New York State Teachers Retirement System reduced its stake in US Ecology, Inc. (NASDAQ:ECOL) by 7.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,568 shares of the business services provider’s stock after selling 900 shares during the period. New York State Teachers Retirement System’s holdings in US Ecology were worth $440,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Marshall Wace LLP purchased a new position in shares of US Ecology in the 1st quarter worth $77,000. Brinker Capital Investments LLC purchased a new stake in US Ecology in the 3rd quarter valued at about $231,000. Nisa Investment Advisors LLC boosted its position in US Ecology by 63.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,800 shares of the business services provider’s stock valued at $65,000 after buying an additional 700 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of US Ecology in the 4th quarter valued at about $35,000. Finally, Victory Capital Management Inc. raised its holdings in shares of US Ecology by 28.4% in the 4th quarter. Victory Capital Management Inc. now owns 1,404,448 shares of the business services provider’s stock valued at $51,024,000 after purchasing an additional 310,485 shares in the last quarter. Institutional investors own 86.47% of the company’s stock.
ECOL stock opened at $40.41 on Thursday. The firm’s fifty day simple moving average is $42.28 and its 200-day simple moving average is $38.21. The company has a market capitalization of $1.27 billion, a P/E ratio of -4.20 and a beta of 1.20. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.38 and a quick ratio of 2.38. US Ecology, Inc. has a 12 month low of $26.69 and a 12 month high of $45.72.
Several research analysts recently commented on ECOL shares. TheStreet upgraded shares of US Ecology from a “d+” rating to a “c” rating in a research note on Friday, April 30th. Zacks Investment Research lowered shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Friday, April 30th.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, internationally. It operates through three segments: Waste Solutions, Field Services, and Energy Waste. The Waste Solutions segment offers specialty waste management services, including treatment, disposal, beneficial re-use, and recycling of hazardous, non-hazardous, and other specialty waste at company-owned treatment, storage, and disposal facilities, as well as wastewater treatment services.
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