GSA Capital Partners LLP Has $469,000 Holdings in Enviri Co. (NYSE:NVRI)

GSA Capital Partners LLP decreased its position in shares of Enviri Co. (NYSE:NVRI - Free Report) by 80.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,374 shares of the company's stock after selling 185,015 shares during the quarter. GSA Capital Partners LLP owned about 0.06% of Enviri worth $469,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of NVRI. SG Americas Securities LLC acquired a new stake in Enviri in the first quarter worth approximately $100,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Enviri by 2.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 107,640 shares of the company's stock valued at $985,000 after buying an additional 2,839 shares during the period. DekaBank Deutsche Girozentrale bought a new position in Enviri during the first quarter valued at about $70,000. First Hawaiian Bank acquired a new position in Enviri during the second quarter worth about $468,000. Finally, CWM LLC raised its position in Enviri by 137.6% in the second quarter. CWM LLC now owns 4,130 shares of the company's stock worth $36,000 after acquiring an additional 2,392 shares in the last quarter. Institutional investors own 93.43% of the company's stock.

Wall Street Analysts Forecast Growth

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

Enviri Stock Performance

Enviri stock opened at $7.22 on Thursday. Enviri Co. has a 1 year low of $5.64 and a 1 year high of $12.79. The firm's 50 day moving average price is $9.36 and its two-hundred day moving average price is $9.54. 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 announced its earnings results on Thursday, October 31st. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). The company had revenue of $573.60 million for 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 for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm earned $0.05 earnings per share. Sell-side analysts forecast that Enviri Co. will post -0.11 earnings per share for the current fiscal 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.