Legal & General Group Plc boosted its stake in US Ecology Inc (NASDAQ:ECOL) by 5.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 48,578 shares of the business services provider’s stock after purchasing an additional 2,566 shares during the period. Legal & General Group Plc’s holdings in US Ecology were worth $3,095,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Victory Capital Management Inc. grew its stake in shares of US Ecology by 15.9% in the second quarter. Victory Capital Management Inc. now owns 5,412 shares of the business services provider’s stock worth $345,000 after acquiring an additional 744 shares in the last quarter. Rhumbline Advisers grew its stake in shares of US Ecology by 2.3% in the first quarter. Rhumbline Advisers now owns 53,159 shares of the business services provider’s stock worth $2,833,000 after acquiring an additional 1,185 shares in the last quarter. Citigroup Inc. grew its stake in shares of US Ecology by 77.0% in the first quarter. Citigroup Inc. now owns 3,605 shares of the business services provider’s stock worth $192,000 after acquiring an additional 1,568 shares in the last quarter. Stanley Laman Group Ltd. grew its stake in shares of US Ecology by 15.7% in the second quarter. Stanley Laman Group Ltd. now owns 15,297 shares of the business services provider’s stock worth $974,000 after acquiring an additional 2,076 shares in the last quarter. Finally, Prudential Financial Inc. grew its stake in shares of US Ecology by 6.3% in the first quarter. Prudential Financial Inc. now owns 38,728 shares of the business services provider’s stock worth $2,064,000 after acquiring an additional 2,300 shares in the last quarter. Hedge funds and other institutional investors own 83.50% of the company’s stock.

In other news, CFO Eric L. Gerratt sold 27,087 shares of US Ecology stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $70.03, for a total transaction of $1,896,902.61. Following the completion of the sale, the chief financial officer now directly owns 44,587 shares of the company’s stock, valued at approximately $3,122,427.61. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Daniel Fox sold 900 shares of the business’s stock in a transaction on Friday, August 24th. The shares were sold at an average price of $72.15, for a total transaction of $64,935.00. Following the completion of the sale, the director now directly owns 5,140 shares of the company’s stock, valued at $370,851. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,944 shares of company stock valued at $4,128,574. Corporate insiders own 1.30% of the company’s stock.

Several equities analysts have commented on ECOL shares. BidaskClub downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Wednesday, June 13th. Zacks Investment Research upgraded shares of US Ecology from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a research note on Monday, June 25th. UBS Group boosted their price target on shares of US Ecology from $56.00 to $61.00 and gave the stock a “sell” rating in a research note on Wednesday, September 5th. Stifel Nicolaus boosted their price target on shares of US Ecology from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, August 6th. Finally, BMO Capital Markets boosted their price target on shares of US Ecology from $65.00 to $75.00 and gave the stock a “market perform” rating in a research note on Friday, September 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $70.80.

US Ecology stock opened at $73.80 on Friday. The firm has a market cap of $1.67 billion, a PE ratio of 42.91 and a beta of 0.60. US Ecology Inc has a 12-month low of $44.50 and a 12-month high of $77.15. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.45 and a quick ratio of 2.45.

US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Thursday, August 2nd. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.07. The business had revenue of $136.90 million during the quarter, compared to analysts’ expectations of $136.73 million. US Ecology had a net margin of 11.74% and a return on equity of 14.12%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.38 EPS. sell-side analysts forecast that US Ecology Inc will post 2.24 earnings per share for the current year.

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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