Schwab Charles Investment Management Inc. boosted its position in shares of US Ecology Inc (NASDAQ:ECOL) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,350 shares of the business services provider’s stock after acquiring an additional 4,806 shares during the period. Schwab Charles Investment Management Inc. owned 0.44% of US Ecology worth $5,130,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Flinton Capital Management LLC increased its position in US Ecology by 54.3% in the second quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock worth $100,000 after purchasing an additional 700 shares during the last quarter. Vestor Capital LLC purchased a new position in US Ecology during the second quarter worth $116,000. Pinebridge Investments L.P. boosted its stake in US Ecology by 1.1% during the second quarter. Pinebridge Investments L.P. now owns 2,875 shares of the business services provider’s stock worth $145,000 after buying an additional 32 shares during the period. Victory Capital Management Inc. boosted its stake in shares of US Ecology by 17.6% during the second quarter. Victory Capital Management Inc. now owns 3,267 shares of the business services provider’s stock valued at $165,000 after purchasing an additional 488 shares during the period. Finally, YorkBridge Wealth Partners LLC purchased a new stake in shares of US Ecology during the third quarter valued at $215,000. Hedge funds and other institutional investors own 87.32% of the company’s stock.
US Ecology Inc (ECOL) traded down $0.75 on Thursday, hitting $51.50. 52,718 shares of the stock traded hands, compared to its average volume of 88,074. US Ecology Inc has a 12-month low of $44.50 and a 12-month high of $55.75. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $1,128.51, a P/E ratio of 38.54 and a beta of 0.71.
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 19th were issued a dividend of $0.18 per share. The ex-dividend date was Thursday, January 18th. This represents a $0.72 annualized dividend and a dividend yield of 1.40%. US Ecology’s dividend payout ratio (DPR) is currently 60.00%.
In other news, CEO Jeffrey R. Feeler sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $50.56, for a total transaction of $151,680.00. Following the transaction, the chief executive officer now owns 54,925 shares in the company, valued at $2,777,008. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.
A number of analysts have recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and set a $60.00 target price on shares of US Ecology in a research note on Friday, October 6th. BMO Capital Markets reissued a “hold” rating and set a $52.00 target price on shares of US Ecology in a research note on Wednesday, January 24th. Zacks Investment Research upgraded US Ecology from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a report on Monday, January 8th. BidaskClub downgraded US Ecology from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Finally, Canaccord Genuity restated a “buy” rating and issued a $57.00 price objective (down from $60.00) on shares of US Ecology in a report on Monday, October 30th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $53.80.
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US Ecology 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.
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