Diamond Hill Capital Management Inc. Buys 65,761 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Diamond Hill Capital Management Inc. increased its stake in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 26.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 315,517 shares of the industrial products company’s stock after purchasing an additional 65,761 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Perma-Fix Environmental Services were worth $3,493,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PESI. New York State Common Retirement Fund increased its position in shares of 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 valued at $49,000 after purchasing an additional 4,300 shares during the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $77,000 after purchasing an additional 947 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Perma-Fix Environmental Services by 54.4% during 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 during the last quarter. MetLife Investment Management LLC increased its position in shares of Perma-Fix Environmental Services by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company’s stock valued at $93,000 after purchasing an additional 4,250 shares during the last quarter. Finally, LVW Advisors LLC purchased a new position in Perma-Fix Environmental Services during the 4th quarter valued at $111,000. Institutional investors own 25.52% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Perma-Fix Environmental Services to a “sell” rating in a report on Wednesday, December 11th.

Perma-Fix Environmental Services Price Performance

PESI opened at $7.29 on Friday. The business has a fifty day moving average of $9.31 and a 200 day moving average of $11.40. Perma-Fix Environmental Services, Inc. has a 52-week low of $6.96 and a 52-week high of $16.25. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The stock has a market cap of $115.52 million, a P/E ratio of -6.69 and a beta of 0.40.

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

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.