US Ecology, Inc. (ECOL) Holdings Maintained by Swiss National Bank
Swiss National Bank continued to hold its position in US Ecology, Inc. (NASDAQ:ECOL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,800 shares of the business services provider’s stock at the close of the second quarter. Swiss National Bank owned 0.16% of US Ecology worth $1,808,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of ECOL. Great West Life Assurance Co. Can boosted its holdings in shares of US Ecology by 5.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 29,440 shares of the business services provider’s stock worth $1,378,000 after purchasing an additional 1,635 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of US Ecology by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 311,480 shares of the business services provider’s stock worth $14,593,000 after purchasing an additional 8,949 shares in the last quarter. Comerica Bank boosted its holdings in shares of US Ecology by 3.5% in the 1st quarter. Comerica Bank now owns 24,232 shares of the business services provider’s stock worth $1,174,000 after purchasing an additional 818 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of US Ecology in the 1st quarter worth about $256,000. Finally, State of Tennessee Treasury Department boosted its holdings in shares of US Ecology by 17.8% in the 1st quarter. State of Tennessee Treasury Department now owns 20,504 shares of the business services provider’s stock worth $961,000 after purchasing an additional 3,094 shares in the last quarter. Hedge funds and other institutional investors own 85.63% of the company’s stock.
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In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of US Ecology stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $52.05, for a total value of $156,150.00. Following the transaction, the director now directly owns 28,395 shares of the company’s stock, valued at $1,477,959.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Katina Dorton purchased 600 shares of the business’s stock in a transaction on Friday, August 25th. The stock was purchased at an average cost of $47.16 per share, for a total transaction of $28,296.00. Following the completion of the acquisition, the director now directly owns 3,970 shares of the company’s stock, valued at approximately $187,225.20. The disclosure for this purchase can be found here. 1.30% of the stock is currently owned by insiders.
A number of research firms have recently weighed in on ECOL. Stifel Nicolaus reissued a “buy” rating and issued a $60.00 target price on shares of US Ecology in a research note on Friday. BidaskClub raised US Ecology from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research lowered US Ecology from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. BMO Capital Markets assumed coverage on US Ecology in a research report on Thursday, June 29th. They issued a “market perform” rating and a $54.00 target price for the company. Finally, Canaccord Genuity reissued a “buy” rating and issued a $60.00 target price on shares of US Ecology in a research report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $53.75.
Shares of US Ecology, Inc. (NASDAQ:ECOL) opened at 53.80 on Friday. The company has a 50 day moving average price of $50.85 and a 200 day moving average price of $50.10. The stock has a market cap of $1.17 billion, a P/E ratio of 42.06 and a beta of 0.66. US Ecology, Inc. has a 1-year low of $38.00 and a 1-year high of $55.75.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.38 EPS for the quarter, hitting analysts’ consensus estimates of $0.38. The company had revenue of $126.06 million during the quarter, compared to the consensus estimate of $128.38 million. US Ecology had a net margin of 5.86% and a return on equity of 11.37%. US Ecology’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. On average, equities analysts anticipate that US Ecology, Inc. will post $1.77 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, October 20th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Thursday, October 19th. US Ecology’s dividend payout ratio is currently 56.25%.
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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