Diamond Hill Capital Management Inc. Has $3.49 Million Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Diamond Hill Capital Management Inc. lifted its holdings in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 26.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 315,517 shares of the industrial products company's stock after purchasing an additional 65,761 shares during the quarter. Diamond Hill Capital Management Inc. owned 1.99% of Perma-Fix Environmental Services worth $3,493,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PESI. Geode Capital Management LLC increased its stake in Perma-Fix Environmental Services by 14.0% in the third quarter. Geode Capital Management LLC now owns 325,173 shares of the industrial products company's stock valued at $3,991,000 after acquiring an additional 39,977 shares during the last quarter. Prescott Group Capital Management L.L.C. increased its stake in Perma-Fix Environmental Services by 4.2% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 746,942 shares of the industrial products company's stock valued at $8,269,000 after acquiring an additional 30,000 shares during the last quarter. Moody National Bank Trust Division bought a new position in Perma-Fix Environmental Services in the fourth quarter valued at approximately $277,000. Oppenheimer & Co. Inc. bought a new position in Perma-Fix Environmental Services in the third quarter valued at approximately $279,000. Finally, State Street Corp increased its stake in Perma-Fix Environmental Services by 14.3% in the third quarter. State Street Corp now owns 168,644 shares of the industrial products company's stock valued at $2,069,000 after acquiring an additional 21,040 shares during the last quarter. 25.52% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Perma-Fix Environmental Services to a "sell" rating in a research note on Tuesday.

Perma-Fix Environmental Services Price Performance

Perma-Fix Environmental Services stock traded up $0.18 during mid-day trading on Wednesday, reaching $7.40. The company had a trading volume of 282,877 shares, compared to its average volume of 125,587. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $6.96 and a fifty-two week high of $16.25. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06. The company has a market cap of $117.27 million, a P/E ratio of -6.79 and a beta of 0.40. The business has a fifty day simple moving average of $9.18 and a 200 day simple moving average of $11.35.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last issued its earnings results on Thursday, March 13th. The industrial products company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.10). The company had revenue of $14.70 million during the quarter, compared to analyst estimates of $15.80 million. Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%.

Perma-Fix Environmental Services Company Profile

Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company through Treatment and Services segments. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities.