Enviri Co. (NYSE:NVRI) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its holdings in shares of Enviri Co. (NYSE:NVRI) by 7.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 844,316 shares of the company’s stock after selling 64,596 shares during the period. Leeward Investments LLC MA’s holdings in Enviri were worth $6,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. CWM LLC lifted its holdings in Enviri by 37.1% during the third quarter. CWM LLC now owns 5,662 shares of the company’s stock valued at $59,000 after purchasing an additional 1,532 shares in the last quarter. FMR LLC raised its position in shares of Enviri by 34.4% during the 3rd quarter. FMR LLC now owns 7,069 shares of the company’s stock worth $73,000 after purchasing an additional 1,809 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Enviri by 205.4% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 8,046 shares of the company’s stock valued at $83,000 after buying an additional 5,411 shares in the last quarter. Stoneridge Investment Partners LLC boosted its holdings in Enviri by 20.8% in the 4th quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company’s stock worth $108,000 after buying an additional 2,412 shares during the last quarter. Finally, Vontobel Holding Ltd. purchased a new stake in Enviri during the 4th quarter worth approximately $126,000. Institutional investors and hedge funds own 93.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets decreased their target price on Enviri from $13.00 to $10.00 and set a “market perform” rating on the stock in a research report on Friday, November 1st.

Enviri Price Performance

Enviri stock opened at $7.25 on Monday. The company has a fifty day simple moving average of $8.53 and a 200-day simple moving average of $9.13. The firm has a market capitalization of $580.61 million, a price-to-earnings ratio of -4.56 and a beta of 2.14. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 3.14. Enviri Co. has a 52-week low of $6.57 and a 52-week high of $12.79.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.05. Enviri had a negative net margin of 5.46% and a negative return on equity of 0.90%. The company had revenue of $558.71 million during the quarter, compared to the consensus estimate of $578.98 million. During the same quarter in the prior year, the firm earned ($0.07) EPS. On average, equities analysts anticipate that Enviri Co. will post -0.13 EPS for the current fiscal year.

Enviri Company Profile

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.