11,167 Shares in Enviri Corporation (NYSE:NVRI) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new position in Enviri Corporation (NYSE:NVRI) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,167 shares of the company’s stock, valued at approximately $74,000.

Other hedge funds have also added to or reduced their stakes in the company. Dark Forest Capital Management LP acquired a new stake in shares of Enviri in the fourth quarter valued at about $78,000. GAMMA Investing LLC increased its holdings in shares of Enviri by 1,216.8% in the 1st quarter. GAMMA Investing LLC now owns 12,128 shares of the company’s stock valued at $81,000 after acquiring an additional 11,207 shares during the period. Envestnet Asset Management Inc. acquired a new position in Enviri in the 4th quarter valued at $86,000. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Enviri by 17.1% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,187 shares of the company’s stock worth $86,000 after purchasing an additional 1,631 shares in the last quarter. Finally, AXQ Capital LP acquired a new stake in Enviri in the 4th quarter valued at about $88,000. 93.43% of the stock is currently owned by institutional investors.

Enviri Price Performance

Shares of NVRI stock opened at $9.05 on Tuesday. The stock’s fifty day moving average is $8.41 and its 200-day moving average is $7.72. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.94 and a current ratio of 1.28. The stock has a market capitalization of $725.50 million, a PE ratio of -5.87 and a beta of 1.80. Enviri Corporation has a 52 week low of $4.72 and a 52 week high of $12.79.

Enviri (NYSE:NVRI) last released its earnings results on Thursday, May 1st. The company reported ($0.18) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.03. The firm had revenue of $548.28 million for the quarter, compared to analyst estimates of $560.00 million. Enviri had a negative return on equity of 3.43% and a negative net margin of 5.39%. The company’s quarterly revenue was down 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.03) earnings per share. Equities research analysts expect that Enviri Corporation will post -0.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

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.