Schwab Charles Investment Management Inc. lifted its stake in shares of US Ecology, Inc. (NASDAQ:ECOL) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,544 shares of the business services provider’s stock after purchasing an additional 750 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.42% of US Ecology worth $4,573,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Arizona State Retirement System raised its stake in shares of US Ecology by 0.9% during the first quarter. Arizona State Retirement System now owns 11,346 shares of the business services provider’s stock worth $532,000 after purchasing an additional 100 shares during the last quarter. Texas Permanent School Fund raised its stake in shares of US Ecology by 0.9% during the second quarter. Texas Permanent School Fund now owns 15,933 shares of the business services provider’s stock worth $805,000 after purchasing an additional 149 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of US Ecology by 0.6% during the first quarter. Prudential Financial Inc. now owns 37,848 shares of the business services provider’s stock worth $1,773,000 after purchasing an additional 230 shares during the last quarter. Mason Street Advisors LLC raised its stake in shares of US Ecology by 7.1% during the first quarter. Mason Street Advisors LLC now owns 5,097 shares of the business services provider’s stock worth $239,000 after purchasing an additional 338 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of US Ecology by 1.0% during the first quarter. Legal & General Group Plc now owns 38,861 shares of the business services provider’s stock worth $1,819,000 after purchasing an additional 372 shares during the last quarter. Institutional investors and hedge funds own 85.63% of the company’s stock.

In related news, CFO Eric L. Gerratt sold 19,936 shares of US Ecology stock in a transaction on Friday, August 25th. The stock was sold at an average price of $46.80, for a total value of $933,004.80. Following the transaction, the chief financial officer now directly owns 31,447 shares in the company, valued at approximately $1,471,719.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen A. Romano sold 3,000 shares of US Ecology stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $52.05, for a total value of $156,150.00. Following the completion of the transaction, the director now owns 28,395 shares in the company, valued at $1,477,959.75. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

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US Ecology, Inc. (NASDAQ ECOL) opened at 53.05 on Monday. The company’s 50-day moving average price is $51.85 and its 200-day moving average price is $50.37. US Ecology, Inc. has a one year low of $38.00 and a one year high of $55.75. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 41.48 and a beta of 0.66.

US Ecology (NASDAQ:ECOL) last issued its earnings results on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.38. The business had revenue of $126.06 million for the quarter, compared to analysts’ expectations of $128.38 million. US Ecology had a return on equity of 11.37% and a net margin of 5.86%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS. On average, analysts anticipate that US Ecology, Inc. will post $1.77 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 20th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Thursday, October 19th. US Ecology’s payout ratio is 56.25%.

A number of research analysts recently weighed in on ECOL shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 price objective on shares of US Ecology in a report on Sunday, July 30th. BidaskClub raised US Ecology from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Canaccord Genuity reaffirmed a “buy” rating and set a $60.00 price objective on shares of US Ecology in a report on Friday, September 8th. BMO Capital Markets started coverage on US Ecology in a report on Thursday, June 29th. They set a “market perform” rating and a $54.00 price objective on the stock. Finally, Zacks Investment Research lowered US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $53.75.

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.

Institutional Ownership by Quarter for US Ecology (NASDAQ:ECOL)

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