Captrust Financial Advisors Raises Stake in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Captrust Financial Advisors boosted its holdings in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI) by 1.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 138,985 shares of the industrial products company’s stock after purchasing an additional 1,472 shares during the period. Captrust Financial Advisors owned approximately 1.09% of EVI Industries worth $2,687,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in shares of EVI Industries by 7.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 21,499 shares of the industrial products company’s stock worth $407,000 after acquiring an additional 1,422 shares during the period. Natixis Advisors LLC lifted its stake in shares of EVI Industries by 4.6% in the third quarter. Natixis Advisors LLC now owns 33,726 shares of the industrial products company’s stock valued at $652,000 after purchasing an additional 1,485 shares during the period. Gladius Capital Management LP acquired a new stake in shares of EVI Industries in the second quarter valued at about $29,000. Renaissance Technologies LLC lifted its stake in shares of EVI Industries by 18.7% in the second quarter. Renaissance Technologies LLC now owns 13,765 shares of the industrial products company’s stock valued at $260,000 after purchasing an additional 2,168 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of EVI Industries by 122.3% in the third quarter. BNP Paribas Financial Markets now owns 4,338 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 2,387 shares during the period. 37.30% of the stock is owned by hedge funds and other institutional investors.

EVI Industries Stock Down 2.5 %

Shares of EVI stock opened at $18.46 on Friday. The company has a market cap of $262.69 million, a price-to-earnings ratio of 36.92 and a beta of 0.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.44. EVI Industries, Inc. has a fifty-two week low of $14.51 and a fifty-two week high of $27.00.

EVI Industries (NYSEAMERICAN:EVI) last posted its quarterly earnings results on Thursday, September 12th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $90.15 million for the quarter. EVI Industries had a net margin of 2.11% and a return on equity of 5.65%.

EVI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 7th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.24 annualized dividend and a yield of 6.72%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of EVI Industries from a “hold” rating to a “buy” rating in a report on Tuesday, November 19th.

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.