Barrow Hanley Mewhinney & Strauss LLC Has $38.94 Million Position in Enviri Co. (NYSE:NVRI)

Barrow Hanley Mewhinney & Strauss LLC trimmed its stake in shares of Enviri Co. (NYSE:NVRI - Free Report) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,057,167 shares of the company's stock after selling 241,764 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 6.31% of Enviri worth $38,940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NVRI. FMR LLC lifted its stake in Enviri by 34.4% during the third quarter. FMR LLC now owns 7,069 shares of the company's stock valued at $73,000 after buying an additional 1,809 shares in the last quarter. AXQ Capital LP purchased a new stake in shares of Enviri in the 4th quarter valued at approximately $88,000. KLP Kapitalforvaltning AS acquired a new position in Enviri in the 4th quarter worth approximately $102,000. Stoneridge Investment Partners LLC grew its position in 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 in the last quarter. Finally, Vontobel Holding Ltd. purchased a new position in Enviri during the 4th quarter worth approximately $126,000. Institutional investors and hedge funds own 93.43% of the company's stock.

Enviri Stock Down 13.5 %

Shares of NVRI traded down $0.86 during mid-day trading on Friday, reaching $5.50. The company's stock had a trading volume of 1,688,512 shares, compared to its average volume of 667,594. The company has a market cap of $441.17 million, a price-to-earnings ratio of -3.46 and a beta of 2.19. The business has a fifty day moving average of $7.52 and a 200 day moving average of $8.23. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 3.14. Enviri Co. has a 1 year low of $5.36 and a 1 year high of $12.79.

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Enviri (NYSE:NVRI - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.05. Enviri had a negative return on equity of 0.90% and a negative net margin of 5.46%. The firm had revenue of $558.71 million during the quarter, compared to the consensus estimate of $578.98 million. During the same period in the prior year, the business earned ($0.07) EPS. As a group, analysts forecast that Enviri Co. will post -0.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Tom George Vadaketh acquired 40,297 shares of Enviri stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of $6.20 per share, with a total value of $249,841.40. Following the completion of the transaction, the chief financial officer now owns 132,431 shares in the company, valued at approximately $821,072.20. This trade represents a 43.74 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Russell C. Hochman bought 40,127 shares of the 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 approximately $754,638.39. This represents a 50.01 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by corporate insiders.

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.