Enviri Co. (NYSE:NVRI) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in Enviri Co. (NYSE:NVRI - Free Report) by 16.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,261,379 shares of the company's stock after selling 242,406 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.57% of Enviri worth $13,043,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NVRI. Leeward Investments LLC MA grew its stake in Enviri by 93.5% during the 3rd quarter. Leeward Investments LLC MA now owns 908,912 shares of the company's stock worth $9,398,000 after buying an additional 439,102 shares during the last quarter. D. E. Shaw & Co. Inc. increased its stake in Enviri by 11.1% in the second quarter. D. E. Shaw & Co. Inc. now owns 3,823,704 shares of the company's stock valued at $32,999,000 after purchasing an additional 383,395 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Enviri by 6.5% in the second quarter. Dimensional Fund Advisors LP now owns 4,107,266 shares of the company's stock valued at $35,446,000 after buying an additional 249,181 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Enviri by 413.2% during the third quarter. Intech Investment Management LLC now owns 164,836 shares of the company's stock worth $1,704,000 after buying an additional 132,718 shares during the period. Finally, Paradigm Capital Management Inc. NY grew its holdings in shares of Enviri by 3.5% during the second quarter. Paradigm Capital Management Inc. NY now owns 3,908,400 shares of the company's stock worth $33,729,000 after buying an additional 132,000 shares during the last quarter. 93.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets decreased their price target 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 Trading Up 1.7 %

Shares of NVRI stock traded up $0.13 during trading hours on Monday, reaching $7.70. 604,193 shares of the company's stock were exchanged, compared to its average volume of 475,876. The company's 50 day moving average is $8.62 and its two-hundred day moving average is $9.47. Enviri Co. has a 1 year low of $6.57 and a 1 year high of $12.79. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.99 and a current ratio of 1.30.

Enviri (NYSE:NVRI - Get Free Report) last released its quarterly earnings results 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 business's revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. Analysts anticipate that Enviri Co. will post -0.11 earnings per share for the current year.

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.