Public Employees Retirement System of Ohio boosted its position in IAC/InterActiveCorp (NASDAQ:IAC) by 8.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,257 shares of the company’s stock after buying an additional 2,161 shares during the period. Public Employees Retirement System of Ohio’s holdings in IAC/InterActiveCorp were worth $3,020,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Comerica Bank raised its holdings in shares of IAC/InterActiveCorp by 0.7% during the first quarter. Comerica Bank now owns 3,269 shares of the company’s stock valued at $272,000 after purchasing an additional 23 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of IAC/InterActiveCorp by 0.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,676 shares of the company’s stock valued at $689,000 after purchasing an additional 25 shares during the period. US Bancorp DE raised its holdings in shares of IAC/InterActiveCorp by 0.6% during the second quarter. US Bancorp DE now owns 5,261 shares of the company’s stock valued at $543,000 after purchasing an additional 30 shares during the period. Keybank National Association OH raised its holdings in shares of IAC/InterActiveCorp by 1.7% during the second quarter. Keybank National Association OH now owns 8,987 shares of the company’s stock valued at $928,000 after purchasing an additional 150 shares during the period. Finally, Voya Investment Management LLC raised its holdings in shares of IAC/InterActiveCorp by 0.6% during the second quarter. Voya Investment Management LLC now owns 26,908 shares of the company’s stock valued at $2,778,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 85.36% of the company’s stock.

IAC/InterActiveCorp (IAC) opened at 127.23 on Tuesday. IAC/InterActiveCorp has a 1-year low of $60.39 and a 1-year high of $127.53. The firm has a 50-day moving average of $120.52 and a 200-day moving average of $106.94. The stock has a market capitalization of $10.15 billion, a PE ratio of 45.47 and a beta of 1.14.

IAC/InterActiveCorp (NASDAQ:IAC) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.24. IAC/InterActiveCorp had a net margin of 10.50% and a return on equity of 13.94%. The firm had revenue of $767.39 million during the quarter, compared to analyst estimates of $758.01 million. During the same period in the previous year, the business posted $0.42 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities analysts expect that IAC/InterActiveCorp will post $3.08 EPS for the current fiscal year.

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Several equities analysts have recently weighed in on the stock. Susquehanna Bancshares Inc reiterated a “positive” rating and set a $140.00 price objective (up previously from $114.00) on shares of IAC/InterActiveCorp in a report on Wednesday, August 9th. BidaskClub upgraded shares of IAC/InterActiveCorp from a “buy” rating to a “strong-buy” rating in a report on Friday, October 13th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $150.00 target price on shares of IAC/InterActiveCorp in a research report on Wednesday, October 11th. Guggenheim reissued a “buy” rating and set a $135.00 target price (up from $130.00) on shares of IAC/InterActiveCorp in a research report on Tuesday, October 3rd. Finally, UBS AG reissued a “buy” rating and set a $126.00 target price (up from $115.00) on shares of IAC/InterActiveCorp in a research report on Friday, August 4th. One analyst has rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $132.10.

IAC/InterActiveCorp Profile

IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.

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Institutional Ownership by Quarter for IAC/InterActiveCorp (NASDAQ:IAC)

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