Information Services Group (NASDAQ:III) Given “Outperform” Rating at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Information Services Group (NASDAQ:III) in a research note issued to investors on Monday morning,Benzinga reports. They currently have a $3.75 target price on the business services provider’s stock.

Other equities analysts also recently issued research reports about the stock. Singular Research upgraded shares of Information Services Group from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, November 14th. StockNews.com raised shares of Information Services Group from a “hold” rating to a “buy” rating in a report on Monday, November 11th.

Information Services Group Stock Performance

NASDAQ III opened at $3.24 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $158.99 million, a PE ratio of -46.28, a P/E/G ratio of 1.34 and a beta of 1.15. The company has a fifty day moving average of $3.18 and a two-hundred day moving average of $3.28. Information Services Group has a 1 year low of $2.92 and a 1 year high of $4.29.

Information Services Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 21st will be paid a dividend of $0.045 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.18 annualized dividend and a dividend yield of 5.56%. Information Services Group’s dividend payout ratio is currently 360.00%.

Institutional Trading of Information Services Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Information Services Group during the fourth quarter valued at about $698,000. Private Capital Management LLC raised its stake in shares of Information Services Group by 2.9% in the 3rd quarter. Private Capital Management LLC now owns 5,582,413 shares of the business services provider’s stock valued at $18,422,000 after purchasing an additional 159,141 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Information Services Group by 11,468.6% during the fourth quarter. Russell Investments Group Ltd. now owns 115,686 shares of the business services provider’s stock worth $386,000 after purchasing an additional 114,686 shares during the last quarter. Geode Capital Management LLC grew its stake in Information Services Group by 9.3% in the third quarter. Geode Capital Management LLC now owns 820,929 shares of the business services provider’s stock worth $2,709,000 after purchasing an additional 70,135 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Information Services Group by 4.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,446,982 shares of the business services provider’s stock valued at $4,833,000 after buying an additional 63,699 shares during the last quarter. 73.10% of the stock is owned by hedge funds and other institutional investors.

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.