Intech Investment Management LLC Has $2.64 Million Stock Position in Enviri Co. (NYSE:NVRI)

Intech Investment Management LLC increased its stake in Enviri Co. (NYSE:NVRI - Free Report) by 108.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 343,261 shares of the company's stock after purchasing an additional 178,425 shares during the period. Intech Investment Management LLC owned approximately 0.43% of Enviri worth $2,643,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC lifted its holdings in shares of Enviri by 34.4% during the 3rd quarter. FMR LLC now owns 7,069 shares of the company's stock worth $73,000 after acquiring an additional 1,809 shares during the period. Stoneridge Investment Partners LLC raised its position in Enviri by 20.8% during the fourth quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company's stock valued at $108,000 after purchasing an additional 2,412 shares in the last quarter. Vontobel Holding Ltd. bought a new stake in Enviri during the fourth quarter worth $126,000. Zacks Investment Management boosted its holdings in shares of Enviri by 44.7% in the 3rd quarter. Zacks Investment Management now owns 23,708 shares of the company's stock valued at $245,000 after purchasing an additional 7,323 shares in the last quarter. Finally, Martingale Asset Management L P bought a new position in shares of Enviri in the 3rd quarter valued at $274,000. Institutional investors own 93.43% of the company's stock.

Enviri Price Performance

Shares of NVRI stock traded up $0.33 on Monday, hitting $7.08. 1,361,446 shares of the company's stock were exchanged, compared to its average volume of 600,958. Enviri Co. has a 12 month low of $5.67 and a 12 month high of $12.79. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.25 and a quick ratio of 0.99. The company has a 50 day moving average of $7.96 and a 200 day moving average of $8.44. The stock has a market cap of $567.51 million, a P/E ratio of -4.45 and a beta of 2.19.

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Enviri (NYSE:NVRI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.05. The company had revenue of $558.71 million for the quarter, compared to analyst estimates of $578.98 million. Enviri had a negative net margin of 5.46% and a negative return on equity of 0.90%. During the same period in the previous year, the firm posted ($0.07) EPS. On average, equities research analysts predict that Enviri Co. will post -0.13 EPS for the current year.

Insider Transactions at Enviri

In other Enviri news, SVP Russell C. Hochman purchased 40,127 shares of the firm's stock in a transaction on Friday, March 14th. The stock was purchased at an average cost of $6.27 per share, for a total transaction of $251,596.29. Following the transaction, the senior vice president now owns 120,357 shares in the company, valued at $754,638.39. The trade was a 50.01 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Tom George Vadaketh purchased 40,297 shares of the business's stock in a transaction dated Friday, March 14th. The shares were acquired at an average price of $6.20 per share, for a total transaction of $249,841.40. Following the acquisition, the chief financial officer now owns 132,431 shares of the company's stock, valued at $821,072.20. This trade represents a 43.74 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.70% of the company's stock.

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.