Enviri Co. (NYSE:NVRI) Shares Bought by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Enviri Co. (NYSE:NVRI) by 0.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 558,143 shares of the company’s stock after acquiring an additional 1,180 shares during the period. Sei Investments Co. owned about 0.70% of Enviri worth $4,817,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NVRI. Natixis Advisors LLC grew its stake in Enviri by 3.4% in the second quarter. Natixis Advisors LLC now owns 31,334 shares of the company’s stock worth $270,000 after purchasing an additional 1,036 shares in the last quarter. Hsbc Holdings PLC grew its stake in Enviri by 10.1% in the second quarter. Hsbc Holdings PLC now owns 15,174 shares of the company’s stock worth $130,000 after purchasing an additional 1,397 shares in the last quarter. Diversified Trust Co grew its stake in Enviri by 14.5% in the first quarter. Diversified Trust Co now owns 13,246 shares of the company’s stock worth $121,000 after purchasing an additional 1,675 shares in the last quarter. SummerHaven Investment Management LLC grew its stake in Enviri by 2.3% in the second quarter. SummerHaven Investment Management LLC now owns 78,587 shares of the company’s stock worth $678,000 after purchasing an additional 1,788 shares in the last quarter. Finally, CWM LLC grew its stake in Enviri by 137.6% in the second quarter. CWM LLC now owns 4,130 shares of the company’s stock worth $36,000 after purchasing an additional 2,392 shares in the last quarter. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Stock Down 1.0 %

NYSE:NVRI opened at $10.24 on Wednesday. The company has a market capitalization of $820.25 million, a price-to-earnings ratio of -8.68 and a beta of 2.20. Enviri Co. has a one year low of $5.64 and a one year high of $12.79. The stock has a 50-day simple moving average of $10.91 and a 200 day simple moving average of $9.37. 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 (NYSE:NVRI) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The business had revenue of $610.00 million during the quarter, compared to the consensus estimate of $616.85 million. Enviri had a negative return on equity of 0.31% and a negative net margin of 4.27%. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period last year, the firm earned $0.01 earnings per share. Sell-side analysts predict 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.