DekaBank Deutsche Girozentrale Has $83,000 Stock Holdings in Enviri Co. (NYSE:NVRI)

DekaBank Deutsche Girozentrale boosted its position in Enviri Co. (NYSE:NVRI) by 205.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 8,046 shares of the company’s stock after acquiring an additional 5,411 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Enviri were worth $83,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of Enviri in the second quarter valued at approximately $26,000. CWM LLC boosted its position in Enviri by 137.6% during 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 during the period. PNC Financial Services Group Inc. acquired a new position in shares of Enviri in the fourth quarter valued at $65,000. SG Americas Securities LLC acquired a new stake in shares of Enviri during the 1st quarter worth about $100,000. Finally, Diversified Trust Co boosted its holdings in shares of Enviri by 14.5% during the 1st quarter. Diversified Trust Co now owns 13,246 shares of the company’s stock worth $121,000 after buying an additional 1,675 shares during the period. Institutional investors own 93.43% of the company’s stock.

Enviri Stock Performance

NVRI opened at $7.27 on Monday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.30 and a quick ratio of 1.00. The business has a fifty day simple moving average of $10.33 and a 200 day simple moving average of $9.61. Enviri Co. has a 1 year low of $5.64 and a 1 year high of $12.79. The company has a market capitalization of $582.41 million, a PE ratio of -5.91 and a beta of 2.22.

Enviri (NYSE:NVRI) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). Enviri had a negative net margin of 4.28% and a negative return on equity of 1.25%. The business had revenue of $573.60 million during the quarter, compared to analyst estimates of $613.63 million. During the same quarter last year, the company posted $0.05 earnings per share. The company’s revenue was down 3.9% on a year-over-year basis.

Analysts Set New Price Targets

Separately, BMO Capital Markets lowered their price target on shares of Enviri from $13.00 to $10.00 and set a “market perform” rating on the stock in a report on Friday.

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.