Corps Capital Advisors LLC Takes $198,000 Position in Icahn Enterprises L.P. (NASDAQ:IEP)

Corps Capital Advisors LLC acquired a new stake in Icahn Enterprises L.P. (NASDAQ:IEP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,854 shares of the conglomerate’s stock, valued at approximately $198,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Merit Financial Group LLC bought a new stake in Icahn Enterprises during the fourth quarter worth approximately $343,000. Tempus Wealth Planning LLC bought a new stake in Icahn Enterprises during the third quarter worth approximately $418,000. SG Americas Securities LLC bought a new stake in Icahn Enterprises during the fourth quarter worth approximately $193,000. Meridian Wealth Management LLC bought a new stake in Icahn Enterprises during the third quarter worth approximately $272,000. Finally, Janney Montgomery Scott LLC bought a new stake in Icahn Enterprises during the fourth quarter worth approximately $173,000. 87.09% of the stock is currently owned by institutional investors.

Icahn Enterprises Stock Up 2.6 %

Shares of NASDAQ:IEP opened at $10.25 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 cap of $5.17 billion, a PE ratio of -9.40 and a beta of 0.81. Icahn Enterprises L.P. has a 52 week low of $8.53 and a 52 week high of $22.59. The firm has a 50 day simple moving average of $9.53 and a 200 day simple moving average of $11.95.

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.