Campbell & CO Investment Adviser LLC Increases Stock Position in H&E Equipment Services, Inc. (NASDAQ:HEES)

Campbell & CO Investment Adviser LLC raised its stake in shares of H&E Equipment Services, Inc. (NASDAQ:HEESFree Report) by 95.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 11,409 shares of the industrial products company’s stock after acquiring an additional 5,567 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in H&E Equipment Services were worth $493,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of HEES. State of Wyoming bought a new position in shares of H&E Equipment Services in the 2nd quarter worth approximately $30,000. West Tower Group LLC purchased a new stake in H&E Equipment Services during the 2nd quarter valued at approximately $36,000. Sunbelt Securities Inc. purchased a new stake in H&E Equipment Services during the 1st quarter valued at approximately $36,000. Tower Research Capital LLC TRC grew its holdings in H&E Equipment Services by 396.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 839 shares of the industrial products company’s stock valued at $37,000 after buying an additional 670 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of H&E Equipment Services in the first quarter valued at $55,000. Institutional investors own 76.15% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. StockNews.com raised shares of H&E Equipment Services from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Stifel Nicolaus raised their target price on shares of H&E Equipment Services from $56.00 to $59.00 and gave the company a “buy” rating in a report on Tuesday, December 19th.

Get Our Latest Report on HEES

H&E Equipment Services Trading Up 3.7 %

HEES stock opened at $57.04 on Tuesday. The firm has a market cap of $2.08 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. The firm has a fifty day moving average price of $50.86 and a 200 day moving average price of $46.56. H&E Equipment Services, Inc. has a fifty-two week low of $32.33 and a fifty-two week high of $57.09. The company has a debt-to-equity ratio of 2.84, a quick ratio of 1.23 and a current ratio of 1.85.

H&E Equipment Services Profile

(Free Report)

H&E Equipment Services, Inc operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis.

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Institutional Ownership by Quarter for H&E Equipment Services (NASDAQ:HEES)

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