IES Holdings, Inc. (NASDAQ:IESC) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its position in IES Holdings, Inc. (NASDAQ:IESC) by 17.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,070 shares of the technology company’s stock after acquiring an additional 5,097 shares during the quarter. Janus Henderson Group PLC’s holdings in IES were worth $7,048,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp boosted its holdings in IES by 56.8% in the fourth quarter. J.Safra Asset Management Corp now owns 138 shares of the technology company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Smithfield Trust Co acquired a new position in shares of IES during the fourth quarter worth about $34,000. National Bank of Canada FI acquired a new position in shares of IES during the fourth quarter worth about $54,000. Harbour Investments Inc. acquired a new position in shares of IES during the fourth quarter worth about $71,000. Finally, Jones Financial Companies Lllp acquired a new position in shares of IES during the fourth quarter worth about $74,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut IES from a “buy” rating to a “hold” rating in a research note on Friday, March 14th.

IES Price Performance

Shares of IESC opened at $270.42 on Friday. The stock’s 50-day moving average is $197.59 and its two-hundred day moving average is $221.84. The stock has a market cap of $5.37 billion, a PE ratio of 25.18 and a beta of 1.57. IES Holdings, Inc. has a 12 month low of $124.55 and a 12 month high of $320.09.

IES (NASDAQ:IESC) last issued its quarterly earnings data on Friday, May 2nd. The technology company reported $3.30 EPS for the quarter. The company had revenue of $834.00 million for the quarter. IES had a return on equity of 35.81% and a net margin of 7.30%.

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.