Federated Hermes Inc. bought a new position in shares of Enviri Co. (NYSE:NVRI – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 390,139 shares of the company’s stock, valued at approximately $3,511,000. Federated Hermes Inc. owned 0.49% of Enviri as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legato Capital Management LLC acquired a new position in shares of Enviri during the fourth quarter worth about $1,212,000. New York State Teachers Retirement System purchased a new stake in shares of Enviri in the 4th quarter valued at approximately $1,182,000. Strs Ohio purchased a new stake in shares of Enviri in the 4th quarter valued at approximately $709,000. Venture Visionary Partners LLC purchased a new stake in shares of Enviri during the 4th quarter worth $632,000. Finally, D.B. Root & Company LLC purchased a new stake in shares of Enviri during the 4th quarter worth $477,000. Hedge funds and other institutional investors own 93.43% of the company’s stock.
Enviri Stock Performance
NYSE:NVRI opened at $8.09 on Friday. Enviri Co. has a 12 month low of $5.64 and a 12 month high of $10.01. The company has a debt-to-equity ratio of 2.44, a current ratio of 1.26 and a quick ratio of 1.13. The firm has a market capitalization of $645.87 million, a PE ratio of -7.49 and a beta of 2.10. The business’s fifty day moving average price is $8.27 and its 200 day moving average price is $7.76.
About Enviri
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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