Rhumbline Advisers cut its stake in shares of Enviri Co. (NYSE:NVRI – Free Report) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 254,653 shares of the company’s stock after selling 2,666 shares during the quarter. Rhumbline Advisers owned about 0.32% of Enviri worth $2,198,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. Innealta Capital LLC purchased a new position in shares of Enviri in the second quarter worth $26,000. CWM LLC raised its position in Enviri by 137.6% in the 2nd quarter. CWM LLC now owns 4,130 shares of the company’s stock worth $36,000 after buying an additional 2,392 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in Enviri during the 4th quarter valued at about $65,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Enviri during the 1st quarter valued at about $70,000. Finally, Aigen Investment Management LP bought a new stake in shares of Enviri in the fourth quarter worth approximately $92,000. Hedge funds and other institutional investors own 93.43% of the company’s stock.
Enviri Stock Up 4.1 %
Shares of Enviri stock opened at $10.75 on Friday. Enviri Co. has a twelve month low of $5.64 and a twelve month high of $12.79. The company has a quick ratio of 1.00, a current ratio of 1.32 and a debt-to-equity ratio of 2.68. The company’s 50 day moving average is $10.86 and its 200 day moving average is $9.24. The company has a market cap of $861.11 million, a price-to-earnings ratio of -9.11 and a beta of 2.20.
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.
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