SG Americas Securities LLC Takes $529,000 Position in IHS Holding Limited $IHS

SG Americas Securities LLC bought a new stake in IHS Holding Limited (NYSE:IHS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 64,282 shares of the business services provider’s stock, valued at approximately $529,000.

Several other large investors also recently bought and sold shares of IHS. Quantbot Technologies LP raised its stake in IHS by 647.6% during the second quarter. Quantbot Technologies LP now owns 68,437 shares of the business services provider’s stock valued at $381,000 after purchasing an additional 59,283 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of IHS by 457.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,113,427 shares of the business services provider’s stock worth $6,191,000 after buying an additional 913,549 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of IHS by 94.6% in the 2nd quarter. Marshall Wace LLP now owns 1,260,483 shares of the business services provider’s stock worth $7,008,000 after buying an additional 612,852 shares during the last quarter. Jump Financial LLC increased its holdings in shares of IHS by 227.3% in the 2nd quarter. Jump Financial LLC now owns 322,061 shares of the business services provider’s stock worth $1,791,000 after buying an additional 223,661 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in shares of IHS during the 2nd quarter valued at about $142,000. Institutional investors own 17.54% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of IHS from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, IHS currently has an average rating of “Hold” and a consensus price target of $8.38.

IHS Stock Performance

NYSE:IHS opened at $8.14 on Wednesday. The firm has a market capitalization of $2.73 billion, a PE ratio of 15.35 and a beta of 0.73. The stock’s fifty day moving average is $8.26 and its 200 day moving average is $8.08. IHS Holding Limited has a fifty-two week low of $5.71 and a fifty-two week high of $8.95.

IHS (NYSE:IHS) last posted its quarterly earnings data on Monday, May 11th. The business services provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.12). IHS had a negative return on equity of 1,351.44% and a net margin of 10.74%.The firm had revenue of $415.40 million for the quarter, compared to analysts’ expectations of $439.16 million.

IHS Company Profile

IHS Inc develops source of information, insight and analytics in different areas of business. The Company’s segments include Resources, Transportation and Consolidated Markets & Solutions. The Company’s Resources segment includes its Energy and Chemicals product offerings. Its Transportation segment includes its Automotive; Maritime & Trade, and Aerospace, Defense & Security product offerings. Its Consolidated Markets & Solutions segment includes its Product Design; Technology, Media & Telecom, and Economics & Country Risk product offerings.