Quadrature Capital Ltd Acquires New Holdings in Enviri Co. (NYSE:NVRI)

Quadrature Capital Ltd acquired a new stake in Enviri Co. (NYSE:NVRI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,131 shares of the company’s stock, valued at approximately $190,000.

A number of other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP acquired a new stake in shares of Enviri during the 4th quarter worth approximately $31,477,000. Charles Schwab Investment Management Inc. acquired a new position in Enviri in the fourth quarter worth $14,968,000. Leeward Investments LLC MA bought a new stake in shares of Enviri during the fourth quarter worth $4,175,000. Principal Financial Group Inc. bought a new stake in shares of Enviri during the fourth quarter worth $3,744,000. Finally, Federated Hermes Inc. bought a new stake in shares of Enviri during the fourth quarter worth $3,511,000. 93.43% of the stock is owned by institutional investors.

Insider Activity at Enviri

In other Enviri news, CEO F Nicholas Grasberger III purchased 25,000 shares of the stock in a transaction on Monday, May 6th. The stock was bought at an average cost of $7.59 per share, for a total transaction of $189,750.00. Following the completion of the acquisition, the chief executive officer now directly owns 837,901 shares of the company’s stock, valued at $6,359,668.59. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by corporate insiders.

Enviri Trading Up 1.2 %

NVRI stock opened at $8.63 on Friday. The business has a fifty day moving average of $8.30 and a 200-day moving average of $8.40. The company has a market cap of $691.26 million, a P/E ratio of -7.31 and a beta of 2.23. The company has a quick ratio of 1.03, a current ratio of 1.36 and a debt-to-equity ratio of 2.65. Enviri Co. has a twelve month low of $5.64 and a twelve month high of $10.01.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.06. The business had revenue of $600.00 million during the quarter, compared to the consensus estimate of $509.77 million. Enviri had a negative return on equity of 0.99% and a negative net margin of 4.35%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.11) earnings per share. As a group, equities research analysts expect that Enviri Co. will post 0.07 EPS for the current 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.