Leeward Investments LLC MA Sells 29,933 Shares of Enviri Corporation (NYSE:NVRI)

Leeward Investments LLC MA lowered its position in shares of Enviri Corporation (NYSE:NVRI - Free Report) by 3.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 814,383 shares of the company's stock after selling 29,933 shares during the quarter. Leeward Investments LLC MA owned 1.02% of Enviri worth $5,416,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in NVRI. Victory Capital Management Inc. raised its stake in Enviri by 20.4% during the 4th quarter. Victory Capital Management Inc. now owns 163,017 shares of the company's stock valued at $1,255,000 after purchasing an additional 27,621 shares during the period. Raymond James Financial Inc. acquired a new position in Enviri during the fourth quarter valued at $943,000. Amundi lifted its stake in Enviri by 262.3% in the 4th quarter. Amundi now owns 58,278 shares of the company's stock worth $491,000 after acquiring an additional 42,194 shares in the last quarter. Intech Investment Management LLC boosted its position in Enviri by 108.2% during the 4th quarter. Intech Investment Management LLC now owns 343,261 shares of the company's stock worth $2,643,000 after acquiring an additional 178,425 shares during the period. Finally, Quantbot Technologies LP grew its stake in Enviri by 38,371.1% during the 4th quarter. Quantbot Technologies LP now owns 51,936 shares of the company's stock valued at $400,000 after acquiring an additional 51,801 shares in the last quarter. Hedge funds and other institutional investors own 93.43% of the company's stock.

Enviri Stock Up 0.9%

Shares of Enviri stock traded up $0.08 on Tuesday, hitting $8.81. 437,640 shares of the company traded hands, compared to its average volume of 739,195. Enviri Corporation has a 12-month low of $4.72 and a 12-month high of $12.79. The company has a quick ratio of 0.94, a current ratio of 1.28 and a debt-to-equity ratio of 3.21. The company has a market cap of $706.65 million, a PE ratio of -5.72 and a beta of 1.80. The company has a 50-day moving average price of $8.05 and a 200 day moving average price of $7.63.

Enviri (NYSE:NVRI - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.03. The company had revenue of $548.28 million for the quarter, compared to analyst estimates of $560.00 million. Enviri had a negative return on equity of 3.43% and a negative net margin of 5.39%. The business's revenue was down 8.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.03) EPS. Sell-side analysts predict that Enviri Corporation will post -0.13 earnings per share for the current year.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Enviri from a "sell" rating to a "hold" rating in a report on Saturday, June 14th.

About Enviri

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.