10,400 Shares in Harsco Corporation (HSC) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in shares of Harsco Corporation (NYSE:HSC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,400 shares of the industrial products company’s stock, valued at approximately $167,000.

Several other large investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its stake in Harsco Corporation by 36,936.1% in the first quarter. BlackRock Inc. now owns 9,685,304 shares of the industrial products company’s stock valued at $123,489,000 after buying an additional 9,659,153 shares in the last quarter. Vanguard Group Inc. raised its stake in Harsco Corporation by 5.7% in the first quarter. Vanguard Group Inc. now owns 7,181,030 shares of the industrial products company’s stock valued at $91,558,000 after buying an additional 384,883 shares in the last quarter. Victory Capital Management Inc. raised its stake in Harsco Corporation by 1.9% in the first quarter. Victory Capital Management Inc. now owns 2,703,798 shares of the industrial products company’s stock valued at $34,474,000 after buying an additional 51,242 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Harsco Corporation by 10.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,167,476 shares of the industrial products company’s stock valued at $27,635,000 after buying an additional 200,320 shares in the last quarter. Finally, State Street Corp raised its stake in Harsco Corporation by 3.1% in the first quarter. State Street Corp now owns 1,921,890 shares of the industrial products company’s stock valued at $24,511,000 after buying an additional 58,490 shares in the last quarter. 82.94% of the stock is currently owned by institutional investors and hedge funds.

Shares of Harsco Corporation (NYSE:HSC) opened at 16.35 on Wednesday. Harsco Corporation has a 12 month low of $8.52 and a 12 month high of $17.08. The firm’s market capitalization is $1.31 billion. The firm has a 50-day moving average price of $16.09 and a 200 day moving average price of $14.13.

Harsco Corporation (NYSE:HSC) last announced its quarterly earnings data on Wednesday, May 3rd. The industrial products company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.09. Harsco Corporation had a positive return on equity of 20.08% and a negative net margin of 4.48%. The company had revenue of $372.54 million for the quarter, compared to analyst estimates of $343.40 million. During the same quarter last year, the firm earned $0.03 EPS. Harsco Corporation’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, analysts anticipate that Harsco Corporation will post $0.54 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “10,400 Shares in Harsco Corporation (HSC) Acquired by Fox Run Management L.L.C.” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international trademark and copyright legislation. The legal version of this article can be read at https://sportsperspectives.com/2017/07/26/10400-shares-in-harsco-corporation-hsc-acquired-by-fox-run-management-l-l-c.html.

Several equities research analysts recently issued reports on HSC shares. Zacks Investment Research raised Harsco Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, April 27th. BidaskClub raised Harsco Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Finally, KeyCorp reissued an “overweight” rating and set a $19.00 price target (up from $17.50) on shares of Harsco Corporation in a research report on Monday, June 26th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Harsco Corporation currently has an average rating of “Buy” and a consensus target price of $17.00.

In related news, SVP Scott H. Gerson sold 6,706 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $15.10, for a total transaction of $101,260.60. Following the completion of the transaction, the senior vice president now owns 32,125 shares in the company, valued at approximately $485,087.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.76% of the stock is owned by company insiders.

Harsco Corporation 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 Corporation (NYSE:HSC).

Institutional Ownership by Quarter for Harsco Corporation (NYSE:HSC)

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

Latest News

Leave a Reply