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

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

A number of other institutional investors also recently modified their holdings of EVI. Conestoga Capital Advisors LLC lifted its position in EVI Industries by 1.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 788,616 shares of the industrial products company's stock worth $12,894,000 after buying an additional 13,350 shares in the last quarter. King Luther Capital Management Corp raised its holdings in EVI Industries by 416.6% during the fourth quarter. King Luther Capital Management Corp now owns 185,500 shares of the industrial products company's stock worth $3,033,000 after acquiring an additional 149,591 shares in the last quarter. Raymond James Financial Inc. acquired a new position in EVI Industries during the fourth quarter valued at approximately $2,863,000. Captrust Financial Advisors grew its stake in EVI Industries by 1.1% in the third quarter. Captrust Financial Advisors now owns 138,985 shares of the industrial products company's stock valued at $2,687,000 after purchasing an additional 1,472 shares in the last quarter. Finally, State Street Corp increased its position in shares of EVI Industries by 1.9% during the 3rd quarter. State Street Corp now owns 88,520 shares of the industrial products company's stock worth $1,739,000 after purchasing an additional 1,685 shares during the last quarter. 37.30% of the stock is currently owned by institutional investors.

Remove Ads

EVI Industries Price Performance

EVI Industries stock traded down $0.56 during mid-day trading on Friday, reaching $18.00. 143,476 shares of the company were exchanged, compared to its average volume of 15,323. The firm has a market cap of $229.68 million, a PE ratio of 37.50 and a beta of 0.40. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.58 and a quick ratio of 0.87. EVI Industries, Inc. has a 12 month low of $14.51 and a 12 month high of $25.50.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded 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.