Ingersoll Rand Inc. (NYSE:IR) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its holdings in Ingersoll Rand Inc. (NYSE:IR) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,776 shares of the industrial products company’s stock after purchasing an additional 1,576 shares during the quarter. Yousif Capital Management LLC’s holdings in Ingersoll Rand were worth $4,774,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IR. Virtu Financial LLC acquired a new stake in shares of Ingersoll Rand during the 3rd quarter worth approximately $864,000. Nordea Investment Management AB grew its stake in shares of Ingersoll Rand by 19.1% in the fourth quarter. Nordea Investment Management AB now owns 1,691,399 shares of the industrial products company’s stock worth $153,867,000 after purchasing an additional 271,381 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Ingersoll Rand by 9.4% during the third quarter. Daiwa Securities Group Inc. now owns 90,827 shares of the industrial products company’s stock valued at $8,916,000 after purchasing an additional 7,784 shares during the period. GDS Wealth Management lifted its holdings in Ingersoll Rand by 6.4% in the third quarter. GDS Wealth Management now owns 167,248 shares of the industrial products company’s stock worth $16,417,000 after purchasing an additional 10,081 shares during the period. Finally, Intech Investment Management LLC grew its position in Ingersoll Rand by 28.2% in the 3rd quarter. Intech Investment Management LLC now owns 101,745 shares of the industrial products company’s stock valued at $9,987,000 after buying an additional 22,401 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Price Performance

NYSE IR opened at $90.96 on Friday. Ingersoll Rand Inc. has a 1 year low of $83.72 and a 1 year high of $106.03. The stock’s 50-day moving average price is $94.31 and its two-hundred day moving average price is $95.50. The company has a market cap of $36.66 billion, a PE ratio of 44.37, a PEG ratio of 3.72 and a beta of 1.43. The company has a current ratio of 2.36, a quick ratio of 1.71 and a debt-to-equity ratio of 0.46.

Wall Street Analyst Weigh In

A number of analysts have commented on IR shares. UBS Group initiated coverage on shares of Ingersoll Rand in a research report on Wednesday, November 13th. They set a “buy” rating and a $124.00 price target on the stock. Citigroup dropped their target price on Ingersoll Rand from $119.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group lifted their price target on Ingersoll Rand from $109.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Robert W. Baird cut their price objective on Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Finally, Stifel Nicolaus lowered their target price on Ingersoll Rand from $107.00 to $100.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.92.

Ingersoll Rand Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.