Barclays PLC raised its holdings in shares of US Ecology Inc (NASDAQ:ECOL) by 131.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,140 shares of the business services provider’s stock after buying an additional 4,617 shares during the period. Barclays PLC’s holdings in US Ecology were worth $434,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Elkfork Partners LLC acquired a new position in US Ecology during the fourth quarter valued at approximately $119,000. Citigroup Inc. lifted its position in US Ecology by 77.0% during the first quarter. Citigroup Inc. now owns 3,605 shares of the business services provider’s stock valued at $192,000 after buying an additional 1,568 shares in the last quarter. Jefferies Group LLC acquired a new position in US Ecology during the fourth quarter valued at approximately $240,000. FDx Advisors Inc. acquired a new position in shares of US Ecology during the fourth quarter worth $244,000. Finally, River Wealth Advisors LLC acquired a new position in shares of US Ecology during the first quarter worth $261,000. 83.62% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ ECOL opened at $64.90 on Tuesday. US Ecology Inc has a 52 week low of $44.50 and a 52 week high of $64.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.59 and a current ratio of 2.59. The firm has a market cap of $1.40 billion, a PE ratio of 37.73 and a beta of 0.69.
US Ecology (NASDAQ:ECOL) last posted its earnings results on Thursday, May 3rd. The business services provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). US Ecology had a return on equity of 13.08% and a net margin of 10.40%. The firm had revenue of $120.06 million for the quarter, compared to analyst estimates of $114.75 million. During the same period in the previous year, the firm posted $0.24 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. equities research analysts anticipate that US Ecology Inc will post 2.21 earnings per share for the current year.
A number of research firms have recently commented on ECOL. BidaskClub raised shares of US Ecology from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Investment Research raised shares of US Ecology from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Monday, June 25th. ValuEngine cut shares of US Ecology from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, UBS Group began coverage on shares of US Ecology in a research report on Wednesday, March 14th. They set a “sell” rating and a $55.00 target price on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $61.00.
In related news, Director Daniel Fox sold 1,500 shares of US Ecology stock in a transaction on Wednesday, May 9th. The shares were sold at an average price of $59.00, for a total value of $88,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven D. Welling sold 8,240 shares of US Ecology stock in a transaction on Tuesday, May 8th. The stock was sold at an average price of $57.09, for a total transaction of $470,421.60. Following the completion of the sale, the executive vice president now owns 28,971 shares of the company’s stock, valued at approximately $1,653,954.39. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,804 shares of company stock valued at $1,713,631. Insiders own 1.60% of the company’s stock.
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 in 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 and non-hazardous waste at its landfill, wastewater, and other treatment facilities.
Want to see what other hedge funds are holding ECOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Ecology Inc (NASDAQ:ECOL).
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.