Rhumbline Advisers grew its holdings in US Ecology Inc (NASDAQ:ECOL) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 67,851 shares of the business services provider’s stock after acquiring an additional 1,177 shares during the quarter. Rhumbline Advisers owned 0.31% of US Ecology worth $4,338,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. First Mercantile Trust Co. raised its stake in US Ecology by 13.5% in the second quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock valued at $90,000 after purchasing an additional 180 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in US Ecology by 2.3% in the second quarter. Oregon Public Employees Retirement Fund now owns 8,736 shares of the business services provider’s stock valued at $520,000 after purchasing an additional 200 shares in the last quarter. US Bancorp DE raised its stake in US Ecology by 20.0% in the second quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after purchasing an additional 206 shares in the last quarter. Arizona State Retirement System raised its stake in US Ecology by 0.6% in the second quarter. Arizona State Retirement System now owns 34,265 shares of the business services provider’s stock valued at $2,040,000 after purchasing an additional 219 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in US Ecology by 27.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after purchasing an additional 317 shares in the last quarter. 89.44% of the stock is owned by institutional investors.
NASDAQ ECOL traded down $0.09 during trading on Friday, hitting $54.99. 36,088 shares of the company’s stock were exchanged, compared to its average volume of 186,634. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.95. The company has a market cap of $1.22 billion, a PE ratio of 23.70 and a beta of 0.53. US Ecology Inc has a fifty-two week low of $53.48 and a fifty-two week high of $70.48. The stock’s 50 day moving average price is $60.27 and its two-hundred day moving average price is $60.87.
US Ecology (NASDAQ:ECOL) last issued its earnings results on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.01. The firm had revenue of $167.40 million during the quarter, compared to the consensus estimate of $161.25 million. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The business’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 earnings per share. Analysts forecast that US Ecology Inc will post 2.2 earnings per share for the current fiscal year.
ECOL has been the subject of a number of analyst reports. BidaskClub downgraded US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. ValuEngine downgraded US Ecology from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st. Zacks Investment Research downgraded US Ecology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th. Finally, UBS Group set a $63.00 price target on US Ecology and gave the company a “hold” rating in a research note on Friday, November 1st.
US Ecology Company Profile
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
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