1 week Ago By ABMN Staff
Norges Bank acquired a new stake in Enviri Co. ( NYSE:NVRI – Free Report ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 321,267 shares of the company’s stock, valued at approximately $2,474,000.
Norges Bank owned about 0.40% of Enviri as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently bought and sold shares of the company.
FMR LLC increased its holdings in shares of Enviri by 34.4% in the 3rd quarter. FMR LLC now owns 7,069 shares of the company’s stock valued at $73,000 after acquiring an additional 1,809 shares during the last quarter.
AXQ Capital LP bought a new stake in Enviri during the fourth quarter valued at $88,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Enviri during the fourth quarter worth $102,000. Stoneridge Investment Partners LLC lifted its position in shares of Enviri by 20.
8% in the 4th quarter. Stoneridge Investment Partners LLC now owns 13,985 shares of the company’s stock worth $108,000 after buying an additional 2,412 shares during the last quarter. Finally, Vontobel Holding Ltd.
acquired a new position in shares of Enviri in the 4th quarter valued at about $126,000. Institutional investors and hedge funds own 93.43% of the company’s stock.
Insider Activity at Enviri In other news, SVP Russell C. Hochman bought 40,127 shares of the business’s stock in a transaction on Friday, March 14th. The stock was purchased at an average cost of $6.
27 per share, for a total transaction of $251,596.29. Following the completion of the transaction, the senior vice president now directly owns 120,357 shares of the company’s stock, valued at approximately $754,638.
39. This trade represents a 50.01 % increase in their position.
The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CFO Tom George Vadaketh purchased 40,297 shares of the firm’s stock in a transaction on Friday, March 14th. The shares were purchased at an average cost of $6.
20 per share, with a total value of $249,841.40. Following the completion of the purchase, the chief financial officer now owns 132,431 shares in the company, valued at $821,072.
20. This represents a 43.74 % increase in their position.
The disclosure for this purchase can be found here . 2.50% of the stock is owned by insiders.
Enviri Price Performance Enviri ( NYSE:NVRI – Get Free Report ) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.
09) by $0.05. The company had revenue of $558.
71 million during the quarter, compared to the consensus estimate of $578.98 million. Enviri had a negative net margin of 5.
46% and a negative return on equity of 0.90%. During the same quarter in the previous year, the company posted ($0.
07) earnings per share. As a group, sell-side analysts expect that Enviri Co. will post -0.
13 earnings per share for the current year. Enviri Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding NVRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enviri Co.
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