Fmr LLC Acquires 4,036 Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI)

Fmr LLC increased its stake in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 1,868.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,252 shares of the industrial products company’s stock after buying an additional 4,036 shares during the quarter. Fmr LLC’s holdings in EVI Industries were worth $82,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of EVI Industries in the second quarter valued at about $158,000. Bard Associates Inc. acquired a new position in EVI Industries in the 3rd quarter valued at about $223,000. Renaissance Technologies LLC raised its holdings in EVI Industries by 18.7% in the 2nd quarter. Renaissance Technologies LLC now owns 13,765 shares of the industrial products company’s stock valued at $260,000 after acquiring an additional 2,168 shares during the period. Bank of New York Mellon Corp lifted its position in EVI Industries by 7.1% during the second quarter. Bank of New York Mellon Corp now owns 21,499 shares of the industrial products company’s stock worth $407,000 after acquiring an additional 1,422 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in shares of EVI Industries by 4.6% during the third quarter. Natixis Advisors LLC now owns 33,726 shares of the industrial products company’s stock worth $652,000 after acquiring an additional 1,485 shares during the period. 37.30% of the stock is owned by institutional investors.

EVI Industries Stock Performance

Shares of EVI stock opened at $17.43 on Tuesday. EVI Industries, Inc. has a twelve month low of $14.51 and a twelve month high of $25.50. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.44. The firm has a market cap of $248.03 million, a P/E ratio of 34.86 and a beta of 0.35.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of EVI Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, November 19th.

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.