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

Heartland Advisors Inc. trimmed its position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 400,000 shares of the industrial products company's stock after selling 100,000 shares during the quarter. Heartland Advisors Inc. owned approximately 2.52% of Perma-Fix Environmental Services worth $4,428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PESI. New York State Common Retirement Fund grew its holdings in Perma-Fix Environmental Services by 4,300.0% during the 4th quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock worth $49,000 after acquiring an additional 4,300 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Perma-Fix Environmental Services by 17.7% during 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 shares of Perma-Fix Environmental Services by 54.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company's stock valued at $86,000 after buying an additional 2,463 shares during the period. MetLife Investment Management LLC increased its position in shares of 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 valued at $93,000 after buying an additional 4,250 shares in the last quarter. Finally, LVW Advisors LLC bought a new position in Perma-Fix Environmental Services during the fourth quarter worth about $111,000. 25.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Perma-Fix Environmental Services to a "sell" rating in a report on Tuesday, March 18th.

Perma-Fix Environmental Services Stock Up 2.1 %

Shares of Perma-Fix Environmental Services stock traded up $0.15 on Wednesday, hitting $7.29. The company had a trading volume of 243,360 shares, compared to its average volume of 133,369. The stock has a 50-day moving average of $8.52 and a 200-day moving average of $11.14. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. Perma-Fix Environmental Services, Inc. has a twelve month low of $6.91 and a twelve month high of $16.25. The firm has a market capitalization of $134.34 million, a P/E ratio of -6.69 and a beta of 0.28.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last announced 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). Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%. The company 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.