California State Teachers Retirement System lifted its stake in shares of US Ecology Inc (NASDAQ:ECOL) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,380 shares of the business services provider’s stock after buying an additional 411 shares during the period. California State Teachers Retirement System owned about 0.16% of US Ecology worth $2,198,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Swiss National Bank increased its holdings in shares of US Ecology by 2.0% during the second quarter. Swiss National Bank now owns 41,000 shares of the business services provider’s stock worth $2,441,000 after buying an additional 800 shares in the last quarter. GW&K Investment Management LLC increased its holdings in shares of 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 buying an additional 36,751 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of US Ecology by 128.6% during the third quarter. Voya Investment Management LLC now owns 415,866 shares of the business services provider’s stock worth $26,591,000 after buying an additional 233,941 shares in the last quarter. Silvercrest Asset Management Group LLC increased its holdings in shares of US Ecology by 8.8% during the second quarter. Silvercrest Asset Management Group LLC now owns 1,305,988 shares of the business services provider’s stock worth $77,759,000 after buying an additional 106,107 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its holdings in shares of US Ecology by 13.4% during the second quarter. UBS Asset Management Americas Inc. now owns 10,887 shares of the business services provider’s stock worth $648,000 after buying an additional 1,288 shares in the last quarter. Institutional investors own 89.44% of the company’s stock.
Several research analysts have recently issued reports on the stock. ValuEngine downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a report on Thursday, November 21st. BidaskClub downgraded shares of US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th. UBS Group set a $63.00 price target on shares of US Ecology and gave the stock a “hold” rating in a report on Friday, November 1st. Finally, Zacks Investment Research downgraded shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th.
NASDAQ ECOL opened at $55.01 on Friday. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 25.17 and a beta of 0.54. US Ecology Inc has a twelve month low of $53.48 and a twelve month high of $67.24. The stock has a fifty day simple moving average of $57.98 and a 200 day simple moving average of $60.72. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.01. The business had revenue of $167.40 million during the quarter, compared to the consensus estimate of $161.25 million. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. US Ecology’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 earnings per share. Research analysts expect that US Ecology Inc will post 2.2 earnings per share for the current fiscal year.
About US Ecology
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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