State of Tennessee Treasury Department continued to hold its position in shares of Harsco Corporation (NYSE:HSC) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 75,265 shares of the industrial products company’s stock at the close of the 2nd quarter. State of Tennessee Treasury Department owned about 0.09% of Harsco Corporation worth $1,212,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HSC. Invictus RG bought a new stake in shares of Harsco Corporation in the 1st quarter worth about $120,000. Federated Investors Inc. PA lifted its holdings in shares of Harsco Corporation by 1.7% in the 2nd quarter. Federated Investors Inc. PA now owns 7,678 shares of the industrial products company’s stock worth $124,000 after acquiring an additional 132 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Harsco Corporation in the 1st quarter worth about $147,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Harsco Corporation in the 1st quarter worth about $148,000. Finally, Cipher Capital LP bought a new stake in shares of Harsco Corporation in the 1st quarter worth about $155,000. Hedge funds and other institutional investors own 80.67% of the company’s stock.

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A number of brokerages recently weighed in on HSC. Jefferies Group LLC reiterated a “buy” rating and set a $19.00 price objective (up previously from $18.00) on shares of Harsco Corporation in a report on Wednesday, August 9th. BidaskClub lowered shares of Harsco Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Zacks Investment Research upgraded shares of Harsco Corporation from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Tuesday, August 8th. Lake Street Capital reiterated a “buy” rating on shares of Harsco Corporation in a report on Friday, August 4th. Finally, Argus upgraded shares of Harsco Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $19.50.

Harsco Corporation (NYSE HSC) opened at 19.75 on Friday. Harsco Corporation has a 52-week low of $8.52 and a 52-week high of $19.90. The firm’s 50-day moving average is $16.91 and its 200-day moving average is $15.00. The stock’s market cap is $1.59 billion.

Harsco Corporation (NYSE:HSC) last issued its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.05. The business had revenue of $394.89 million for the quarter, compared to analysts’ expectations of $384.40 million. Harsco Corporation had a negative net margin of 1.38% and a positive return on equity of 26.28%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 earnings per share. Equities research analysts predict that Harsco Corporation will post $0.64 earnings per share for the current year.

About Harsco Corporation

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 Corporation (NYSE:HSC)

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