Zurcher Kantonalbank Zurich Cantonalbank Acquires 4,340 Shares of Harsco Co. (HSC)

Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Harsco Co. (NYSE:HSC) by 29.8% during the fourth quarter, HoldingsChannel reports. The firm owned 18,920 shares of the industrial products company’s stock after purchasing an additional 4,340 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Harsco were worth $353,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FDx Advisors Inc. bought a new position in shares of Harsco during the 3rd quarter valued at $222,000. Emerald Advisers Inc. PA bought a new position in shares of Harsco during the 3rd quarter valued at $229,000. First Quadrant L P CA bought a new position in shares of Harsco during the 3rd quarter valued at $263,000. Crossmark Global Holdings Inc. bought a new position in shares of Harsco during the 3rd quarter valued at $296,000. Finally, Trexquant Investment LP raised its holdings in shares of Harsco by 43.9% during the 3rd quarter. Trexquant Investment LP now owns 15,107 shares of the industrial products company’s stock valued at $316,000 after purchasing an additional 4,607 shares in the last quarter. Institutional investors and hedge funds own 82.64% of the company’s stock.

Harsco Co. (NYSE HSC) opened at $16.55 on Friday. Harsco Co. has a 12 month low of $11.40 and a 12 month high of $22.00. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 2.87. The stock has a market cap of $1,331.35, a price-to-earnings ratio of 53.39 and a beta of 2.96.

HSC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Harsco from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Friday, November 10th. Argus raised their target price on shares of Harsco to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, ValuEngine lowered shares of Harsco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $21.00.

TRADEMARK VIOLATION WARNING: “Zurcher Kantonalbank Zurich Cantonalbank Acquires 4,340 Shares of Harsco Co. (HSC)” was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://stocknewstimes.com/2018/02/18/zurcher-kantonalbank-zurich-cantonalbank-acquires-4340-shares-of-harsco-co-hsc.html.

Harsco Company Profile

Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.

Want to see what other hedge funds are holding HSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harsco Co. (NYSE:HSC).

Institutional Ownership by Quarter for Harsco (NYSE:HSC)

Receive News & Ratings for Harsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harsco and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply