Teacher Retirement System of Texas acquired a new stake in US Ecology Inc (NASDAQ:ECOL) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,494 shares of the business services provider’s stock, valued at approximately $382,000.
Several other large investors also recently added to or reduced their stakes in ECOL. US Bancorp DE increased its stake in shares of US Ecology by 25.9% in the 4th quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock valued at $256,000 after acquiring an additional 1,033 shares in the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of US Ecology in the 3rd quarter valued at $437,000. Municipal Employees Retirement System of Michigan increased its stake in shares of US Ecology by 59.0% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 8,190 shares of the business services provider’s stock valued at $441,000 after acquiring an additional 3,040 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in US Ecology by 68.3% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,154 shares of the business services provider’s stock valued at $600,000 after purchasing an additional 4,527 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its stake in US Ecology by 29.5% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 17,322 shares of the business services provider’s stock valued at $875,000 after purchasing an additional 3,951 shares in the last quarter. Institutional investors own 86.32% of the company’s stock.
Shares of US Ecology stock opened at $55.15 on Monday. The company has a market cap of $1,206.43, a price-to-earnings ratio of 24.51 and a beta of 0.69. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.23 and a current ratio of 2.23. US Ecology Inc has a one year low of $44.50 and a one year high of $59.70.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.11. The business had revenue of $133.70 million during the quarter, compared to analyst estimates of $132.09 million. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. US Ecology’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 EPS. equities research analysts forecast that US Ecology Inc will post 2.21 earnings per share for the current fiscal year.
A number of analysts have commented on the stock. BidaskClub lowered shares of US Ecology from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. BMO Capital Markets boosted their price target on shares of US Ecology from $52.00 to $56.00 and gave the company a “market perform” rating in a research note on Friday, February 16th. Canaccord Genuity restated a “buy” rating and set a $64.00 price target on shares of US Ecology in a research note on Friday, February 16th. UBS assumed coverage on shares of US Ecology in a research note on Wednesday, March 14th. They set a “sell” rating and a $55.00 price target for the company. Finally, Zacks Investment Research upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a research note on Monday, January 1st. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $58.80.
In other US Ecology news, EVP Steven D. Welling sold 3,742 shares of US Ecology stock in a transaction on Friday, March 9th. The shares were sold at an average price of $55.65, for a total transaction of $208,242.30. Following the transaction, the executive vice president now directly owns 26,732 shares of the company’s stock, valued at approximately $1,487,635.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Simon G. Bell sold 4,000 shares of US Ecology stock in a transaction on Monday, March 12th. The stock was sold at an average price of $55.70, for a total transaction of $222,800.00. Following the transaction, the chief operating officer now directly owns 35,115 shares in the company, valued at $1,955,905.50. The disclosure for this sale can be found here. Insiders have sold a total of 35,742 shares of company stock worth $1,972,642 over the last ninety days. Insiders own 1.50% of the company’s stock.
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US Ecology Company Profile
US Ecology, Inc is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a range of field and industrial services. The Company operates in two business segments: Environmental Services, and Field & Industrial Services.
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