Renaissance Technologies LLC Bought 135200 Shares of Infrastructure and Energy Alternatives …

Renaissance Technologies LLC increased its stake in Infrastructure and Energy Alternatives (NYSE:IEA) by 131.0% in the 3rd quarter, according to …

Renaissance Technologies LLC increased its stake in Infrastructure and Energy Alternatives (NYSE:IEA) by 131.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 238,423 shares of the company’s stock after acquiring an additional 135,200 shares during the period. Renaissance Technologies LLC owned approximately 1.10% of Infrastructure and Energy Alternatives worth $2,503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in shares of Infrastructure and Energy Alternatives by 83.4% during the second quarter. BlackRock Inc. now owns 1,834,278 shares of the company’s stock valued at $17,077,000 after buying an additional 834,278 shares during the period. Royce & Associates LP boosted its position in shares of Infrastructure and Energy Alternatives by 15.3% during the third quarter. Royce & Associates LP now owns 755,000 shares of the company’s stock valued at $7,928,000 after buying an additional 100,000 shares during the period. Northern Trust Corp purchased a new position in shares of Infrastructure and Energy Alternatives during the second quarter valued at approximately $1,376,000. Acadian Asset Management LLC boosted its position in shares of Infrastructure and Energy Alternatives by 54.3% during the third quarter. Acadian Asset Management LLC now owns 80,012 shares of the company’s stock valued at $842,000 after buying an additional 28,170 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Infrastructure and Energy Alternatives during the second quarter valued at approximately $394,000.

Shares of Infrastructure and Energy Alternatives stock traded down $0.15 on Friday, hitting $8.41. 19,300 shares of the company traded hands, compared to its average volume of 19,638. Infrastructure and Energy Alternatives has a 52 week low of $7.05 and a 52 week high of $11.27.

IEA has been the subject of several recent analyst reports. Zacks Investment Research upgraded Infrastructure and Energy Alternatives from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Thursday, October 18th. DA Davidson started coverage on shares of Infrastructure and Energy Alternatives in a research note on Thursday, November 1st. They set a “neutral” rating and a $10.50 price target for the company.

Infrastructure and Energy Alternatives Profile

Infrastructure and Energy Alternatives, Inc, an infrastructure construction company, provides engineering, procurement, construction, and maintenance services. It offers design, site development, construction, installation, and restoration of infrastructure services for the wind, solar, thermal, and biomass/alternative fuel power plants; and highways, bridges, and railroads, as well as provides other industrial services.

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Infrastructure and Energy Alternatives (IEA) Position Lifted by Vanguard Group Inc

Vanguard Group Inc lifted its stake in Infrastructure and Energy Alternatives (NYSE:IEA) by 36.6% during the third quarter, according to its most recent …

Infrastructure and Energy Alternatives logoVanguard Group Inc lifted its stake in Infrastructure and Energy Alternatives (NYSE:IEA) by 36.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 499,605 shares of the company’s stock after acquiring an additional 133,763 shares during the period. Vanguard Group Inc owned 2.32% of Infrastructure and Energy Alternatives worth $5,245,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IEA. Virtu Financial LLC acquired a new stake in Infrastructure and Energy Alternatives in the 3rd quarter valued at approximately $143,000. Meeder Asset Management Inc. grew its holdings in shares of Infrastructure and Energy Alternatives by 17,744.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 18,380 shares of the company’s stock worth $193,000 after purchasing an additional 18,277 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Infrastructure and Energy Alternatives during the 2nd quarter worth approximately $282,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of Infrastructure and Energy Alternatives during the 2nd quarter worth approximately $307,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Infrastructure and Energy Alternatives during the 2nd quarter worth approximately $394,000.

Several analysts have recently weighed in on IEA shares. DA Davidson started coverage on Infrastructure and Energy Alternatives in a report on Thursday, November 1st. They set a “neutral” rating and a $10.50 price objective on the stock. Zacks Investment Research raised Infrastructure and Energy Alternatives from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a report on Thursday, November 1st.

Shares of NYSE:IEA traded down $0.31 during trading on Tuesday, hitting $8.26. 1,198 shares of the stock were exchanged, compared to its average volume of 19,879. Infrastructure and Energy Alternatives has a 1-year low of $7.05 and a 1-year high of $11.27.

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About Infrastructure and Energy Alternatives

Infrastructure and Energy Alternatives, Inc, an infrastructure construction company, provides engineering, procurement, construction, and maintenance services. It offers design, site development, construction, installation, and restoration of infrastructure services for the wind, solar, thermal, and biomass/alternative fuel power plants; and highways, bridges, and railroads, as well as provides other industrial services.

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Institutional Ownership by Quarter for Infrastructure and Energy Alternatives (NYSE:IEA)

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