Bank of New York Mellon Corp Has $356,000 Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Bank of New York Mellon Corp raised its holdings in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,126 shares of the industrial products company’s stock after acquiring an additional 3,899 shares during the quarter. Bank of New York Mellon Corp’s holdings in Perma-Fix Environmental Services were worth $356,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. New York State Common Retirement Fund grew its holdings in Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 4,300 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Perma-Fix Environmental Services by 17.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 947 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Perma-Fix Environmental Services by 54.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 2,463 shares in the last quarter. MetLife Investment Management LLC raised its stake in shares of Perma-Fix Environmental Services by 129.1% in the third quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company’s stock worth $93,000 after acquiring an additional 4,250 shares during the last quarter. Finally, LVW Advisors LLC acquired a new stake in shares of Perma-Fix Environmental Services during the 4th quarter worth approximately $111,000. 25.52% of the stock is owned by institutional investors and hedge funds.

Perma-Fix Environmental Services Stock Down 5.4 %

Perma-Fix Environmental Services stock opened at $7.71 on Friday. The company’s 50-day moving average is $8.68 and its 200-day moving average is $11.19. The firm has a market capitalization of $142.08 million, a PE ratio of -7.07 and a beta of 0.40. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $6.91 and a fifty-two week high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.10). The business had revenue of $14.70 million for the quarter, compared to the consensus estimate of $15.80 million. Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%.

Wall Street Analysts Forecast Growth

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 Company 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.