Enviri Co. (NYSE:NVRI) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in Enviri Co. (NYSE:NVRI - Free Report) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,468,989 shares of the company's stock after purchasing an additional 191,777 shares during the period. Dimensional Fund Advisors LP owned 5.58% of Enviri worth $34,411,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Barclays PLC raised its stake in Enviri by 344.8% during the third quarter. Barclays PLC now owns 132,106 shares of the company's stock valued at $1,367,000 after buying an additional 102,405 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Enviri by 111.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 491,650 shares of the company's stock valued at $5,084,000 after acquiring an additional 259,606 shares in the last quarter. Stoneridge Investment Partners LLC lifted its stake in Enviri by 20.8% during the fourth 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 last quarter. Vontobel Holding Ltd. acquired a new position in Enviri in the fourth quarter worth $126,000. Finally, Principal Financial Group Inc. increased its stake in Enviri by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 388,552 shares of the company's stock valued at $2,992,000 after purchasing an additional 10,977 shares during the last quarter. Institutional investors and hedge funds own 93.43% of the company's stock.

Enviri Stock Performance

Shares of NYSE:NVRI traded down $0.04 on Friday, reaching $7.06. 796,628 shares of the company's stock were exchanged, compared to its average volume of 705,760. Enviri Co. has a fifty-two week low of $4.72 and a fifty-two week high of $12.79. The business's 50-day moving average is $6.34 and its two-hundred day moving average is $7.46. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 3.14. The firm has a market capitalization of $566.30 million, a price-to-earnings ratio of -4.44 and a beta of 1.79.

Enviri (NYSE:NVRI - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.18) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.21) by $0.03. The firm had revenue of $548.28 million for the quarter, compared to analysts' expectations of $560.00 million. Enviri had a negative net margin of 5.46% and a negative return on equity of 0.90%. Enviri's revenue was down 8.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) earnings per share. As a group, equities research analysts forecast that Enviri Co. will post -0.13 EPS for the current year.

Insider Buying and Selling

In other news, CFO Tom George Vadaketh bought 40,297 shares of Enviri stock in a transaction on Friday, March 14th. The stock was purchased at an average cost of $6.20 per share, with a total value of $249,841.40. Following the purchase, the chief financial officer now directly owns 132,431 shares of the company's stock, valued at approximately $821,072.20. This trade represents a 43.74 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Russell C. Hochman purchased 40,127 shares of the company's stock in a transaction on 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 purchase, the senior vice president now directly owns 120,357 shares of the company's stock, valued at $754,638.39. This trade represents a 50.01 % increase in their position. The disclosure for this purchase can be found here. 2.50% of the stock is owned by company insiders.

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.