Gladius Capital Management LP Makes New Investment in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Gladius Capital Management LP bought a new position in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,556 shares of the industrial products company’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. American International Group Inc. increased its stake in shares of EVI Industries by 35.6% in the first quarter. American International Group Inc. now owns 3,195 shares of the industrial products company’s stock worth $80,000 after buying an additional 838 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of EVI Industries by 42.8% in the 1st quarter. BNP Paribas Financial Markets now owns 4,850 shares of the industrial products company’s stock worth $121,000 after acquiring an additional 1,454 shares during the period. Comerica Bank lifted its position in EVI Industries by 10.8% in the 4th quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock valued at $1,128,000 after purchasing an additional 4,650 shares during the last quarter. Carmel Capital Partners LLC boosted its stake in EVI Industries by 489.9% during the 4th quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 9,185 shares during the period. Finally, Vanguard Group Inc. grew its position in EVI Industries by 9.0% in the 1st quarter. Vanguard Group Inc. now owns 290,501 shares of the industrial products company’s stock worth $7,233,000 after purchasing an additional 23,880 shares during the last quarter. 37.30% of the stock is currently owned by hedge funds and other institutional investors.

EVI Industries Stock Down 5.0 %

EVI opened at $16.48 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.80 and a debt-to-equity ratio of 0.16. The company has a market cap of $208.97 million, a PE ratio of 44.54 and a beta of 0.38. EVI Industries, Inc. has a twelve month low of $14.51 and a twelve month high of $28.65.

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.