Clearbridge Investments LLC increased its stake in US Ecology Inc (NASDAQ:ECOL) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 991,480 shares of the business services provider’s stock after buying an additional 6,716 shares during the period. Clearbridge Investments LLC’s holdings in US Ecology were worth $50,565,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan increased its stake in US Ecology by 59.0% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 8,190 shares of the business services provider’s stock worth $441,000 after buying an additional 3,040 shares during the period. Atlanta Capital Management Co. L L C increased its stake in US Ecology by 41.4% in the 4th quarter. Atlanta Capital Management Co. L L C now owns 422,195 shares of the business services provider’s stock worth $21,532,000 after buying an additional 123,674 shares during the period. Swiss National Bank increased its stake in US Ecology by 7.0% in the 4th quarter. Swiss National Bank now owns 38,300 shares of the business services provider’s stock worth $1,953,000 after buying an additional 2,500 shares during the period. BNP Paribas Arbitrage SA increased its stake in US Ecology by 68.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,154 shares of the business services provider’s stock worth $600,000 after buying an additional 4,527 shares during the period. Finally, Wells Fargo & Company MN increased its stake in US Ecology by 28.2% in the 3rd quarter. Wells Fargo & Company MN now owns 58,500 shares of the business services provider’s stock worth $3,148,000 after buying an additional 12,879 shares during the period. 86.32% of the stock is currently owned by institutional investors.
In other news, CEO Jeffrey R. Feeler sold 25,000 shares of the firm’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $54.59, for a total value of $1,364,750.00. Following the sale, the chief executive officer now directly owns 79,127 shares in the company, valued at approximately $4,319,542.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Steven D. Welling sold 3,742 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $55.65, for a total transaction of $208,242.30. Following the completion of the sale, the executive vice president now owns 26,732 shares in the company, valued at $1,487,635.80. The disclosure for this sale can be found here. Insiders sold a total of 35,742 shares of company stock worth $1,972,642 over the last 90 days. Company insiders own 1.50% of the company’s stock.
US Ecology Inc (NASDAQ ECOL) opened at $55.50 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.85. US Ecology Inc has a 1-year low of $44.50 and a 1-year high of $59.70. The stock has a market cap of $1,223.93, a PE ratio of 24.67 and a beta of 0.69.
US Ecology (NASDAQ:ECOL) last issued its earnings results on Thursday, February 15th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.11. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The company had revenue of $133.70 million for the quarter, compared to analysts’ expectations of $132.09 million. During the same period in the prior year, the business earned $0.36 EPS. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. equities analysts anticipate that US Ecology Inc will post 2.21 earnings per share for the current year.
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US Ecology Company Profile
US Ecology, Inc is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a range of field and industrial services. The Company operates in two business segments: Environmental Services, and Field & Industrial Services.
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