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

Leeward Investments LLC MA lessened its position in shares of Enviri Corporation (NYSE:NVRI - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 814,383 shares of the company's stock after selling 29,933 shares during the quarter. Leeward Investments LLC MA owned about 1.02% of Enviri worth $5,416,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. grew its holdings in Enviri by 30.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 4,825,488 shares of the company's stock valued at $37,156,000 after buying an additional 1,127,647 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Enviri by 3.4% during the 4th quarter. Neuberger Berman Group LLC now owns 4,746,964 shares of the company's stock valued at $36,530,000 after buying an additional 155,146 shares in the last quarter. Paradigm Capital Management Inc. NY grew its holdings in Enviri by 14.4% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 4,475,900 shares of the company's stock valued at $34,464,000 after buying an additional 563,100 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Enviri by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,468,989 shares of the company's stock valued at $34,411,000 after buying an additional 191,777 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Enviri by 26.9% during the 4th quarter. Invesco Ltd. now owns 2,126,739 shares of the company's stock valued at $16,376,000 after buying an additional 450,327 shares in the last quarter. Hedge funds and other institutional investors own 93.43% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Enviri from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th.

Enviri Trading Up 0.5%

Shares of NYSE:NVRI traded up $0.05 during trading on Friday, hitting $8.82. The company had a trading volume of 226,571 shares, compared to its average volume of 740,513. The stock has a market cap of $707.05 million, a price-to-earnings ratio of -5.72 and a beta of 1.80. Enviri Corporation has a one year low of $4.72 and a one year high of $12.79. The company has a fifty day simple moving average of $7.98 and a two-hundred day simple moving average of $7.62. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.28 and a quick ratio of 0.94.

Enviri (NYSE:NVRI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.03. The business had revenue of $548.28 million during 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 company's revenue for the quarter was down 8.7% on a year-over-year basis. During the same period last year, the company earned ($0.03) EPS. As a group, equities analysts forecast that Enviri Corporation will post -0.13 earnings per share for the current year.

Enviri 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.