Ecovyst Inc. (NYSE:ECVT) Shares Purchased by Cove Street Capital LLC

Cove Street Capital LLC lifted its position in shares of Ecovyst Inc. (NYSE:ECVTFree Report) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,971,344 shares of the company’s stock after purchasing an additional 122,409 shares during the period. Ecovyst comprises approximately 6.5% of Cove Street Capital LLC’s portfolio, making the stock its 2nd largest position. Cove Street Capital LLC owned approximately 1.70% of Ecovyst worth $19,280,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ECVT. Deutsche Bank AG raised its stake in Ecovyst by 15.1% during the 3rd quarter. Deutsche Bank AG now owns 43,778 shares of the company’s stock worth $431,000 after acquiring an additional 5,729 shares in the last quarter. UBS Group AG raised its stake in Ecovyst by 279.1% during the 3rd quarter. UBS Group AG now owns 67,542 shares of the company’s stock worth $665,000 after acquiring an additional 49,724 shares in the last quarter. Pathstone Family Office LLC acquired a new stake in Ecovyst during the 3rd quarter worth $499,000. Charles Schwab Investment Management Inc. raised its stake in Ecovyst by 19.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,410,689 shares of the company’s stock worth $13,881,000 after acquiring an additional 231,294 shares in the last quarter. Finally, Swiss National Bank raised its stake in Ecovyst by 1.0% during the 3rd quarter. Swiss National Bank now owns 229,900 shares of the company’s stock worth $2,262,000 after acquiring an additional 2,300 shares in the last quarter. 95.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of Ecovyst from a “b-” rating to a “c+” rating in a research note on Friday, October 27th.

Get Our Latest Report on ECVT

Ecovyst Stock Performance

Shares of Ecovyst stock traded up $0.22 on Monday, reaching $9.68. 456,494 shares of the stock were exchanged, compared to its average volume of 589,788. Ecovyst Inc. has a 1-year low of $8.26 and a 1-year high of $12.35. The company has a current ratio of 2.03, a quick ratio of 1.55 and a debt-to-equity ratio of 1.27. The business has a fifty day moving average price of $9.46 and a two-hundred day moving average price of $9.71. The firm has a market capitalization of $1.12 billion, a PE ratio of 17.20, a PEG ratio of 0.64 and a beta of 1.00.

Ecovyst Profile

(Free Report)

Ecovyst Inc offers specialty catalysts and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates in two segments, Ecoservices and Catalyst Technologies. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.

Further Reading

Institutional Ownership by Quarter for Ecovyst (NYSE:ECVT)

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