LSV Asset Management Has $2.36 Million Stock Holdings in Information Services Group, Inc. (NASDAQ:III)

LSV Asset Management lessened its stake in Information Services Group, Inc. (NASDAQ:III - Free Report) by 43.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 707,594 shares of the business services provider's stock after selling 549,738 shares during the quarter. LSV Asset Management owned about 1.44% of Information Services Group worth $2,363,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in III. Picton Mahoney Asset Management increased its position in shares of Information Services Group by 47.2% in the fourth quarter. Picton Mahoney Asset Management now owns 9,704 shares of the business services provider's stock worth $32,000 after acquiring an additional 3,110 shares in the last quarter. Williams & Novak LLC increased its position in shares of Information Services Group by 10.3% in the fourth quarter. Williams & Novak LLC now owns 43,775 shares of the business services provider's stock worth $146,000 after acquiring an additional 4,080 shares in the last quarter. Wells Fargo & Company MN raised its stake in Information Services Group by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 20,915 shares of the business services provider's stock valued at $70,000 after purchasing an additional 4,741 shares during the period. SG Americas Securities LLC raised its position in Information Services Group by 40.5% during the fourth quarter. SG Americas Securities LLC now owns 20,752 shares of the business services provider's stock valued at $69,000 after buying an additional 5,983 shares during the period. Finally, Access Investment Management LLC lifted its position in shares of Information Services Group by 183.8% in the fourth quarter. Access Investment Management LLC now owns 10,515 shares of the business services provider's stock worth $35,000 after purchasing an additional 6,810 shares in the last quarter. 73.10% of the stock is owned by hedge funds and other institutional investors.

Information Services Group Stock Up 0.5 %

Shares of III stock traded up $0.02 on Friday, hitting $3.72. The company's stock had a trading volume of 115,820 shares, compared to its average volume of 108,644. The stock has a market capitalization of $179.51 million, a price-to-earnings ratio of -53.14, a P/E/G ratio of 1.34 and a beta of 0.94. Information Services Group, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $4.05. The firm's fifty day moving average price is $3.45 and its 200-day moving average price is $3.35. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.97 and a quick ratio of 1.97.

Information Services Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 21st were paid a dividend of $0.045 per share. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.18 annualized dividend and a dividend yield of 4.84%. Information Services Group's dividend payout ratio (DPR) is presently 360.00%.

Analyst Ratings Changes

III has been the topic of a number of research reports. Barrington Research reaffirmed an "outperform" rating and issued a $3.75 price target on shares of Information Services Group in a research note on Monday, March 10th. StockNews.com upgraded Information Services Group from a "buy" rating to a "strong-buy" rating in a report on Monday, March 10th.

Information Services Group 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.