Fuller & Thaler Asset Management Inc. Buys 10,361 Shares of Harsco Corporation (HSC)

Fuller & Thaler Asset Management Inc. lifted its stake in Harsco Corporation (NYSE:HSC) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,944,657 shares of the industrial products company’s stock after purchasing an additional 10,361 shares during the period. Fuller & Thaler Asset Management Inc. owned 2.42% of Harsco worth $40,643,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HSC. Wellington Management Group LLP lifted its holdings in Harsco by 13.3% during the first quarter. Wellington Management Group LLP now owns 14,885 shares of the industrial products company’s stock worth $190,000 after acquiring an additional 1,750 shares in the last quarter. Teachers Advisors LLC lifted its holdings in Harsco by 2.8% during the first quarter. Teachers Advisors LLC now owns 242,073 shares of the industrial products company’s stock worth $3,086,000 after acquiring an additional 6,503 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Harsco by 5.7% during the first quarter. Vanguard Group Inc. now owns 7,181,030 shares of the industrial products company’s stock worth $91,558,000 after acquiring an additional 384,883 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Harsco by 2.9% during the first quarter. Geode Capital Management LLC now owns 580,745 shares of the industrial products company’s stock worth $7,404,000 after acquiring an additional 16,631 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Harsco by 10.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,167,476 shares of the industrial products company’s stock worth $27,635,000 after acquiring an additional 200,320 shares in the last quarter. Hedge funds and other institutional investors own 81.44% of the company’s stock.

HSC has been the topic of several recent analyst reports. ValuEngine lowered Harsco from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Zacks Investment Research lowered Harsco from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Argus upgraded Harsco from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, September 15th. BidaskClub lowered Harsco from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. Finally, Jefferies Group reiterated a “buy” rating and set a $19.00 target price (up from $18.00) on shares of Harsco in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. Harsco has a consensus rating of “Buy” and an average price target of $20.00.

Harsco Corporation (HSC) traded up $0.25 on Thursday, hitting $17.85. The company’s stock had a trading volume of 481,534 shares, compared to its average volume of 515,668. Harsco Corporation has a 1 year low of $11.40 and a 1 year high of $22.00. The firm has a market cap of $1,403.76, a P/E ratio of 25.29 and a beta of 3.09. The company has a debt-to-equity ratio of 2.87, a current ratio of 1.30 and a quick ratio of 0.83.

Harsco (NYSE:HSC) last released its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.04. Harsco had a return on equity of 32.46% and a net margin of 1.69%. The firm had revenue of $384.65 million for the quarter, compared to the consensus estimate of $398.85 million. During the same quarter last year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts expect that Harsco Corporation will post 0.68 EPS for the current year.

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Harsco 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.

Institutional Ownership by Quarter for Harsco (NYSE:HSC)

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