Icahn Enterprises LP (IEP) Stake Raised by American Asset Management Inc.

American Asset Management Inc. lifted its position in shares of Icahn Enterprises LP (NASDAQ:IEP) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,322 shares of the conglomerate’s stock after purchasing an additional 605 shares during the period. American Asset Management Inc.’s holdings in Icahn Enterprises were worth $475,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IEP. California Public Employees Retirement System increased its holdings in shares of Icahn Enterprises by 79.0% in the 2nd quarter. California Public Employees Retirement System now owns 25,615 shares of the conglomerate’s stock worth $1,820,000 after purchasing an additional 11,303 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Icahn Enterprises in the 3rd quarter worth $617,000. Oppenheimer & Co. Inc. increased its holdings in shares of Icahn Enterprises by 55.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 5,760 shares of the conglomerate’s stock worth $407,000 after purchasing an additional 2,056 shares in the last quarter. Fishman Jay A Ltd. MI increased its holdings in shares of Icahn Enterprises by 0.9% in the 3rd quarter. Fishman Jay A Ltd. MI now owns 93,184 shares of the conglomerate’s stock worth $6,590,000 after purchasing an additional 800 shares in the last quarter. Finally, Moody National Bank Trust Division increased its holdings in shares of Icahn Enterprises by 20.7% in the 3rd quarter. Moody National Bank Trust Division now owns 11,100 shares of the conglomerate’s stock worth $785,000 after purchasing an additional 1,900 shares in the last quarter. 96.76% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub raised Icahn Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, October 30th.

Icahn Enterprises stock opened at $68.50 on Tuesday. The firm has a market capitalization of $12.88 billion, a price-to-earnings ratio of 21.32 and a beta of 1.51. Icahn Enterprises LP 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 0.64, a current ratio of 5.84 and a quick ratio of 5.84.

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About Icahn Enterprises

Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. Its Investment segment operates various private investment funds.

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Institutional Ownership by Quarter for Icahn Enterprises (NASDAQ:IEP)

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