700,000 Shares in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Purchased by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. bought a new stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 700,000 shares of the industrial products company's stock, valued at approximately $7,749,000. Alyeska Investment Group L.P. owned about 4.42% of Perma-Fix Environmental Services as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. MYDA Advisors LLC purchased a new position in shares of Perma-Fix Environmental Services during the 4th quarter valued at about $2,491,000. Diamond Hill Capital Management Inc. raised its stake in shares of Perma-Fix Environmental Services by 26.3% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 315,517 shares of the industrial products company's stock worth $3,493,000 after acquiring an additional 65,761 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Perma-Fix Environmental Services in the 4th quarter worth approximately $480,000. Geode Capital Management LLC boosted its stake in shares of Perma-Fix Environmental Services by 14.0% in the 3rd quarter. Geode Capital Management LLC now owns 325,173 shares of the industrial products company's stock valued at $3,991,000 after purchasing an additional 39,977 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. grew its holdings in shares of Perma-Fix Environmental Services by 4.2% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 746,942 shares of the industrial products company's stock valued at $8,269,000 after purchasing an additional 30,000 shares during the last quarter. Hedge funds and other institutional investors own 25.52% of the company's stock.

Perma-Fix Environmental Services Trading Down 1.2 %

PESI stock traded down $0.11 during midday trading on Friday, hitting $9.39. The company had a trading volume of 280,123 shares, compared to its average volume of 144,131. The stock has a market cap of $173.04 million, a price-to-earnings ratio of -8.61 and a beta of 0.18. Perma-Fix Environmental Services, Inc. has a 52 week low of $6.25 and a 52 week high of $16.25. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06. The stock's 50 day moving average price is $7.71 and its 200 day moving average price is $10.17.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The industrial products company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.05). The firm had revenue of $13.92 million for the quarter, compared to the consensus estimate of $15.30 million. Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%. During the same quarter in the prior year, the company earned ($0.25) earnings per share.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Perma-Fix Environmental Services to a "sell" rating in a research report on Tuesday, March 18th.

Perma-Fix Environmental Services Profile

Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company through Treatment and Services segments. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities.