Heartland Advisors Inc. Sells 100,000 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Heartland Advisors Inc. reduced its stake in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,000 shares of the industrial products company's stock after selling 100,000 shares during the period. Heartland Advisors Inc. owned 2.52% of Perma-Fix Environmental Services worth $4,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Common Retirement Fund lifted its stake in shares of Perma-Fix Environmental Services by 4,300.0% in the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock valued at $49,000 after buying an additional 4,300 shares during the period. JPMorgan Chase & Co. boosted its stake in Perma-Fix Environmental Services by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company's stock worth $77,000 after purchasing an additional 947 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Perma-Fix Environmental Services by 54.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company's stock worth $86,000 after acquiring an additional 2,463 shares during the last quarter. MetLife Investment Management LLC raised its position in Perma-Fix Environmental Services by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company's stock worth $93,000 after purchasing an additional 4,250 shares during the last quarter. Finally, LVW Advisors LLC acquired a new position in shares of Perma-Fix Environmental Services during the fourth quarter valued at $111,000. Institutional investors and hedge funds own 25.52% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com raised shares of Perma-Fix Environmental Services to a "sell" rating in a research note on Tuesday, March 18th.

Perma-Fix Environmental Services Trading Down 5.7 %

NASDAQ PESI traded down $0.44 on Monday, reaching $7.27. The company had a trading volume of 146,566 shares, compared to its average volume of 132,316. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. Perma-Fix Environmental Services, Inc. has a 52 week low of $6.91 and a 52 week high of $16.25. The stock has a market cap of $133.97 million, a price-to-earnings ratio of -6.67 and a beta of 0.40. The stock's 50 day moving average is $8.68 and its 200-day moving average is $11.20.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last announced its quarterly 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). Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%. The firm had revenue of $14.70 million during the quarter, compared to analyst estimates of $15.80 million.

Perma-Fix Environmental Services 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.