EVI Industries, Inc. $EVI Shares Purchased by Royce & Associates LP

Royce & Associates LP boosted its position in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 844,417 shares of the industrial products company’s stock after buying an additional 36,272 shares during the period. Royce & Associates LP owned approximately 5.86% of EVI Industries worth $20,806,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in EVI Industries by 45.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,577 shares of the industrial products company’s stock worth $50,000 after buying an additional 491 shares during the period. Tower Research Capital LLC TRC increased its holdings in EVI Industries by 237.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,001 shares of the industrial products company’s stock worth $44,000 after buying an additional 1,408 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in EVI Industries by 27.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,814 shares of the industrial products company’s stock worth $64,000 after buying an additional 829 shares during the period. Bank of America Corp DE increased its holdings in EVI Industries by 39.6% in the 4th quarter. Bank of America Corp DE now owns 4,988 shares of the industrial products company’s stock worth $82,000 after buying an additional 1,416 shares during the period. Finally, Rhumbline Advisers increased its holdings in EVI Industries by 21.4% in the 1st quarter. Rhumbline Advisers now owns 5,336 shares of the industrial products company’s stock worth $90,000 after buying an additional 940 shares during the period. Institutional investors and hedge funds own 37.30% of the company’s stock.

Analyst Ratings Changes

Separately, DA Davidson cut their price target on shares of EVI Industries from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, EVI Industries has a consensus rating of “Buy” and a consensus price target of $32.00.

EVI Industries Stock Up 0.1%

EVI Industries stock opened at $17.23 on Wednesday. The stock has a market capitalization of $221.75 million, a PE ratio of 38.29 and a beta of 0.05. EVI Industries, Inc. has a 12 month low of $15.61 and a 12 month high of $34.82. The business has a 50 day simple moving average of $19.92 and a 200-day simple moving average of $21.79. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.60 and a quick ratio of 0.76.

EVI Industries (NYSEAMERICAN:EVI) last posted its quarterly earnings data on Monday, May 11th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.11). The business had revenue of $101.13 million during the quarter, compared to analysts’ expectations of $111.30 million. EVI Industries had a net margin of 1.63% and a return on equity of 4.92%.

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. It offers washroom equipment, such as washers and dryers, tunnel systems, and vended machines; finishing equipment comprising sheet feeders, flatwork ironers, automatic sheet folders, and stackers; and material handling equipment, including conveyor and rail systems.