State Street Corp Has $1.74 Million Stock Position in EVI Industries, Inc. (NYSEAMERICAN:EVI)

State Street Corp lifted its stake in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,520 shares of the industrial products company’s stock after purchasing an additional 1,685 shares during the period. State Street Corp owned 0.69% of EVI Industries worth $1,739,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. King Luther Capital Management Corp bought a new stake in shares of EVI Industries during the third quarter worth $694,000. Bard Associates Inc. acquired a new position in EVI Industries in the 3rd quarter worth $223,000. Conestoga Capital Advisors LLC increased its holdings in EVI Industries by 1.3% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 775,266 shares of the industrial products company’s stock worth $14,986,000 after purchasing an additional 9,615 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in EVI Industries during the 2nd quarter worth about $158,000. Finally, FMR LLC raised its stake in shares of EVI Industries by 1,868.5% in the 3rd quarter. FMR LLC now owns 4,252 shares of the industrial products company’s stock valued at $82,000 after purchasing an additional 4,036 shares during the period. 37.30% of the stock is owned by institutional investors.

EVI Industries Stock Down 3.9 %

Shares of NYSEAMERICAN:EVI opened at $16.35 on Thursday. EVI Industries, Inc. has a 12-month low of $14.51 and a 12-month high of $25.50. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.44 and a quick ratio of 0.79. The firm has a market cap of $232.66 million, a P/E ratio of 32.70 and a beta of 0.35.

Wall Street Analyst Weigh In

Separately, StockNews.com cut EVI Industries from a “buy” rating to a “hold” rating in a report on Monday.

EVI Industries Company 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.