Conestoga Capital Advisors LLC Has $13.62 Million Stock Holdings in EVI Industries, Inc. (NYSEAMERICAN:EVI)

Conestoga Capital Advisors LLC boosted its holdings in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI - Free Report) by 2.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 811,660 shares of the industrial products company's stock after buying an additional 23,044 shares during the period. Conestoga Capital Advisors LLC owned about 6.36% of EVI Industries worth $13,620,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its position in EVI Industries by 30,361.5% in the first quarter. GAMMA Investing LLC now owns 3,960 shares of the industrial products company's stock valued at $66,000 after acquiring an additional 3,947 shares during the period. Bank of America Corp DE raised its position in EVI Industries by 39.6% in the 4th quarter. Bank of America Corp DE now owns 4,988 shares of the industrial products company's stock worth $82,000 after purchasing an additional 1,416 shares during the last quarter. Rhumbline Advisers lifted its holdings in EVI Industries by 21.4% during the 1st quarter. Rhumbline Advisers now owns 5,336 shares of the industrial products company's stock worth $90,000 after buying an additional 940 shares in the last quarter. Deutsche Bank AG boosted its position in EVI Industries by 70.4% in the 4th quarter. Deutsche Bank AG now owns 5,909 shares of the industrial products company's stock valued at $97,000 after buying an additional 2,441 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of EVI Industries by 11.7% in the 4th quarter. Barclays PLC now owns 8,091 shares of the industrial products company's stock valued at $132,000 after buying an additional 847 shares during the period. Institutional investors and hedge funds own 37.30% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. DA Davidson assumed coverage on EVI Industries in a research note on Friday, June 6th. They set a "buy" rating and a $28.00 price target on the stock. Wall Street Zen raised EVI Industries from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th.

EVI Industries Stock Down 1.3%

EVI stock traded down $0.24 during midday trading on Friday, reaching $18.58. The company's stock had a trading volume of 21,804 shares, compared to its average volume of 15,452. The stock's 50-day moving average price is $17.55. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.86 and a current ratio of 1.51. EVI Industries, Inc. has a 52 week low of $14.51 and a 52 week high of $21.81. The stock has a market capitalization of $237.08 million, a PE ratio of 37.92 and a beta of -0.01.

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.