Royce & Associates LP Has $10.72 Million Position in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Royce & Associates LP cut its position in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 655,741 shares of the industrial products company’s stock after selling 118,731 shares during the period. Royce & Associates LP owned about 4.61% of EVI Industries worth $10,721,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC increased its stake in EVI Industries by 1,868.5% during the 3rd quarter. FMR LLC now owns 4,252 shares of the industrial products company’s stock worth $82,000 after purchasing an additional 4,036 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of EVI Industries by 122.3% during the third quarter. BNP Paribas Financial Markets now owns 4,338 shares of the industrial products company’s stock worth $84,000 after acquiring an additional 2,387 shares during the period. Barclays PLC lifted its position in EVI Industries by 206.6% in the 3rd quarter. Barclays PLC now owns 7,244 shares of the industrial products company’s stock valued at $139,000 after acquiring an additional 4,881 shares in the last quarter. Bard Associates Inc. boosted its position in EVI Industries by 6.7% during the 4th quarter. Bard Associates Inc. now owns 12,113 shares of the industrial products company’s stock worth $198,000 after acquiring an additional 764 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in EVI Industries by 112.5% in the third quarter. JPMorgan Chase & Co. now owns 10,341 shares of the industrial products company’s stock valued at $200,000 after purchasing an additional 5,474 shares in the last quarter. 37.30% of the stock is owned by institutional investors.

EVI Industries Price Performance

NYSEAMERICAN EVI opened at $18.24 on Tuesday. The firm has a market cap of $232.74 million, a P/E ratio of 38.00 and a beta of 0.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 1.58. EVI Industries, Inc. has a twelve month low of $14.51 and a twelve month high of $25.50.

Analysts Set New Price Targets

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

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.