JPMorgan Chase & Co. Has $341,000 Stock Holdings in EVI Industries, Inc. (NYSEAMERICAN:EVI)

JPMorgan Chase & Co. lifted its stake in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 101.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,829 shares of the industrial products company’s stock after acquiring an additional 10,488 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.15% of EVI Industries worth $341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC increased its stake in shares of EVI Industries by 206.6% during the 3rd quarter. Barclays PLC now owns 7,244 shares of the industrial products company’s stock worth $139,000 after purchasing an additional 4,881 shares during the last quarter. Bard Associates Inc. lifted its stake in EVI Industries by 6.7% in the 4th quarter. Bard Associates Inc. now owns 12,113 shares of the industrial products company’s stock valued at $198,000 after purchasing an additional 764 shares during the last quarter. Natixis Advisors LLC grew its holdings in EVI Industries by 5.5% during the fourth quarter. Natixis Advisors LLC now owns 35,590 shares of the industrial products company’s stock worth $582,000 after purchasing an additional 1,864 shares during the period. Raymond James Financial Inc. acquired a new position in EVI Industries during the fourth quarter worth approximately $2,863,000. Finally, King Luther Capital Management Corp raised its stake in EVI Industries by 416.6% in the fourth quarter. King Luther Capital Management Corp now owns 185,500 shares of the industrial products company’s stock valued at $3,033,000 after buying an additional 149,591 shares during the period. Institutional investors own 37.30% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded EVI Industries from a “buy” rating to a “hold” rating in a research note on Monday, January 13th.

EVI Industries Stock Up 4.3 %

EVI opened at $16.82 on Friday. 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 twelve month low of $14.51 and a twelve month high of $23.75. The company has a market capitalization of $214.62 million, a PE ratio of 35.04 and a beta of 0.40. The business’s 50-day moving average price is $17.33.

EVI Industries 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.