Kingsview Wealth Management LLC Purchases 217 Shares of Icahn Enterprises L.P. (NASDAQ:IEP)

Kingsview Wealth Management LLC lifted its position in Icahn Enterprises L.P. (NASDAQ:IEP – Get Rating) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,524 shares of the conglomerate’s stock after purchasing an additional 217 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Icahn Enterprises were worth $1,119,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IEP. Geneos Wealth Management Inc. grew its position in Icahn Enterprises by 140.8% in the first quarter. Geneos Wealth Management Inc. now owns 513 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 300 shares in the last quarter. CoreCap Advisors LLC purchased a new position in Icahn Enterprises in the second quarter worth about $27,000. Wagner Wealth Management LLC purchased a new position in Icahn Enterprises in the second quarter worth about $29,000. SeaCrest Wealth Management LLC purchased a new position in Icahn Enterprises in the second quarter worth about $48,000. Finally, Private Trust Co. NA purchased a new position in Icahn Enterprises in the second quarter worth about $54,000. 86.86% of the stock is owned by institutional investors.

Icahn Enterprises Trading Down 0.1 %

IEP opened at $50.34 on Wednesday. The firm has a market cap of $17.80 billion, a P/E ratio of -109.43 and a beta of 0.73. Icahn Enterprises L.P. has a 12 month low of $47.17 and a 12 month high of $55.55. The company has a current ratio of 6.79, a quick ratio of 6.79 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average of $53.42 and a 200 day moving average of $52.35.

Icahn Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 19th. Investors of record on Monday, March 13th will be given a $2.00 dividend. The ex-dividend date is Friday, March 10th. This represents a $8.00 annualized dividend and a yield of 15.89%. Icahn Enterprises’s dividend payout ratio is currently -1,739.09%.

About Icahn Enterprises

(Get Rating)

Icahn Enterprises LP operates as holding company. It operates through following eight business segments: Investment, Automotive, Energy, Food Packaging, Metals, Real Estate, Home Fashion, and Pharma. The Investment segment consists of various private investment funds. The Automotive segment holds ownership in Icahn Automotive Group LLC.