Leeward Investments LLC MA Makes New $4.18 Million Investment in Enviri Co. (NYSE:NVRI)

Leeward Investments LLC MA bought a new stake in shares of Enviri Co. (NYSE:NVRI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 463,869 shares of the company’s stock, valued at approximately $4,175,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Diversified Trust Co bought a new stake in Enviri during the 4th quarter valued at approximately $104,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Enviri during the 4th quarter valued at approximately $125,000. Mutual of America Capital Management LLC bought a new stake in Enviri during the 4th quarter valued at approximately $126,000. Brookstone Capital Management bought a new stake in Enviri in the 4th quarter worth approximately $144,000. Finally, Arizona State Retirement System bought a new stake in Enviri in the 4th quarter worth approximately $201,000. Institutional investors own 93.43% of the company’s stock.

Enviri Trading Up 0.5 %

NYSE:NVRI traded up $0.04 during trading hours on Friday, reaching $8.09. The stock had a trading volume of 227,115 shares, compared to its average volume of 401,908. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.13 and a current ratio of 1.26. Enviri Co. has a 52 week low of $5.64 and a 52 week high of $10.01. The company has a 50 day moving average price of $8.27 and a two-hundred day moving average price of $7.75.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.01. Enviri had a negative return on equity of 1.99% and a negative net margin of 4.16%. The business had revenue of $529.00 million for the quarter, compared to the consensus estimate of $493.30 million. During the same quarter in the previous year, the company posted $0.01 EPS. The company’s revenue was up 13.0% compared to the same quarter last year. As a group, equities analysts forecast that Enviri Co. will post -0.13 EPS for the current fiscal 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.