Barclays PLC lowered its holdings in shares of US Ecology Inc (NASDAQ:ECOL) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,760 shares of the business services provider’s stock after selling 2,384 shares during the quarter. Barclays PLC owned 0.10% of US Ecology worth $1,455,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of ECOL. US Bancorp DE raised its position in shares of US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after acquiring an additional 206 shares in the last quarter. Marshall Wace LLP acquired a new position in US Ecology during the 1st quarter valued at about $77,000. First Mercantile Trust Co. increased its position in US Ecology by 13.5% during the 2nd quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock valued at $90,000 after buying an additional 180 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in US Ecology by 27.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after buying an additional 317 shares in the last quarter. Finally, Usca Ria LLC purchased a new stake in US Ecology during the 3rd quarter valued at about $128,000. Institutional investors own 89.44% of the company’s stock.
US Ecology stock traded down $0.60 during mid-day trading on Friday, hitting $55.01. The company’s stock had a trading volume of 99,854 shares, compared to its average volume of 192,322. The firm has a market capitalization of $1.23 billion, a PE ratio of 23.71 and a beta of 0.54. The stock’s fifty day moving average is $57.98 and its two-hundred day moving average is $60.72. US Ecology Inc has a 1 year low of $53.48 and a 1 year high of $67.24. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.95.
US Ecology (NASDAQ:ECOL) last released its earnings results on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.01. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The firm had revenue of $167.40 million during the quarter, compared to analyst estimates of $161.25 million. During the same period last year, the business posted $0.61 earnings per share. US Ecology’s revenue was up 10.6% compared to the same quarter last year. On average, equities analysts expect that US Ecology Inc will post 2.2 EPS for the current fiscal year.
Several research firms have weighed in on ECOL. ValuEngine downgraded US Ecology from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st. UBS Group set a $63.00 price target on US Ecology and gave the stock a “hold” rating in a report on Friday, November 1st. Zacks Investment Research cut US Ecology from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th. Finally, BidaskClub cut US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th.
US Ecology 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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