Enviri Co. (NYSE:NVRI) Shares Purchased by Barclays PLC

Barclays PLC grew its position in shares of Enviri Co. (NYSE:NVRI - Free Report) by 344.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 132,106 shares of the company's stock after buying an additional 102,405 shares during the period. Barclays PLC owned about 0.16% of Enviri worth $1,367,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC lifted its stake in Enviri by 90.0% during the third quarter. Jane Street Group LLC now owns 275,111 shares of the company's stock worth $2,845,000 after purchasing an additional 130,292 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in shares of Enviri by 3.5% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 3,908,400 shares of the company's stock valued at $33,729,000 after buying an additional 132,000 shares during the period. D. E. Shaw & Co. Inc. boosted its holdings in shares of Enviri by 11.1% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 3,823,704 shares of the company's stock valued at $32,999,000 after buying an additional 383,395 shares during the period. FMR LLC grew 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 valued at $73,000 after buying an additional 1,809 shares during the last quarter. Finally, Creative Planning raised its stake in Enviri by 36.2% during the third quarter. Creative Planning now owns 31,003 shares of the company's stock worth $321,000 after acquiring an additional 8,242 shares during the period. Institutional investors and hedge funds own 93.43% of the company's stock.

Enviri Price Performance

Shares of NYSE NVRI opened at $8.41 on Monday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.30 and a quick ratio of 0.99. The firm has a market capitalization of $673.94 million, a PE ratio of -6.84 and a beta of 2.15. Enviri Co. has a 1-year low of $6.57 and a 1-year high of $12.79. The business's fifty day moving average price is $7.53 and its two-hundred day moving average price is $9.35.

Enviri (NYSE:NVRI - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). The firm had revenue of $573.60 million during the quarter, compared to analyst estimates of $613.63 million. Enviri had a negative return on equity of 1.25% and a negative net margin of 4.28%. The firm's revenue was down 3.9% on a year-over-year basis. During the same period last year, the business earned $0.05 EPS. On average, research analysts expect that Enviri Co. will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lowered their target price on Enviri from $13.00 to $10.00 and set a "market perform" rating for the company in a report on Friday, November 1st.

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.