Voya Investment Management LLC grew its holdings in shares of US Ecology Inc (NASDAQ:ECOL) by 128.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 415,866 shares of the business services provider’s stock after buying an additional 233,941 shares during the quarter. Voya Investment Management LLC owned 1.88% of US Ecology worth $26,591,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Swiss National Bank boosted its holdings in US Ecology by 2.0% during the 2nd quarter. Swiss National Bank now owns 41,000 shares of the business services provider’s stock worth $2,441,000 after acquiring an additional 800 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in US Ecology by 8.2% during the third quarter. GW&K Investment Management LLC now owns 483,020 shares of the business services provider’s stock worth $30,884,000 after purchasing an additional 36,751 shares during the last quarter. Moody Aldrich Partners LLC boosted its holdings in US Ecology by 32.5% during the second quarter. Moody Aldrich Partners LLC now owns 97,769 shares of the business services provider’s stock worth $5,821,000 after purchasing an additional 23,971 shares during the last quarter. Silvercrest Asset Management Group LLC grew its position in US Ecology by 8.8% in the 2nd quarter. Silvercrest Asset Management Group LLC now owns 1,305,988 shares of the business services provider’s stock worth $77,759,000 after purchasing an additional 106,107 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its position in US Ecology by 13.4% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 10,887 shares of the business services provider’s stock worth $648,000 after purchasing an additional 1,288 shares in the last quarter. Hedge funds and other institutional investors own 89.44% of the company’s stock.
A number of equities analysts have recently weighed in on the company. BidaskClub downgraded US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. Zacks Investment Research downgraded US Ecology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th. UBS Group set a $63.00 target price on US Ecology and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, ValuEngine lowered US Ecology from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st.
Shares of ECOL stock traded down $0.03 during trading hours on Friday, hitting $56.13. 310,532 shares of the company were exchanged, compared to its average volume of 122,261. US Ecology Inc has a 52-week low of $53.48 and a 52-week high of $67.27. 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 firm has a fifty day simple moving average of $59.21 and a 200 day simple moving average of $60.80. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 24.19 and a beta of 0.54.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, beating the 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 business had revenue of $167.40 million during the quarter, compared to analyst estimates of $161.25 million. During the same period in the prior year, the company earned $0.61 earnings per share. US Ecology’s revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that US Ecology Inc will post 2.2 EPS for the current year.
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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