Adams Asset Advisors Raised Macys (M) Stake, Ies Holdings (IESC) SI Increased By 9.8%

June 13, 2017 - By Linda Rogers

Adams Asset Advisors Llc increased Macys (M) stake by 12.14% reported in 2016Q4 SEC filing. Adams Asset Advisors Llc acquired 11,681 shares as Macys (M)’s stock declined 28.76%. The Adams Asset Advisors Llc holds 107,873 shares with $3.86 million value, up from 96,192 last quarter. Macys now has $7.20 billion valuation. The stock decreased 0.13% or $0.03 during the last trading session, reaching $22.67. About 652 shares traded. Macy’s Inc (NYSE:M) has declined 25.46% since June 13, 2016 and is downtrending. It has underperformed by 42.16% the S&P500.

Ies Holdings Incorporated (NASDAQ:IESC) had an increase of 9.8% in short interest. IESC’s SI was 299,100 shares in June as released by FINRA. Its up 9.8% from 272,400 shares previously. With 81,500 avg volume, 4 days are for Ies Holdings Incorporated (NASDAQ:IESC)’s short sellers to cover IESC’s short positions. The SI to Ies Holdings Incorporated’s float is 3.58%. The stock increased 0.63% or $0.1 during the last trading session, reaching $16. About shares traded. IES Holdings Inc (NASDAQ:IESC) has risen 15.78% since June 13, 2016 and is uptrending. It has underperformed by 0.92% the S&P500.

IES Holdings, Inc., formerly Integrated Electrical Services, Inc., is a holding firm that owns and manages diverse operating subsidiaries across a range of infrastructure-related end markets. The company has market cap of $343.54 million. The Firm operates through four divisions: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions. It has a 2.96 P/E ratio. The Communications segment provides network infrastructure services for data centers and other mission critical environments.

Among 29 analysts covering Macy’s Inc. (NYSE:M), 5 have Buy rating, 1 Sell and 23 Hold. Therefore 17% are positive. Macy’s Inc. had 73 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was reinitiated by JP Morgan on Thursday, January 21 with “Neutral”. On Wednesday, October 21 the stock rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform”. The company was maintained on Thursday, November 12 by Morgan Stanley. The stock of Macy’s Inc (NYSE:M) has “Neutral” rating given on Friday, August 12 by Macquarie Research. The stock of Macy’s Inc (NYSE:M) has “Neutral” rating given on Friday, August 12 by Goldman Sachs. The firm earned “Negative” rating on Wednesday, November 4 by OTR Global. Stifel Nicolaus maintained the shares of M in report on Friday, August 14 with “Buy” rating. The firm earned “Sector Perform” rating on Friday, August 12 by RBC Capital Markets. Standpoint Research initiated Macy’s Inc (NYSE:M) on Monday, August 24 with “Buy” rating. The rating was maintained by Deutsche Bank with “Sell” on Monday, August 17.

Adams Asset Advisors Llc decreased Unisys Corp (NYSE:UIS) stake by 34,965 shares to 64,010 valued at $957,000 in 2016Q4. It also reduced Arcbest Corporation (NASDAQ:ARCB) stake by 34,970 shares and now owns 33,159 shares. Murphy Oil Corp (NYSE:MUR) was reduced too.