Thomson Horstmann & Bryant Inc. Has $7.18 Million Position in Information Services Group, Inc. (III)

Thomson Horstmann & Bryant Inc. boosted its stake in shares of Information Services Group, Inc. (NASDAQ:III) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,721,466 shares of the business services provider’s stock after buying an additional 24,007 shares during the period. Thomson Horstmann & Bryant Inc. owned approximately 3.97% of Information Services Group worth $7,178,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Rhumbline Advisers increased its holdings in shares of Information Services Group by 6.1% in the 2nd quarter. Rhumbline Advisers now owns 32,784 shares of the business services provider’s stock worth $135,000 after purchasing an additional 1,890 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Information Services Group by 7.9% in the 2nd quarter. SG Americas Securities LLC now owns 61,481 shares of the business services provider’s stock worth $253,000 after purchasing an additional 4,487 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of Information Services Group by 12.6% in the 2nd quarter. Teachers Advisors LLC now owns 72,314 shares of the business services provider’s stock worth $297,000 after purchasing an additional 8,076 shares in the last quarter. TIAA CREF Investment Management LLC increased its holdings in shares of Information Services Group by 8.1% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 105,180 shares of the business services provider’s stock worth $432,000 after purchasing an additional 7,860 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Information Services Group by 5.4% in the 2nd quarter. Northern Trust Corp now owns 381,784 shares of the business services provider’s stock worth $1,569,000 after purchasing an additional 19,660 shares in the last quarter. 42.06% of the stock is owned by institutional investors.

Shares of Information Services Group, Inc. (NASDAQ:III) traded down $0.01 on Wednesday, hitting $4.10. The company had a trading volume of 34,100 shares, compared to its average volume of 40,317. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 1.58. Information Services Group, Inc. has a one year low of $2.95 and a one year high of $4.63. The company has a market capitalization of $181.41, a price-to-earnings ratio of -19.52, a P/E/G ratio of 1.36 and a beta of 0.38.

In related news, Director Kalpana Raina sold 18,000 shares of Information Services Group stock in a transaction on Monday, November 20th. The stock was sold at an average price of $4.02, for a total value of $72,360.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 12.00% of the company’s stock.

A number of analysts have commented on the company. Zacks Investment Research raised Information Services Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. B. Riley reissued a “buy” rating and issued a $6.50 target price on shares of Information Services Group in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.50.

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About Information Services Group

Information Services Group, Inc is a technology insights, market intelligence and advisory services company. The Company operates in the segment of fact-based sourcing advisory services. It supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services with a focus on information technology, business process transformation, program management services and enterprise resource planning.

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Institutional Ownership by Quarter for Information Services Group (NASDAQ:III)

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