Janney Montgomery Scott LLC acquired a new position in shares of US Ecology Inc (NASDAQ:ECOL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,793 shares of the business services provider’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ECOL. Acadian Asset Management LLC purchased a new stake in shares of US Ecology during the 3rd quarter worth about $191,000. Van Hulzen Asset Management LLC purchased a new stake in shares of US Ecology during the 2nd quarter worth about $200,000. United Services Automobile Association purchased a new stake in shares of US Ecology during the 2nd quarter worth about $213,000. Park National Corp OH purchased a new stake in shares of US Ecology during the 3rd quarter worth about $221,000. Finally, Amalgamated Bank purchased a new stake in shares of US Ecology during the 2nd quarter worth about $228,000. Hedge funds and other institutional investors own 84.10% of the company’s stock.

Shares of ECOL stock opened at $65.93 on Thursday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.78. US Ecology Inc has a twelve month low of $44.90 and a twelve month high of $77.15. The company has a market capitalization of $1.45 billion, a P/E ratio of 38.33 and a beta of 0.48.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.70 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.08. US Ecology had a return on equity of 15.68% and a net margin of 12.30%. The business had revenue of $151.42 million for the quarter, compared to the consensus estimate of $144.11 million. During the same period last year, the business earned $0.37 EPS. The firm’s revenue was up 13.0% compared to the same quarter last year. On average, research analysts forecast that US Ecology Inc will post 2.34 EPS for the current year.

In related news, Director Stephen A. Romano sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $70.62, for a total value of $847,440.00. Following the transaction, the director now directly owns 12,695 shares of the company’s stock, valued at approximately $896,520.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Simon G. Bell sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $75.95, for a total value of $227,850.00. Following the completion of the transaction, the chief operating officer now directly owns 31,197 shares in the company, valued at $2,369,412.15. The disclosure for this sale can be found here. Insiders sold a total of 17,000 shares of company stock worth $1,225,390 over the last three months. 1.30% of the stock is owned by company insiders.

A number of equities research analysts have recently weighed in on the company. BidaskClub raised US Ecology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 8th. BMO Capital Markets raised their price target on US Ecology from $65.00 to $75.00 and gave the stock a “market perform” rating in a research note on Friday, September 7th. UBS Group raised their price target on US Ecology from $56.00 to $61.00 and gave the stock a “sell” rating in a research note on Wednesday, September 5th. Finally, Zacks Investment Research raised US Ecology from a “hold” rating to a “strong-buy” rating and set a $79.00 price target for the company in a research note on Thursday, November 8th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $70.60.

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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 in 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 and non-hazardous waste at its landfill, wastewater, and other treatment facilities.

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

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