Northern Trust Corp grew its position in shares of Information Services Group, Inc. (NASDAQ:III) by 5.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 381,784 shares of the business services provider’s stock after purchasing an additional 19,660 shares during the period. Northern Trust Corp owned approximately 0.89% of Information Services Group worth $1,569,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers increased its position in shares of Information Services Group by 6.1% during the second quarter. Rhumbline Advisers now owns 32,784 shares of the business services provider’s stock worth $135,000 after acquiring an additional 1,890 shares during the period. SG Americas Securities LLC increased its position in shares of Information Services Group by 7.9% during the second quarter. SG Americas Securities LLC now owns 61,481 shares of the business services provider’s stock worth $253,000 after acquiring an additional 4,487 shares during the period. Teachers Advisors LLC increased its position in shares of Information Services Group by 12.6% during the second quarter. Teachers Advisors LLC now owns 72,314 shares of the business services provider’s stock worth $297,000 after acquiring an additional 8,076 shares during the period. Bank of New York Mellon Corp increased its position in shares of Information Services Group by 2.8% during the first quarter. Bank of New York Mellon Corp now owns 95,580 shares of the business services provider’s stock worth $301,000 after acquiring an additional 2,623 shares during the period. Finally, TIAA CREF Investment Management LLC increased its position in shares of Information Services Group by 1.6% during the first quarter. TIAA CREF Investment Management LLC now owns 97,320 shares of the business services provider’s stock worth $307,000 after acquiring an additional 1,486 shares during the period. Institutional investors own 42.07% of the company’s stock.

A number of analysts have recently weighed in on III shares. B. Riley reaffirmed a “buy” rating and set a $6.50 price objective on shares of Information Services Group in a research report on Monday, August 14th. Noble Financial reaffirmed a “buy” rating on shares of Information Services Group in a research report on Tuesday, August 8th. ValuEngine raised Information Services Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research raised Information Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Information Services Group has a consensus rating of “Buy” and an average price target of $5.50.

Information Services Group, Inc. (NASDAQ III) opened at $4.54 on Monday. 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 twelve month low of $2.95 and a twelve month high of $4.63.

In related news, Director Kalpana Raina sold 18,000 shares of the 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 12.00% of the company’s stock.

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Information Services Group Company Profile

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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