Harsco Co. (HSC) Shares Bought by Intrust Bank NA

Intrust Bank NA lifted its holdings in shares of Harsco Co. (NYSE:HSC) by 43.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,541 shares of the industrial products company’s stock after acquiring an additional 4,718 shares during the quarter. Intrust Bank NA’s holdings in Harsco were worth $308,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Harsco by 4.0% during the third quarter. BlackRock Inc. now owns 11,572,319 shares of the industrial products company’s stock worth $330,390,000 after buying an additional 444,922 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Harsco by 2.9% during the third quarter. Vanguard Group Inc. now owns 10,841,968 shares of the industrial products company’s stock worth $309,539,000 after buying an additional 303,108 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of Harsco by 2.9% during the third quarter. Vanguard Group Inc now owns 10,841,968 shares of the industrial products company’s stock worth $309,539,000 after buying an additional 303,108 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Harsco by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,270,312 shares of the industrial products company’s stock worth $64,816,000 after buying an additional 11,217 shares in the last quarter. Finally, SG Capital Management LLC grew its holdings in shares of Harsco by 19.8% during the fourth quarter. SG Capital Management LLC now owns 1,541,239 shares of the industrial products company’s stock worth $30,609,000 after buying an additional 255,037 shares in the last quarter. 84.25% of the stock is currently owned by institutional investors.

HSC stock opened at $21.71 on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 2.05. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 29.34 and a beta of 2.45. Harsco Co. has a twelve month low of $16.20 and a twelve month high of $30.05.

A number of research analysts recently issued reports on HSC shares. ValuEngine downgraded Harsco from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th. Lake Street Capital increased their price objective on Harsco from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, October 31st. Finally, Zacks Investment Research downgraded Harsco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $30.50.

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Harsco Company Profile

Harsco Corporation provides industrial services and engineered products worldwide. The company operates in three segments: Harsco Metals & Minerals, Harsco Industrial, and Harsco Rail. The Harsco Metals & Minerals segment provides on-site services of material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; and value added environmental solutions for industrial co-products, as well as produces industrial abrasives and roofing granules.

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Institutional Ownership by Quarter for Harsco (NYSE:HSC)

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