Corps Capital Advisors LLC purchased a new stake in Icahn Enterprises L.P. (NASDAQ:IEP – Free Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 22,854 shares of the conglomerate’s stock, valued at approximately $198,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Prime Capital Investment Advisors LLC lifted its position in Icahn Enterprises by 6.4% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 14,203 shares of the conglomerate’s stock worth $192,000 after buying an additional 855 shares in the last quarter. Global Retirement Partners LLC lifted its position in Icahn Enterprises by 18.1% in the 4th quarter. Global Retirement Partners LLC now owns 7,122 shares of the conglomerate’s stock worth $62,000 after buying an additional 1,089 shares in the last quarter. Barclays PLC lifted its position in Icahn Enterprises by 24.3% in the 3rd quarter. Barclays PLC now owns 7,307 shares of the conglomerate’s stock worth $100,000 after buying an additional 1,427 shares in the last quarter. PSI Advisors LLC lifted its position in Icahn Enterprises by 4.8% in the 3rd quarter. PSI Advisors LLC now owns 31,510 shares of the conglomerate’s stock worth $426,000 after buying an additional 1,455 shares in the last quarter. Finally, United Advisor Group LLC lifted its position in Icahn Enterprises by 7.7% in the 3rd quarter. United Advisor Group LLC now owns 28,930 shares of the conglomerate’s stock worth $391,000 after buying an additional 2,079 shares in the last quarter. Hedge funds and other institutional investors own 87.09% of the company’s stock.
Icahn Enterprises Stock Up 2.6 %
IEP stock opened at $10.25 on Thursday. Icahn Enterprises L.P. has a 12-month low of $8.53 and a 12-month high of $22.59. The company has a quick ratio of 4.61, a current ratio of 4.61 and a debt-to-equity ratio of 1.34. The company has a market cap of $5.17 billion, a price-to-earnings ratio of -9.40 and a beta of 0.81. The company has a 50 day moving average of $9.53 and a two-hundred day moving average of $11.95.
Icahn Enterprises Company Profile
Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.
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