Heartland Advisors Inc. Reduces Position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Heartland Advisors Inc. lowered its position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 400,000 shares of the industrial products company’s stock after selling 100,000 shares during the quarter. Heartland Advisors Inc.’s holdings in Perma-Fix Environmental Services were worth $4,428,000 as of its most recent filing with the Securities and Exchange Commission.

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

Perma-Fix Environmental Services Stock Down 5.4 %

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

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

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Perma-Fix Environmental Services to a “sell” rating in a report on Tuesday, March 18th.

About Perma-Fix Environmental Services

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.