16,000 Shares in EVI Industries, Inc. (NYSEAMERICAN:EVI) Acquired by North Star Investment Management Corp.

North Star Investment Management Corp. bought a new stake in shares of EVI Industries, Inc. (NYSEAMERICAN:EVI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,000 shares of the industrial products company's stock, valued at approximately $268,000. North Star Investment Management Corp. owned about 0.13% of EVI Industries as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. King Luther Capital Management Corp lifted its position 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 worth $3,033,000 after buying an additional 149,591 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of EVI Industries during the 4th quarter valued at $2,863,000. Captrust Financial Advisors grew its position in EVI Industries by 4.0% during the fourth quarter. Captrust Financial Advisors now owns 144,514 shares of the industrial products company's stock valued at $2,363,000 after buying an additional 5,529 shares during the period. Geode Capital Management LLC increased its holdings in EVI Industries by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 113,880 shares of the industrial products company's stock worth $1,862,000 after buying an additional 892 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in EVI Industries by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 96,028 shares of the industrial products company's stock worth $1,570,000 after acquiring an additional 1,480 shares during the period. Institutional investors own 37.30% of the company's stock.

EVI Industries Stock Performance

EVI Industries stock traded down $0.19 during mid-day trading on Friday, reaching $18.63. The company's stock had a trading volume of 13,949 shares, compared to its average volume of 16,140. The stock has a fifty day moving average of $17.55. The company has a quick ratio of 0.86, a current ratio of 1.51 and a debt-to-equity ratio of 0.17. EVI Industries, Inc. has a 12-month low of $14.51 and a 12-month high of $21.81. The firm has a market cap of $237.74 million, a P/E ratio of 38.44 and a beta of -0.01.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded EVI Industries from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. DA Davidson began coverage on shares of EVI Industries in a research report on Friday, June 6th. They set a "buy" rating and a $28.00 target price for the company.

About EVI Industries

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.