US Ecology Inc (ECOL) Position Lifted by Swiss National Bank
Swiss National Bank increased its stake in US Ecology Inc (NASDAQ:ECOL) by 7.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,300 shares of the business services provider’s stock after buying an additional 2,500 shares during the period. Swiss National Bank’s holdings in US Ecology were worth $1,953,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Fenimore Asset Management Inc. increased its stake in US Ecology by 5.5% in the 4th quarter. Fenimore Asset Management Inc. now owns 428,331 shares of the business services provider’s stock worth $21,845,000 after buying an additional 22,364 shares during the period. California Public Employees Retirement System increased its stake in US Ecology by 1.3% in the 4th quarter. California Public Employees Retirement System now owns 93,889 shares of the business services provider’s stock worth $4,788,000 after buying an additional 1,199 shares during the period. Teacher Retirement System of Texas purchased a new position in US Ecology in the 4th quarter worth about $382,000. WCM Investment Management CA increased its stake in US Ecology by 500.2% in the 4th quarter. WCM Investment Management CA now owns 47,127 shares of the business services provider’s stock worth $2,403,000 after buying an additional 39,275 shares during the period. Finally, US Bancorp DE increased its position in US Ecology by 25.9% during the 4th quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock valued at $256,000 after purchasing an additional 1,033 shares during the period. 85.48% of the stock is currently owned by institutional investors.
In other news, Director Stephen A. Romano sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $58.95, for a total value of $176,850.00. Following the sale, the director now directly owns 25,395 shares in the company, valued at approximately $1,497,035.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey R. Feeler sold 25,000 shares of the firm’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $54.59, for a total transaction of $1,364,750.00. Following the completion of the sale, the chief executive officer now owns 79,127 shares in the company, valued at $4,319,542.93. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.
US Ecology Inc (NASDAQ ECOL) opened at $56.20 on Friday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.85. The company has a market cap of $1,229.38, a PE ratio of 32.87 and a beta of 0.69. US Ecology Inc has a 12-month low of $44.50 and a 12-month high of $59.70.
US Ecology (NASDAQ:ECOL) last posted its earnings results on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.11. The business had revenue of $133.70 million for the quarter, compared to the consensus estimate of $132.09 million. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. equities research analysts expect that US Ecology Inc will post 2.21 earnings per share for the current fiscal year.
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About US Ecology
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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