State of Alaska Department of Revenue raised its holdings in US Ecology Inc (NASDAQ:ECOL) by 13.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,219 shares of the business services provider’s stock after purchasing an additional 2,248 shares during the period. State of Alaska Department of Revenue owned about 0.09% of US Ecology worth $1,112,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the business. US Bancorp DE boosted its stake in shares of US Ecology by 20.0% in the second quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after acquiring an additional 206 shares during the last quarter. Marshall Wace LLP acquired a new position in US Ecology during the first quarter worth $77,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in US Ecology by 27.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock worth $94,000 after buying an additional 317 shares during the last quarter. First Mercantile Trust Co. boosted its stake in US Ecology by 11.6% during the third quarter. First Mercantile Trust Co. now owns 1,685 shares of the business services provider’s stock worth $108,000 after buying an additional 175 shares during the last quarter. Finally, Usca Ria LLC acquired a new position in US Ecology during the third quarter worth $128,000. 89.48% of the stock is currently owned by institutional investors.
ECOL has been the topic of a number of recent research reports. ValuEngine lowered US Ecology from a “buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Zacks Investment Research lowered US Ecology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 16th. UBS Group set a $63.00 target price on US Ecology and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, BidaskClub downgraded US Ecology from a “sell” rating to a “strong sell” rating in a research report on Friday, November 15th.
NASDAQ:ECOL opened at $54.01 on Friday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $1.19 billion, a P/E ratio of 23.79 and a beta of 0.55. US Ecology Inc has a 52 week low of $53.37 and a 52 week high of $67.24. The stock’s fifty day moving average is $55.93 and its two-hundred day moving average is $59.68.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.01. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The firm had revenue of $167.40 million for the quarter, compared to the consensus estimate of $161.25 million. During the same quarter in the previous year, the business earned $0.61 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that US Ecology Inc will post 2.16 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 17th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.72 annualized dividend and a yield of 1.33%. US Ecology’s dividend payout ratio (DPR) is 31.03%.
US Ecology Profile
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.
Further Reading: How do candlesticks reflect price movement?
Receive News & Ratings for US Ecology Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for US Ecology and related companies with MarketBeat.com’s FREE daily email newsletter.
