ARS Investment Partners LLC Reduces Stock Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

ARS Investment Partners LLC trimmed its holdings in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 39.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,239 shares of the industrial products company’s stock after selling 54,813 shares during the quarter. ARS Investment Partners LLC’s holdings in Perma-Fix Environmental Services were worth $921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Diamond Hill Capital Management Inc. purchased a new stake in Perma-Fix Environmental Services during the 3rd quarter valued at about $3,065,000. Charles Schwab Investment Management Inc. grew its stake in Perma-Fix Environmental Services by 15.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 40,235 shares of the industrial products company’s stock valued at $494,000 after purchasing an additional 5,235 shares during the last quarter. Jane Street Group LLC purchased a new stake in Perma-Fix Environmental Services during the 3rd quarter valued at about $149,000. Geode Capital Management LLC grew its stake in Perma-Fix Environmental Services by 14.0% during the 3rd quarter. Geode Capital Management LLC now owns 325,173 shares of the industrial products company’s stock valued at $3,991,000 after purchasing an additional 39,977 shares during the last quarter. Finally, State Street Corp grew its stake in Perma-Fix Environmental Services by 14.3% during the 3rd quarter. State Street Corp now owns 168,644 shares of the industrial products company’s stock valued at $2,069,000 after purchasing an additional 21,040 shares during the last quarter. 25.52% of the stock is currently owned by hedge funds and other institutional investors.

Perma-Fix Environmental Services Stock Performance

NASDAQ PESI opened at $10.95 on Tuesday. Perma-Fix Environmental Services, Inc. has a twelve month low of $7.63 and a twelve month 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 50-day moving average of $12.00 and a 200 day moving average of $11.87.

Analyst Ratings Changes

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

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.