Information Services Group’s (III) Outperform Rating Reiterated at Barrington Research

Barrington Research restated their outperform rating on shares of Information Services Group (NASDAQ:III) in a research report report published on Monday,Benzinga reports. Barrington Research currently has a $3.75 price target on the business services provider’s stock.

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

Information Services Group Price Performance

Shares of Information Services Group stock opened at $3.29 on Monday. Information Services Group has a one year low of $2.92 and a one year high of $4.19. The stock’s fifty day moving average is $3.18 and its 200 day moving average is $3.28. The stock has a market cap of $161.45 million, a P/E ratio of -46.99, a P/E/G ratio of 1.34 and a beta of 1.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.97 and a current ratio of 1.97.

Information Services Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 21st will be given 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 5.47%. Information Services Group’s dividend payout ratio (DPR) is presently 360.00%.

Institutional Trading of Information Services Group

Several institutional investors and hedge funds have recently modified their holdings of III. Equitable Trust Co. raised its stake in Information Services Group by 4.5% in the third quarter. Equitable Trust Co. now owns 173,472 shares of the business services provider’s stock worth $572,000 after buying an additional 7,515 shares in the last quarter. GSA Capital Partners LLP raised its stake in Information Services Group by 30.7% in the third quarter. GSA Capital Partners LLP now owns 110,895 shares of the business services provider’s stock worth $366,000 after buying an additional 26,019 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Information Services Group in the third quarter worth approximately $60,000. State Street Corp raised its stake in Information Services Group by 3.2% in the third quarter. State Street Corp now owns 578,220 shares of the business services provider’s stock worth $1,934,000 after buying an additional 17,796 shares in the last quarter. Finally, Barclays PLC raised its stake in Information Services Group by 52.5% in the third quarter. Barclays PLC now owns 101,111 shares of the business services provider’s stock worth $334,000 after buying an additional 34,816 shares in the last quarter. Institutional investors own 73.10% of the company’s stock.

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.