EVI Industries, Inc. (NYSEAMERICAN:EVI) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI) by 1.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 96,028 shares of the industrial products company’s stock after purchasing an additional 1,480 shares during the period. Dimensional Fund Advisors LP owned approximately 0.67% of EVI Industries worth $1,570,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in EVI Industries in the 4th quarter valued at about $2,863,000. King Luther Capital Management Corp boosted its stake in shares of EVI Industries by 416.6% during the 4th 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 last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of 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 valued at $12,894,000 after buying an additional 13,350 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of EVI Industries by 101.4% during the 4th quarter. JPMorgan Chase & Co. now owns 20,829 shares of the industrial products company’s stock valued at $341,000 after acquiring an additional 10,488 shares in the last quarter. Finally, Barclays PLC increased its position in EVI Industries by 206.6% in the third quarter. Barclays PLC now owns 7,244 shares of the industrial products company’s stock worth $139,000 after buying an additional 4,881 shares during the period. 37.30% of the stock is currently owned by hedge funds and other institutional investors.

EVI Industries Stock Up 4.2%

Shares of EVI opened at $18.05 on Friday. The business’s fifty day simple moving average is $17.23. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.20. EVI Industries, Inc. has a 12 month low of $14.51 and a 12 month high of $22.04. The firm has a market cap of $230.32 million, a price-to-earnings ratio of 37.60 and a beta of 0.40.

Analysts Set New Price Targets

Separately, StockNews.com raised EVI Industries from a “hold” rating to a “buy” rating in a research note on Wednesday.

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.