Barclays PLC Has $334,000 Position in Information Services Group, Inc. (NASDAQ:III)

Barclays PLC boosted its holdings in Information Services Group, Inc. (NASDAQ:III) by 52.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 101,111 shares of the business services provider’s stock after buying an additional 34,816 shares during the period. Barclays PLC owned approximately 0.21% of Information Services Group worth $334,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. ClariVest Asset Management LLC lifted its holdings in Information Services Group by 2.9% in the second quarter. ClariVest Asset Management LLC now owns 119,408 shares of the business services provider’s stock valued at $351,000 after buying an additional 3,345 shares during the period. Rhumbline Advisers increased its stake in Information Services Group by 7.6% in the second quarter. Rhumbline Advisers now owns 57,734 shares of the business services provider’s stock valued at $170,000 after purchasing an additional 4,075 shares in the last quarter. Hsbc Holdings PLC increased its stake in Information Services Group by 13.1% in the second quarter. Hsbc Holdings PLC now owns 43,746 shares of the business services provider’s stock valued at $135,000 after purchasing an additional 5,074 shares in the last quarter. Equitable Trust Co. increased its stake in Information Services Group by 4.5% in the third quarter. Equitable Trust Co. now owns 173,472 shares of the business services provider’s stock valued at $572,000 after purchasing an additional 7,515 shares in the last quarter. Finally, Copeland Capital Management LLC bought a new stake in Information Services Group in the third quarter valued at approximately $32,000. 73.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on III. Singular Research raised shares of Information Services Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, November 14th. StockNews.com raised shares of Information Services Group from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, Barrington Research upped their target price on shares of Information Services Group from $3.50 to $3.75 and gave the company an “outperform” rating in a research note on Monday, November 11th.

Insider Transactions at Information Services Group

In other news, Director Kalpana Raina sold 15,075 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $3.35, for a total transaction of $50,501.25. Following the completion of the sale, the director now owns 359,338 shares of the company’s stock, valued at $1,203,782.30. This represents a 4.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 44,931 shares of company stock valued at $150,425 over the last quarter. Corporate insiders own 16.00% of the company’s stock.

Information Services Group Stock Up 1.5 %

Shares of III stock opened at $3.30 on Friday. The firm has a fifty day moving average of $3.42 and a 200-day moving average of $3.29. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.69. Information Services Group, Inc. has a 12-month low of $2.92 and a 12-month high of $4.82. The company has a market capitalization of $161.94 million, a price-to-earnings ratio of -47.14, a P/E/G ratio of 2.95 and a beta of 1.00.

Information Services Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 5.45%. The ex-dividend date was Tuesday, December 3rd. Information Services Group’s dividend payout ratio is -257.14%.

Information Services Group Company Profile

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.