Icahn Enterprises L.P. (NASDAQ:IEP) Shares Acquired by Barclays PLC

Barclays PLC grew its holdings in Icahn Enterprises L.P. (NASDAQ:IEP) by 24.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,307 shares of the conglomerate’s stock after purchasing an additional 1,427 shares during the quarter. Barclays PLC’s holdings in Icahn Enterprises were worth $100,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IEP. Tempus Wealth Planning LLC acquired a new stake in shares of Icahn Enterprises in the third quarter valued at approximately $418,000. Meridian Wealth Management LLC purchased a new position in shares of Icahn Enterprises during the third quarter valued at approximately $272,000. Valeo Financial Advisors LLC purchased a new position in shares of Icahn Enterprises during the third quarter valued at approximately $203,000. Creative Planning lifted its stake in shares of Icahn Enterprises by 15.8% during the second quarter. Creative Planning now owns 108,372 shares of the conglomerate’s stock valued at $1,786,000 after buying an additional 14,805 shares during the period. Finally, Vima LLC purchased a new position in shares of Icahn Enterprises during the second quarter valued at approximately $220,000. 87.09% of the stock is currently owned by institutional investors and hedge funds.

Icahn Enterprises Stock Performance

Shares of IEP opened at $9.15 on Thursday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 4.61 and a current ratio of 4.61. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of -8.39 and a beta of 0.80. The company’s 50 day simple moving average is $10.77 and its 200 day simple moving average is $13.51. Icahn Enterprises L.P. has a 1 year low of $8.53 and a 1 year high of $22.59.

Icahn Enterprises Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Monday, November 18th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 21.86%. The ex-dividend date of this dividend was Monday, November 18th. Icahn Enterprises’s payout ratio is -183.49%.

About Icahn Enterprises

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.