2 weeks Ago By Defense World Staff
Cerity Partners LLC trimmed its holdings in Enviri Co. (NYSE:NVRI – Free Report) by 9.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC.
The firm owned 30,019 shares of the company’s stock after selling 3,207 shares during the quarter. Cerity Partners LLC’s holdings in Enviri were worth $240,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company.
Barclays PLC lifted its stake in Enviri by 344.8% in the third quarter. Barclays PLC now owns 132,106 shares of the company’s stock worth $1,367,000 after acquiring an additional 102,405 shares during the period.
Geode Capital Management LLC boosted its holdings in shares of Enviri by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,839,051 shares of the company’s stock valued at $19,020,000 after acquiring an additional 28,166 shares during the last quarter.
JPMorgan Chase & Co. lifted its holdings in shares of Enviri by 111.9% in the 3rd quarter.
JPMorgan Chase & Co. now owns 491,650 shares of the company’s stock valued at $5,084,000 after buying an additional 259,606 shares during the period. Stoneridge Investment Partners LLC grew its stake in shares of Enviri by 20.
8% during the 4th quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company’s stock worth $108,000 after purchasing an additional 2,412 shares during the period. Finally, Vontobel Holding Ltd.
acquired a new position in Enviri in the 4th quarter worth about $126,000. 93.43% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at EnviriIn other news, CFO Tom George Vadaketh bought 40,297 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of $6.20 per share, for a total transaction of $249,841.
40. Following the completion of the purchase, the chief financial officer now owns 132,431 shares of the company’s stock, valued at approximately $821,072.20.
This represents a 43.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Also, SVP Russell C. Hochman acquired 40,127 shares of Enviri stock in a transaction dated Friday, March 14th. The stock was purchased at an average price of $6.
27 per share, for a total transaction of $251,596.29. Following the completion of the acquisition, the senior vice president now directly owns 120,357 shares in the company, valued at approximately $754,638.
39. This represents a 50.01 % increase in their position.
The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by insiders.
Enviri Price PerformanceShares of NYSE NVRI opened at $6.68 on Friday. The firm has a market cap of $535.
82 million, a PE ratio of -4.20 and a beta of 1.97.
The firm has a fifty day moving average of $6.37 and a 200 day moving average of $7.73.
Enviri Co. has a one year low of $4.72 and a one year high of $12.
79. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.
99 and a current ratio of 1.25. Enviri (NYSE:NVRI – Get Free Report) last issued its earnings results on Thursday, February 20th.
The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.
05. The business had revenue of $558.71 million for the quarter, compared to analysts’ expectations of $578.
98 million. Enviri had a negative return on equity of 0.90% and a negative net margin of 5.
46%. During the same period in the previous year, the firm posted ($0.07) EPS.
As a group, research analysts predict that Enviri Co. will post -0.13 EPS for the current fiscal year.
Enviri Profile (Free Report)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.
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