California Public Employees Retirement System increased its holdings in shares of US Ecology Inc (NASDAQ:ECOL) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 62,156 shares of the business services provider’s stock after acquiring an additional 380 shares during the quarter. California Public Employees Retirement System owned about 0.28% of US Ecology worth $3,599,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in the stock. EagleClaw Capital Managment LLC increased its position in US Ecology by 14.5% during the fourth quarter. EagleClaw Capital Managment LLC now owns 24,025 shares of the business services provider’s stock worth $1,389,000 after acquiring an additional 3,050 shares during the period. New York State Teachers Retirement System increased its position in US Ecology by 2.0% during the fourth quarter. New York State Teachers Retirement System now owns 9,974 shares of the business services provider’s stock worth $578,000 after acquiring an additional 194 shares during the period. Zazove Associates LLC bought a new position in US Ecology during the fourth quarter worth about $11,283,000. CENTRAL TRUST Co bought a new position in US Ecology during the fourth quarter worth about $87,000. Finally, Louisiana State Employees Retirement System increased its position in US Ecology by 6.1% during the fourth quarter. Louisiana State Employees Retirement System now owns 8,700 shares of the business services provider’s stock worth $504,000 after acquiring an additional 500 shares during the period. 92.01% of the stock is currently owned by institutional investors and hedge funds.
ECOL stock opened at $49.78 on Tuesday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95. US Ecology Inc has a 12 month low of $49.71 and a 12 month high of $67.24. The firm has a market cap of $1.10 billion, a P/E ratio of 21.83 and a beta of 0.59. The company’s 50-day moving average price is $54.39 and its two-hundred day moving average price is $58.83.
The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 17th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Thursday, January 16th. US Ecology’s dividend payout ratio is currently 31.03%.
Several research firms have commented on ECOL. Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Thursday, January 16th. UBS Group set a $63.00 target price on shares of US Ecology and gave the company a “hold” rating in a report on Friday, November 1st. BidaskClub lowered shares of US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th. Finally, ValuEngine lowered shares of US Ecology from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th.
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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