14th.

IES Trading Down 1.0 %

IESC stock opened at $186.18 on Thursday. The business’s fifty day moving average price is $184.52 and its 200 day moving average price is $220.49. IES Holdings, Inc. has a 12-month low of $112.73 and a 12-month high of $320.09. The company has a market capitalization of $3.72 billion, a PE ratio of 17.34 and a beta of 1.51.

IES (NASDAQ:IESC) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $2.64 earnings per share (EPS) for the quarter. IES had a net margin of 7.30% and a return on equity of 35.81%.

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.