Wells Fargo & Company MN decreased its holdings in shares of Neff Corp (NYSE:NEFF) by 75.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,007 shares of the industrial products company’s stock after selling 30,583 shares during the quarter. Wells Fargo & Company MN’s holdings in Neff were worth $251,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the business. FNY Partners Fund LP acquired a new stake in shares of Neff during the 3rd quarter worth about $102,000. Rhumbline Advisers bought a new position in Neff during the third quarter worth about $203,000. Swiss National Bank bought a new position in Neff during the second quarter worth about $268,000. USA Financial Portformulas Corp bought a new position in Neff during the third quarter worth about $346,000. Finally, Gamco Investors INC. ET AL increased its position in Neff by 46.7% during the third quarter. Gamco Investors INC. ET AL now owns 15,854 shares of the industrial products company’s stock worth $396,000 after acquiring an additional 5,050 shares during the period. Hedge funds and other institutional investors own 33.94% of the company’s stock.
Neff Corp (NYSE:NEFF) opened at $25.00 on Wednesday. Neff Corp has a 1-year low of $8.50 and a 1-year high of $26.45. The company has a quick ratio of 1.27, a current ratio of 1.31 and a debt-to-equity ratio of -6.07. The company has a market cap of $596.11 and a PE ratio of 18.12.
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Neff Corporation is an equipment rental company. The Company offers an array of equipment rental solutions for its customer base, including infrastructure, non-residential construction, oil and gas, and residential construction customers. Its fleet of equipment includes earthmoving, material handling, aerial and other rental equipment.
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