Barrow Hanley Mewhinney & Strauss LLC Reduces Holdings in Enviri Co. (NYSE:NVRI)

Barrow Hanley Mewhinney & Strauss LLC reduced its stake in Enviri Co. (NYSE:NVRI) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,057,167 shares of the company’s stock after selling 241,764 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.06% of Enviri worth $38,940,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. FMR LLC increased its holdings in shares of Enviri by 34.4% in the third quarter. FMR LLC now owns 7,069 shares of the company’s stock valued at $73,000 after purchasing an additional 1,809 shares during the period. AXQ Capital LP acquired a new position in Enviri in the 4th quarter worth approximately $88,000. KLP Kapitalforvaltning AS purchased a new position in Enviri during the 4th quarter worth approximately $102,000. Stoneridge Investment Partners LLC lifted its stake in Enviri by 20.8% during the 4th quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company’s stock valued at $108,000 after acquiring an additional 2,412 shares during the period. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Enviri in the 4th quarter valued at $126,000. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Trading Down 5.7 %

NYSE NVRI opened at $6.65 on Monday. The company has a fifty day moving average of $7.80 and a 200 day moving average of $8.33. The company has a market capitalization of $533.02 million, a PE ratio of -4.18 and a beta of 2.19. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.25 and a quick ratio of 0.99. Enviri Co. has a 1 year low of $5.67 and a 1 year high of $12.79.

Enviri (NYSE:NVRI) last posted its earnings results on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.05. Enviri had a negative return on equity of 0.90% and a negative net margin of 5.46%. The firm had revenue of $558.71 million for the quarter, compared to analyst estimates of $578.98 million. During the same period last year, the company earned ($0.07) earnings per share. Research analysts forecast that Enviri Co. will post -0.13 earnings per share for the current year.

Insider Activity

In other Enviri news, CFO Tom George Vadaketh bought 40,297 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were purchased at an average cost of $6.20 per share, for a total transaction of $249,841.40. Following the transaction, the chief financial officer now directly owns 132,431 shares of the company’s stock, valued at approximately $821,072.20. The trade was a 43.74 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Russell C. Hochman purchased 40,127 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average price of $6.27 per share, with a total value of $251,596.29. Following the purchase, the senior vice president now owns 120,357 shares in the company, valued at $754,638.39. This represents a 50.01 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 2.50% of the company’s stock.

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.