North Star Investment Management Corp. Purchases 123,883 Shares of Information Services Group, Inc. $III

North Star Investment Management Corp. boosted its position in shares of Information Services Group, Inc. (NASDAQ:III) by 2,477.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,883 shares of the business services provider’s stock after acquiring an additional 123,883 shares during the period. North Star Investment Management Corp. owned 0.27% of Information Services Group worth $495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of III. Tower Research Capital LLC TRC increased its position in shares of Information Services Group by 250.1% during the second quarter. Tower Research Capital LLC TRC now owns 10,047 shares of the business services provider’s stock worth $48,000 after purchasing an additional 7,177 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Information Services Group in the 2nd quarter worth $53,000. BNP Paribas Financial Markets grew its stake in Information Services Group by 65.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,427 shares of the business services provider’s stock worth $54,000 after buying an additional 3,739 shares during the last quarter. Verdad Advisers LP purchased a new position in Information Services Group during the 4th quarter worth $67,000. Finally, Centiva Capital LP acquired a new position in Information Services Group during the 3rd quarter valued at about $68,000. 73.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Information Services Group in a research note on Tuesday, June 9th. Barrington Research restated an “outperform” rating and set a $5.50 price target on shares of Information Services Group in a research note on Thursday, April 16th. Finally, Wall Street Zen downgraded shares of Information Services Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.50.

Information Services Group Price Performance

Shares of III opened at $4.11 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.65 and a quick ratio of 2.65. The company’s fifty day moving average price is $4.22 and its 200-day moving average price is $4.71. Information Services Group, Inc. has a 1-year low of $3.74 and a 1-year high of $6.45. The firm has a market capitalization of $196.62 million, a PE ratio of 20.55, a price-to-earnings-growth ratio of 0.88 and a beta of 1.09.

Information Services Group (NASDAQ:III) last issued its earnings results on Thursday, May 7th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Information Services Group had a return on equity of 12.92% and a net margin of 4.29%.The company had revenue of $61.18 million during the quarter, compared to analyst estimates of $60.85 million. On average, equities research analysts predict that Information Services Group, Inc. will post 0.27 EPS for the current year.

Information Services Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 5th were paid a $0.045 dividend. This represents a $0.18 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, June 5th. Information Services Group’s dividend payout ratio (DPR) is presently 90.00%.

About Information Services Group

Information Services Group, Inc (ISG) is a leading global technology research and advisory firm specializing in digital transformation, sourcing strategies and technology-driven business operations. Headquartered in Stamford, Connecticut, the company leverages deep market insights and data analytics to help clients optimize cost structures, accelerate growth and navigate complex technology landscapes. Since its founding in 2006, ISG has cultivated expertise across industries including financial services, healthcare, manufacturing and the public sector.

ISG’s core offerings include sourcing advisory, managed governance, market intelligence and research services.