Enviri Co. (NYSE:NVRI) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in shares of Enviri Co. (NYSE:NVRI) by 154.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,456 shares of the company’s stock after acquiring an additional 16,678 shares during the period. SG Americas Securities LLC’s holdings in Enviri were worth $284,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Natixis Advisors LLC increased its position in shares of Enviri by 3.4% during the second quarter. Natixis Advisors LLC now owns 31,334 shares of the company’s stock valued at $270,000 after acquiring an additional 1,036 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Enviri by 4.3% in the second quarter. The Manufacturers Life Insurance Company now owns 31,034 shares of the company’s stock valued at $268,000 after purchasing an additional 1,273 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Enviri by 10.1% in the second quarter. Hsbc Holdings PLC now owns 15,174 shares of the company’s stock valued at $130,000 after purchasing an additional 1,397 shares during the period. Diversified Trust Co boosted its stake in shares of Enviri by 14.5% in the first quarter. Diversified Trust Co now owns 13,246 shares of the company’s stock valued at $121,000 after purchasing an additional 1,675 shares during the period. Finally, SummerHaven Investment Management LLC boosted its stake in shares of Enviri by 2.3% in the second quarter. SummerHaven Investment Management LLC now owns 78,587 shares of the company’s stock valued at $678,000 after purchasing an additional 1,788 shares during the period. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Trading Down 2.1 %

NYSE NVRI opened at $10.46 on Monday. The firm has a 50 day simple moving average of $10.67 and a 200-day simple moving average of $9.54. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.00 and a current ratio of 1.32. Enviri Co. has a one year low of $5.64 and a one year high of $12.79. The firm has a market cap of $837.88 million, a price-to-earnings ratio of -8.86 and a beta of 2.19.

Enviri (NYSE:NVRI) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. Enviri had a negative net margin of 4.27% and a negative return on equity of 0.31%. The business had revenue of $610.00 million during the quarter, compared to analyst estimates of $616.85 million. During the same quarter last year, the firm posted $0.01 earnings per share. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. Equities research analysts anticipate that Enviri Co. will post -0.02 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.