Leeward Investments LLC MA Sells 64,596 Shares of Enviri Co. (NYSE:NVRI)

Leeward Investments LLC MA lessened its position in Enviri Co. (NYSE:NVRI - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 844,316 shares of the company's stock after selling 64,596 shares during the quarter. Leeward Investments LLC MA owned 1.05% of Enviri worth $6,501,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in NVRI. CWM LLC boosted its holdings in Enviri by 37.1% during the 3rd quarter. CWM LLC now owns 5,662 shares of the company's stock valued at $59,000 after acquiring an additional 1,532 shares during the period. FMR LLC boosted its stake in shares of 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 purchasing an additional 1,809 shares during the period. DekaBank Deutsche Girozentrale grew its holdings in shares of Enviri by 205.4% in the third quarter. DekaBank Deutsche Girozentrale now owns 8,046 shares of the company's stock worth $83,000 after purchasing an additional 5,411 shares during the last quarter. Stoneridge Investment Partners LLC increased its stake in shares of Enviri by 20.8% in the fourth quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company's stock worth $108,000 after buying an additional 2,412 shares during the period. Finally, Vontobel Holding Ltd. bought a new stake in Enviri during the 4th quarter valued at $126,000. Hedge funds and other institutional investors own 93.43% of the company's stock.

Enviri Trading Down 4.4 %

NVRI traded down $0.31 during midday trading on Thursday, reaching $6.60. 1,337,962 shares of the company's stock traded hands, compared to its average volume of 861,246. The stock has a market capitalization of $528.91 million, a price-to-earnings ratio of -4.15 and a beta of 2.14. Enviri Co. has a 52 week low of $6.48 and a 52 week high of $12.79. The firm has a fifty day moving average of $8.50 and a two-hundred day moving average of $9.06. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.25 and a quick ratio of 0.99.

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

Wall Street Analysts Forecast Growth

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

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.