Louisiana State Employees Retirement System grew its position in shares of US Ecology Inc (NASDAQ:ECOL) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,700 shares of the business services provider’s stock after buying an additional 500 shares during the quarter. Louisiana State Employees Retirement System’s holdings in US Ecology were worth $504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. First Mercantile Trust Co. increased its position in US Ecology by 11.6% in the 3rd 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 period. US Bancorp DE increased its position in US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after buying an additional 206 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in US Ecology by 27.4% in the 3rd 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 period. California State Teachers Retirement System increased its position in US Ecology by 1.2% in the 3rd quarter. California State Teachers Retirement System now owns 34,380 shares of the business services provider’s stock worth $2,198,000 after buying an additional 411 shares during the period. Finally, 6 Meridian increased its position in shares of US Ecology by 5.1% during the fourth quarter. 6 Meridian now owns 9,171 shares of the business services provider’s stock valued at $531,000 after purchasing an additional 446 shares during the period. Institutional investors and hedge funds own 90.28% of the company’s stock.
US Ecology stock traded down $2.10 on Friday, reaching $51.87. The company’s stock had a trading volume of 206,946 shares, compared to its average volume of 128,800. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03. US Ecology Inc has a twelve month low of $51.26 and a twelve month high of $67.24. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 22.85 and a beta of 0.59. The business’s fifty day moving average price is $55.65 and its 200 day moving average price is $59.41.
The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 17th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Thursday, January 16th. US Ecology’s dividend payout ratio (DPR) is presently 31.03%.
A number of analysts have recently issued reports on the company. ValuEngine cut US Ecology from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. UBS Group set a $63.00 price target on US Ecology and gave the company a “hold” rating in a research note on Friday, November 1st. BidaskClub lowered US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. Finally, Zacks Investment Research lowered US Ecology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 16th.
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.
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