Robeco Institutional Asset Management B.V. acquired a new position in shares of US Ecology Inc (NASDAQ:ECOL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,516 shares of the business services provider’s stock, valued at approximately $1,071,000. Robeco Institutional Asset Management B.V. owned about 0.07% of US Ecology as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. UBS Group AG grew its holdings in US Ecology by 76.2% during the first quarter. UBS Group AG now owns 10,133 shares of the business services provider’s stock valued at $540,000 after purchasing an additional 4,381 shares during the period. Millennium Management LLC grew its holdings in US Ecology by 1,440.5% during the first quarter. Millennium Management LLC now owns 177,083 shares of the business services provider’s stock valued at $9,439,000 after purchasing an additional 165,588 shares during the period. Xact Kapitalforvaltning AB bought a new position in US Ecology during the first quarter valued at $242,000. Principal Financial Group Inc. grew its holdings in US Ecology by 2.6% during the first quarter. Principal Financial Group Inc. now owns 167,667 shares of the business services provider’s stock valued at $8,937,000 after purchasing an additional 4,171 shares during the period. Finally, Amalgamated Bank bought a new position in US Ecology during the second quarter valued at $228,000. Institutional investors own 83.51% of the company’s stock.
NASDAQ:ECOL opened at $68.62 on Wednesday. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 39.90 and a beta of 0.51. US Ecology Inc has a 1 year low of $44.50 and a 1 year high of $77.15. The company has a current ratio of 2.23, a quick ratio of 2.45 and a debt-to-equity ratio of 0.78.
US Ecology (NASDAQ:ECOL) last posted its earnings results on Thursday, November 1st. The business services provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.08. The firm had revenue of $151.42 million for the quarter, compared to the consensus estimate of $144.11 million. US Ecology had a return on equity of 15.68% and a net margin of 12.30%. The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.37 earnings per share. On average, analysts predict that US Ecology Inc will post 2.36 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, October 26th. Shareholders of record on Friday, October 19th were given a dividend of $0.18 per share. The ex-dividend date was Thursday, October 18th. This represents a $0.72 annualized dividend and a dividend yield of 1.05%. US Ecology’s dividend payout ratio is currently 41.86%.
In related news, Director Daniel Fox sold 900 shares of the stock in a transaction on Friday, August 24th. The stock was sold at an average price of $72.15, for a total value of $64,935.00. Following the sale, the director now owns 5,140 shares in the company, valued at $370,851. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Simon G. Bell sold 3,000 shares of the stock in a transaction on Monday, September 10th. The stock was sold at an average price of $75.95, for a total value of $227,850.00. Following the completion of the sale, the chief operating officer now owns 31,197 shares in the company, valued at approximately $2,369,412.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,457 shares of company stock worth $1,573,483. Company insiders own 1.60% of the company’s stock.
Several equities analysts have weighed in on the company. UBS Group increased their price objective on US Ecology from $56.00 to $61.00 and gave the company a “sell” rating in a report on Wednesday, September 5th. BMO Capital Markets dropped their target price on US Ecology from $76.00 to $74.00 and set a “market perform” rating on the stock in a research report on Tuesday. BidaskClub downgraded US Ecology from a “hold” rating to a “sell” rating in a research report on Friday, October 5th. Stifel Nicolaus increased their target price on US Ecology from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday, August 6th. Finally, Canaccord Genuity restated a “buy” rating and set a $72.00 target price (up previously from $64.00) on shares of US Ecology in a research report on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $71.00.
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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.
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