GSA Capital Partners LLP increased its stake in shares of Harsco Co. (NYSE:HSC) by 245.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 76,914 shares of the industrial products company’s stock after acquiring an additional 54,629 shares during the period. GSA Capital Partners LLP owned approximately 0.10% of Harsco worth $1,608,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. 1060 Capital LLC acquired a new position in Harsco during the 2nd quarter worth approximately $14,658,000. First Quadrant L P CA acquired a new position in Harsco during the 3rd quarter worth approximately $263,000. Cornerstone Capital Management Holdings LLC. acquired a new position in Harsco during the 2nd quarter worth approximately $283,000. Parametrica Management Ltd acquired a new position in Harsco during the 3rd quarter worth approximately $708,000. Finally, WINTON GROUP Ltd acquired a new position in Harsco during the 2nd quarter worth approximately $895,000. 81.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Harsco Co. (HSC) opened at $18.65 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 2.87. Harsco Co. has a twelve month low of $11.40 and a twelve month high of $22.00. The stock has a market capitalization of $1,472.13, a P/E ratio of 26.52 and a beta of 3.09.

Harsco (NYSE:HSC) last posted its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping the 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 company had revenue of $384.65 million for the quarter, compared to the consensus estimate of $398.85 million. During the same period in the previous year, the business earned $0.14 EPS. Harsco’s revenue for the quarter was up 4.6% compared to the same quarter last year. equities analysts anticipate that Harsco Co. will post 0.68 earnings per share for the current fiscal year.

Several research firms recently commented on HSC. Zacks Investment Research lowered Harsco from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Argus raised Harsco from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Friday, September 15th. ValuEngine lowered Harsco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, BidaskClub lowered Harsco from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Harsco presently has a consensus rating of “Buy” and a consensus target price of $20.00.

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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.

Institutional Ownership by Quarter for Harsco (NYSE:HSC)

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