Teacher Retirement System of Texas Takes $382,000 Position in US Ecology Inc (ECOL)

Teacher Retirement System of Texas acquired a new position in shares of US Ecology Inc (NASDAQ:ECOL) during the fourth quarter, Holdings Channel reports. The fund acquired 7,494 shares of the business services provider’s stock, valued at approximately $382,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. US Bancorp DE boosted its holdings in US Ecology by 25.9% during the 4th quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock worth $256,000 after acquiring an additional 1,033 shares during the last quarter. Rhumbline Advisers boosted its holdings in US Ecology by 2.4% during the 3rd quarter. Rhumbline Advisers now owns 45,239 shares of the business services provider’s stock worth $2,434,000 after acquiring an additional 1,055 shares during the last quarter. California Public Employees Retirement System boosted its holdings in US Ecology by 1.7% during the 3rd quarter. California Public Employees Retirement System now owns 92,690 shares of the business services provider’s stock worth $4,987,000 after acquiring an additional 1,590 shares during the last quarter. Congress Asset Management Co. MA boosted its holdings in US Ecology by 11.9% during the 4th quarter. Congress Asset Management Co. MA now owns 24,877 shares of the business services provider’s stock worth $1,269,000 after acquiring an additional 2,653 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in US Ecology by 59.0% during 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 acquiring an additional 3,040 shares during the last quarter. 86.32% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, CEO Jeffrey R. Feeler sold 25,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen A. Romano sold 3,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $58.95, for a total value of $176,850.00. Following the completion of the sale, the director now owns 25,395 shares in the company, valued at $1,497,035.25. 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 three months. 1.50% of the stock is owned by insiders.

ECOL has been the topic of a number of analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a $64.00 price objective on shares of US Ecology in a report on Friday, February 16th. UBS began coverage on shares of US Ecology in a report on Wednesday, March 14th. They issued a “sell” rating and a $55.00 price target on the stock. BidaskClub downgraded shares of US Ecology from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BMO Capital Markets boosted their price target on shares of US Ecology from $52.00 to $56.00 and gave the stock a “market perform” rating in a report on Friday, February 16th. Finally, Zacks Investment Research raised shares of US Ecology from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Monday, January 8th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. US Ecology currently has a consensus rating of “Hold” and an average target price of $58.80.

US Ecology stock opened at $55.15 on Monday. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.85. The firm has a market cap of $1,206.43, a PE ratio of 24.51 and a beta of 0.69. US Ecology Inc has a fifty-two week low of $44.50 and a fifty-two week high of $59.70.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.11. The company had revenue of $133.70 million for the quarter, compared to the consensus estimate of $132.09 million. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. analysts predict that US Ecology Inc will post 2.21 earnings per share for the current fiscal year.

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US Ecology 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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Institutional Ownership by Quarter for US Ecology (NASDAQ:ECOL)

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