MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 191 Shares of IES Holdings, Inc. (NASDAQ:IESC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of IES Holdings, Inc. (NASDAQ:IESC) by 4.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,681 shares of the technology company’s stock after buying an additional 191 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in IES were worth $941,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IESC. Vanguard Group Inc. grew its stake in shares of IES by 38.9% during the fourth quarter. Vanguard Group Inc. now owns 753,331 shares of the technology company’s stock valued at $151,389,000 after buying an additional 210,925 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in IES by 140.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 125,500 shares of the technology company’s stock valued at $25,221,000 after acquiring an additional 73,271 shares during the period. Invesco Ltd. grew its position in IES by 27.6% in the 4th quarter. Invesco Ltd. now owns 200,799 shares of the technology company’s stock valued at $40,353,000 after acquiring an additional 43,449 shares during the last quarter. LPL Financial LLC increased its stake in IES by 588.0% in the fourth quarter. LPL Financial LLC now owns 46,426 shares of the technology company’s stock worth $9,330,000 after purchasing an additional 39,678 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of IES by 17.0% during the fourth quarter. Geode Capital Management LLC now owns 244,620 shares of the technology company’s stock worth $49,168,000 after purchasing an additional 35,474 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of IES from a “buy” rating to a “hold” rating in a research note on Friday, March 14th.

IES Stock Performance

Shares of NASDAQ IESC opened at $244.57 on Tuesday. IES Holdings, Inc. has a 52-week low of $124.55 and a 52-week high of $320.09. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 22.77 and a beta of 1.57. The stock has a 50 day moving average price of $205.32 and a 200 day moving average price of $221.48.

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

IES Company 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.