Information Services Group, Inc. (NASDAQ:III) Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC lifted its position in shares of Information Services Group, Inc. (NASDAQ:III) by 80.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,525 shares of the business services provider’s stock after purchasing an additional 45,161 shares during the period. Seizert Capital Partners LLC’s holdings in Information Services Group were worth $397,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in shares of Information Services Group by 4.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,446,982 shares of the business services provider’s stock worth $4,833,000 after purchasing an additional 63,699 shares in the last quarter. Northern Trust Corp boosted its stake in Information Services Group by 4.4% during the 4th quarter. Northern Trust Corp now owns 303,721 shares of the business services provider’s stock valued at $1,014,000 after acquiring an additional 12,814 shares during the last quarter. Raymond James Financial Inc. bought a new position in Information Services Group during the 4th quarter valued at $698,000. Equitable Trust Co. boosted its stake in Information Services Group by 6.5% during the 1st quarter. Equitable Trust Co. now owns 169,587 shares of the business services provider’s stock valued at $663,000 after acquiring an additional 10,285 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its stake in Information Services Group by 46.2% during the 4th quarter. Two Sigma Advisers LP now owns 157,900 shares of the business services provider’s stock valued at $527,000 after acquiring an additional 49,900 shares during the last quarter. 73.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on III. Barrington Research reiterated an “outperform” rating and set a $5.50 price objective on shares of Information Services Group in a research note on Friday, July 18th. Wall Street Zen cut shares of Information Services Group from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 6th. Finally, Sidoti raised shares of Information Services Group to a “hold” rating in a report on Monday, May 12th.

Information Services Group Stock Down 4.6%

III stock opened at $4.34 on Wednesday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.62. Information Services Group, Inc. has a fifty-two week low of $2.95 and a fifty-two week high of $5.28. The firm’s 50-day simple moving average is $4.75 and its 200 day simple moving average is $3.97. The stock has a market cap of $209.19 million, a PE ratio of 28.93, a price-to-earnings-growth ratio of 1.31 and a beta of 1.21.

Information Services Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 6th were issued a $0.045 dividend. The ex-dividend date was Friday, June 6th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 4.15%. Information Services Group’s dividend payout ratio (DPR) is presently 120.00%.

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.