Bailard Inc. lowered its position in shares of Ecolab Inc. (NYSE:ECL) by 14.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,951 shares of the basic materials company’s stock after selling 806 shares during the period. Bailard Inc.’s holdings in Ecolab were worth $664,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia Trust Co. acquired a new stake in shares of Ecolab during the third quarter worth approximately $257,000. TT International grew its position in shares of Ecolab by 52.2% during the third quarter. TT International now owns 73,369 shares of the basic materials company’s stock worth $9,435,000 after buying an additional 25,169 shares in the last quarter. Vident Investment Advisory LLC acquired a new stake in shares of Ecolab during the third quarter worth approximately $412,000. Pensionfund DSM Netherlands acquired a new stake in shares of Ecolab during the fourth quarter worth approximately $3,489,000. Finally, Markel Corp grew its position in shares of Ecolab by 4.6% during the third quarter. Markel Corp now owns 228,800 shares of the basic materials company’s stock worth $29,426,000 after buying an additional 10,000 shares in the last quarter. Institutional investors own 76.52% of the company’s stock.
In other news, SVP Bruno Lavandier sold 347 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $134.77, for a total transaction of $46,765.19. Following the completion of the transaction, the senior vice president now owns 7,615 shares of the company’s stock, valued at $1,026,273.55. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Daniel J. Schmechel sold 1,708 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $136.30, for a total transaction of $232,800.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 57,446 shares of company stock valued at $7,886,307. Corporate insiders own 1.49% of the company’s stock.
Ecolab Inc. (ECL) opened at $131.49 on Friday. Ecolab Inc. has a 1-year low of $121.50 and a 1-year high of $140.50. The stock has a market cap of $37,990.00, a price-to-earnings ratio of 29.61, a PEG ratio of 1.92 and a beta of 1.06. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.
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Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.
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