Barclays PLC Boosts Holdings in Enviri Co. (NYSE:NVRI)

Barclays PLC increased its position in Enviri Co. (NYSE:NVRI) by 344.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,106 shares of the company’s stock after purchasing an additional 102,405 shares during the quarter. Barclays PLC owned 0.16% of Enviri worth $1,367,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in Enviri by 37.1% during the 3rd quarter. CWM LLC now owns 5,662 shares of the company’s stock worth $59,000 after purchasing an additional 1,532 shares during the last quarter. FMR LLC increased its stake in shares of Enviri by 34.4% in the third quarter. FMR LLC now owns 7,069 shares of the company’s stock worth $73,000 after buying an additional 1,809 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Enviri by 205.4% in the third quarter. DekaBank Deutsche Girozentrale now owns 8,046 shares of the company’s stock valued at $83,000 after acquiring an additional 5,411 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Enviri during the 3rd quarter valued at $127,000. Finally, Hsbc Holdings PLC grew its holdings in Enviri by 10.1% during the 2nd quarter. Hsbc Holdings PLC now owns 15,174 shares of the company’s stock worth $130,000 after acquiring an additional 1,397 shares in the last quarter. Institutional investors and hedge funds own 93.43% of the company’s stock.

Enviri Stock Down 0.2 %

Enviri stock opened at $8.41 on Monday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.99 and a current ratio of 1.30. The company has a 50-day simple moving average of $7.53 and a 200-day simple moving average of $9.35. The firm has a market capitalization of $673.94 million, a P/E ratio of -6.84 and a beta of 2.15. Enviri Co. has a one year low of $6.57 and a one year high of $12.79.

Enviri (NYSE:NVRI) last issued its quarterly earnings data on Thursday, October 31st. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08). Enviri had a negative net margin of 4.28% and a negative return on equity of 1.25%. The company had revenue of $573.60 million for the quarter, compared to the consensus estimate of $613.63 million. During the same quarter in the prior year, the firm earned $0.05 earnings per share. Enviri’s revenue for the quarter was down 3.9% compared to the same quarter last year. As a group, equities analysts expect that Enviri Co. will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.