Captrust Financial Advisors Purchases 5,529 Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI)

Captrust Financial Advisors lifted its position in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 144,514 shares of the industrial products company’s stock after buying an additional 5,529 shares during the quarter. Captrust Financial Advisors’ holdings in EVI Industries were worth $2,363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Bard Associates Inc. grew its holdings in EVI Industries by 6.7% in the 4th quarter. Bard Associates Inc. now owns 12,113 shares of the industrial products company’s stock valued at $198,000 after buying an additional 764 shares in the last quarter. Barclays PLC boosted its position in shares of EVI Industries by 11.7% in the fourth quarter. Barclays PLC now owns 8,091 shares of the industrial products company’s stock valued at $132,000 after acquiring an additional 847 shares during the period. Geode Capital Management LLC boosted its position in shares of EVI Industries by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 113,880 shares of the industrial products company’s stock valued at $1,862,000 after acquiring an additional 892 shares during the period. Bank of America Corp DE grew its stake in shares of EVI Industries by 39.6% in the fourth quarter. Bank of America Corp DE now owns 4,988 shares of the industrial products company’s stock valued at $82,000 after acquiring an additional 1,416 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in EVI Industries by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 96,028 shares of the industrial products company’s stock worth $1,570,000 after acquiring an additional 1,480 shares during the period. 37.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of EVI Industries from a “buy” rating to a “hold” rating in a research note on Monday, January 13th.

EVI Industries Trading Down 4.9%

Shares of EVI stock opened at $15.59 on Monday. The company has a market capitalization of $198.93 million, a PE ratio of 32.48 and a beta of 0.40. EVI Industries, Inc. has a 1 year low of $14.51 and a 1 year high of $22.24. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average of $17.23.

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.