Piedmont Investment Advisors LLC lowered its stake in shares of Harsco Co. (NYSE:HSC) by 23.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,018 shares of the industrial products company’s stock after selling 18,236 shares during the period. Piedmont Investment Advisors LLC owned 0.07% of Harsco worth $1,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of HSC. BlackRock Inc. lifted its position in Harsco by 3.8% during the second quarter. BlackRock Inc. now owns 10,049,658 shares of the industrial products company’s stock worth $161,800,000 after buying an additional 364,354 shares during the period. Vanguard Group Inc. lifted its position in Harsco by 9.1% during the second quarter. Vanguard Group Inc. now owns 7,831,203 shares of the industrial products company’s stock worth $126,082,000 after buying an additional 650,173 shares during the period. Dimensional Fund Advisors LP lifted its position in Harsco by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,182,338 shares of the industrial products company’s stock worth $35,136,000 after buying an additional 14,862 shares during the period. Rothschild Asset Management Inc. lifted its position in Harsco by 6.6% during the third quarter. Rothschild Asset Management Inc. now owns 2,131,684 shares of the industrial products company’s stock worth $44,552,000 after buying an additional 132,034 shares during the period. Finally, State Street Corp lifted its position in Harsco by 4.1% during the second quarter. State Street Corp now owns 1,999,994 shares of the industrial products company’s stock worth $32,197,000 after buying an additional 78,104 shares during the period. 81.44% of the stock is currently owned by institutional investors and hedge funds.

HSC has been the topic of several recent analyst reports. Zacks Investment Research upgraded Harsco from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Friday, November 10th. BidaskClub downgraded Harsco from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Argus upgraded Harsco from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Friday, September 15th. Finally, ValuEngine downgraded Harsco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $20.00.

Harsco Co. (NYSE HSC) opened at $18.30 on Friday. The company has a market capitalization of $1,375.60, a PE ratio of 24.78 and a beta of 3.09. 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 twelve month low of $11.40 and a twelve month high of $22.00.

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

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Harsco 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.

Institutional Ownership by Quarter for Harsco (NYSE:HSC)

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