Fmr LLC Has $82,000 Position in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Fmr LLC raised its stake in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 1,868.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,252 shares of the industrial products company’s stock after acquiring 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.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EVI. Conestoga Capital Advisors LLC grew its position in EVI Industries by 1.3% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 775,266 shares of the industrial products company’s stock valued at $14,986,000 after purchasing an additional 9,615 shares during the period. Raymond James & Associates lifted its stake in shares of EVI Industries by 2.7% in the second quarter. Raymond James & Associates now owns 188,083 shares of the industrial products company’s stock valued at $3,559,000 after buying an additional 4,918 shares in the last quarter. King Luther Capital Management Corp acquired a new position in shares of EVI Industries during the third quarter valued at about $694,000. Natixis Advisors LLC increased its position 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 in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of EVI Industries by 7.1% in the 2nd 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. 37.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

EVI Industries Stock Performance

EVI Industries stock opened at $17.43 on Tuesday. EVI Industries, Inc. has a fifty-two week low of $14.51 and a fifty-two week 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 stock has a market cap of $248.03 million, a P/E ratio of 34.86 and a beta of 0.35.

About EVI Industries

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.