Separately, UBS Group restated a “buy” rating and set a $25.00 target price on shares of Infineon Technologies in a report on Tuesday, May 7th.
Shares of Icahn Enterprises stock opened at $75.13 on Friday. The firm’s 50-day moving average price is $72.20. Icahn Enterprises has a 12 month low of $50.33 and a 12 month high of $81.88. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.34 and a quick ratio of 5.34.
A number of institutional investors have recently made changes to their positions in IEP. Osborn Williams & Donohoe LLC purchased a new position in shares of Icahn Enterprises in the 1st quarter valued at about $36,000. Baldwin Brothers Inc. MA purchased a new position in shares of Icahn Enterprises in the 1st quarter valued at about $36,000. OLD Second National Bank of Aurora boosted its stake in shares of Icahn Enterprises by 92.3% in the 2nd quarter. OLD Second National Bank of Aurora now owns 702 shares of the conglomerate’s stock valued at $51,000 after buying an additional 337 shares during the period. Bremer Bank National Association acquired a new stake in shares of Icahn Enterprises during the 1st quarter worth about $58,000. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Icahn Enterprises during the 1st quarter worth about $69,000. Institutional investors own 94.28% of the company’s stock.
About Icahn Enterprises
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and mining businesses in the United States and Internationally. Its Investment segment operates various private investment funds. The company's Automotive segment is involved in the retail and wholesale distribution of automotive parts in the aftermarket, as well as offers automotive repair and maintenance services.
Featured Story: Diversification For Individual Investors
Receive News & Ratings for Icahn Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icahn Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.