Heritage Investors Management Corp decreased its stake in EVI Industries, Inc. (NYSEAMERICAN:EVI – Free Report) by 9.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,594 shares of the industrial products company’s stock after selling 2,732 shares during the quarter. Heritage Investors Management Corp owned 0.20% of EVI Industries worth $655,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Broadcrest Asset Management LLC purchased a new position in shares of EVI Industries during the third quarter valued at $8,389,000. Natixis Advisors L.P. grew its stake in EVI Industries by 4.0% during the 3rd quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock valued at $825,000 after acquiring an additional 1,288 shares in the last quarter. Finally, Carmel Capital Partners LLC increased its holdings in shares of EVI Industries by 489.9% in the 4th quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 9,185 shares during the period. Hedge funds and other institutional investors own 37.30% of the company’s stock.
EVI Industries Price Performance
EVI traded up $0.89 during trading on Thursday, reaching $22.40. 9,218 shares of the stock traded hands, compared to its average volume of 15,780. The company has a current ratio of 1.62, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. EVI Industries, Inc. has a fifty-two week low of $18.47 and a fifty-two week high of $28.65. The stock has a market cap of $283.81 million, a price-to-earnings ratio of 44.80 and a beta of 0.39.
EVI Industries Profile
EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.
Featured Stories
- Five stocks we like better than EVI Industries
- Investing In Automotive Stocks
- Roblox: The Bottom Just Fell Out of the Metaverse
- 5 Top Rated Dividend Stocks to Consider
- Airbnb Stock Plummets After Earnings, But is It a Buy?
- Basic Materials Stocks Investing
- Uber’s Earnings Drop Is Investors Opportunity
Receive News & Ratings for EVI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVI Industries and related companies with MarketBeat.com's FREE daily email newsletter.