370 Shares in IES Holdings, Inc. (NASDAQ:IESC) Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp bought a new position in shares of IES Holdings, Inc. (NASDAQ:IESC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 370 shares of the technology company’s stock, valued at approximately $74,000.

A number of other institutional investors also recently bought and sold shares of IESC. Gladius Capital Management LP purchased a new stake in IES during the 3rd quarter worth about $44,000. KBC Group NV lifted its holdings in IES by 52.5% during the 4th quarter. KBC Group NV now owns 401 shares of the technology company’s stock worth $81,000 after buying an additional 138 shares during the last quarter. City State Bank purchased a new stake in IES during the 4th quarter worth about $106,000. Quest Partners LLC lifted its holdings in IES by 159.5% during the 3rd quarter. Quest Partners LLC now owns 768 shares of the technology company’s stock worth $153,000 after buying an additional 472 shares during the last quarter. Finally, Callahan Advisors LLC purchased a new stake in IES during the 4th quarter worth about $201,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

IES Stock Performance

IES stock opened at $181.89 on Monday. IES Holdings, Inc. has a fifty-two week low of $101.31 and a fifty-two week high of $320.09. The company has a market capitalization of $3.64 billion, a P/E ratio of 16.94 and a beta of 1.57. The stock has a 50-day simple moving average of $216.05 and a 200-day simple moving average of $220.32.

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

Analyst Ratings Changes

Separately, StockNews.com downgraded IES from a “buy” rating to a “hold” rating in a report on Friday.

IES Profile

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.