Raymond James & Associates Has $4.50 Million Holdings in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Raymond James & Associates boosted its holdings in EVI Industries, Inc. (NYSEAMERICAN:EVI – Get Rating) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,643 shares of the industrial products company’s stock after buying an additional 889 shares during the quarter. Raymond James & Associates owned approximately 1.37% of EVI Industries worth $4,503,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Captrust Financial Advisors acquired a new stake in shares of EVI Industries during the third quarter valued at about $2,841,000. Mendota Financial Group LLC acquired a new position in shares of EVI Industries in the fourth quarter worth approximately $1,693,000. Millennium Management LLC acquired a new position in shares of EVI Industries in the second quarter worth approximately $453,000. Renaissance Technologies LLC acquired a new position in shares of EVI Industries in the second quarter worth approximately $252,000. Finally, Comerica Bank lifted its stake in shares of EVI Industries by 93.4% in the fourth quarter. Comerica Bank now owns 46,375 shares of the industrial products company’s stock worth $908,000 after acquiring an additional 22,400 shares during the period. 38.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on EVI Industries in a report on Thursday, May 18th. They issued a “hold” rating for the company.

EVI Industries Stock Performance

Shares of EVI stock opened at $19.10 on Wednesday. The company has a market capitalization of $240.09 million, a P/E ratio of 29.38 and a beta of 0.32. The business has a 50 day simple moving average of $19.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 1.63. EVI Industries, Inc. has a fifty-two week low of $7.25 and a fifty-two week high of $26.92.

EVI Industries Profile

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EVI Industries, Inc operates as a value-added distributor, and provides advisory and technical services. It provides services through the distribution of commercial laundry and dry-cleaning equipment, industrial boilers, and related parts, supplies, and technical services. The company was founded on June 13, 1963 and is headquartered in Miami, FL.