Engineers Gate Manager LP cut its holdings in Harsco Co. (NYSE:HSC) by 42.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,062 shares of the industrial products company’s stock after selling 20,413 shares during the period. Engineers Gate Manager LP’s holdings in Harsco were worth $523,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HSC. Flinton Capital Management LLC boosted its position in shares of Harsco by 71.9% in the 2nd quarter. Flinton Capital Management LLC now owns 6,496 shares of the industrial products company’s stock worth $105,000 after buying an additional 2,716 shares in the last quarter. Amalgamated Bank boosted its position in shares of Harsco by 5.8% in the 2nd quarter. Amalgamated Bank now owns 11,536 shares of the industrial products company’s stock worth $186,000 after buying an additional 634 shares in the last quarter. FDx Advisors Inc. purchased a new stake in shares of Harsco in the 3rd quarter worth about $222,000. Emerald Advisers Inc. PA purchased a new stake in shares of Harsco in the 3rd quarter worth about $229,000. Finally, First Quadrant L P CA purchased a new stake in shares of Harsco in the 3rd quarter worth about $263,000. Institutional investors and hedge funds own 82.64% of the company’s stock.

HSC has been the topic of several recent research reports. ValuEngine lowered shares of Harsco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Zacks Investment Research upgraded shares of Harsco from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research report on Tuesday, January 23rd. Finally, Argus upped their target price on shares of Harsco to $24.00 and gave the company a “buy” rating in a report on Thursday, January 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $21.00.

Harsco Co. (HSC) opened at $16.30 on Wednesday. The stock has a market cap of $1,319.29, a PE ratio of 23.77 and a beta of 2.95. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 2.87. Harsco Co. has a 1-year low of $11.40 and a 1-year high of $22.00.

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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.

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Institutional Ownership by Quarter for Harsco (NYSE:HSC)

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