Citadel Advisors LLC Decreases Position in US Ecology, Inc. (ECOL)

Citadel Advisors LLC decreased its position in shares of US Ecology, Inc. (NASDAQ:ECOL) by 70.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,565 shares of the business services provider’s stock after selling 17,728 shares during the quarter. Citadel Advisors LLC’s holdings in US Ecology were worth $382,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ECOL. BlackRock Inc. lifted its holdings in shares of US Ecology by 133,529.0% during the first quarter. BlackRock Inc. now owns 2,595,075 shares of the business services provider’s stock worth $121,579,000 after purchasing an additional 2,593,133 shares during the period. GW&K Investment Management LLC lifted its holdings in shares of US Ecology by 23.8% during the second quarter. GW&K Investment Management LLC now owns 511,609 shares of the business services provider’s stock worth $25,836,000 after purchasing an additional 98,202 shares during the period. Nicholas Company Inc. lifted its holdings in shares of US Ecology by 351.7% during the second quarter. Nicholas Company Inc. now owns 102,740 shares of the business services provider’s stock worth $5,188,000 after purchasing an additional 79,995 shares during the period. Aberdeen Asset Management PLC UK lifted its holdings in shares of US Ecology by 7.4% during the second quarter. Aberdeen Asset Management PLC UK now owns 1,041,692 shares of the business services provider’s stock worth $52,605,000 after purchasing an additional 71,411 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of US Ecology by 5.6% during the first quarter. Vanguard Group Inc. now owns 1,143,790 shares of the business services provider’s stock worth $53,586,000 after purchasing an additional 60,791 shares during the period. 85.63% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on ECOL. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 target price on shares of US Ecology in a report on Friday, October 6th. Canaccord Genuity reaffirmed a “buy” rating and set a $60.00 target price on shares of US Ecology in a report on Wednesday, August 9th. BidaskClub downgraded US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BMO Capital Markets began coverage on US Ecology in a report on Thursday, June 29th. They set a “market perform” rating and a $54.00 target price for the company. Finally, Zacks Investment Research downgraded US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $53.75.

Shares of US Ecology, Inc. (NASDAQ:ECOL) opened at 53.00 on Wednesday. The firm has a market cap of $1.16 billion, a P/E ratio of 41.44 and a beta of 0.66. US Ecology, Inc. has a 12-month low of $38.00 and a 12-month high of $55.75. The company’s 50 day moving average price is $51.24 and its 200-day moving average price is $50.24.

US Ecology (NASDAQ:ECOL) last announced its earnings results on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $126.06 million during the quarter, compared to analysts’ expectations of $128.38 million. US Ecology had a return on equity of 11.37% and a net margin of 5.86%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. On average, equities research analysts anticipate that US Ecology, Inc. will post $1.77 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 20th will be given a $0.18 dividend. The ex-dividend date is Thursday, October 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.36%. US Ecology’s dividend payout ratio (DPR) is presently 56.25%.

In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $52.05, for a total transaction of $156,150.00. Following the completion of the sale, the director now directly owns 28,395 shares of the company’s stock, valued at approximately $1,477,959.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Katina Dorton acquired 600 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were bought at an average cost of $47.16 per share, with a total value of $28,296.00. Following the completion of the transaction, the director now directly owns 3,970 shares in the company, valued at approximately $187,225.20. The disclosure for this purchase can

Several other institutional investors have also recently added to or reduced their stakes in ECOL. BlackRock Inc. lifted its holdings in shares of US Ecology by 133,529.0% during the first quarter. BlackRock Inc. now owns 2,595,075 shares of the business services provider’s stock worth $121,579,000 after purchasing an additional 2,593,133 shares during the period. GW&K Investment Management LLC lifted its holdings in shares of US Ecology by 23.8% during the second quarter. GW&K Investment Management LLC now owns 511,609 shares of the business services provider’s stock worth $25,836,000 after purchasing an additional 98,202 shares during the period. Nicholas Company Inc. lifted its holdings in shares of US Ecology by 351.7% during the second quarter. Nicholas Company Inc. now owns 102,740 shares of the business services provider’s stock worth $5,188,000 after purchasing an additional 79,995 shares during the period. Aberdeen Asset Management PLC UK lifted its holdings in shares of US Ecology by 7.4% during the second quarter. Aberdeen Asset Management PLC UK now owns 1,041,692 shares of the business services provider’s stock worth $52,605,000 after purchasing an additional 71,411 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of US Ecology by 5.6% during the first quarter. Vanguard Group Inc. now owns 1,143,790 shares of the business services provider’s stock worth $53,586,000 after purchasing an additional 60,791 shares during the period. 85.63% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on ECOL. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 target price on shares of US Ecology in a report on Friday, October 6th. Canaccord Genuity reaffirmed a “buy” rating and set a $60.00 target price on shares of US Ecology in a report on Wednesday, August 9th. BidaskClub downgraded US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BMO Capital Markets began coverage on US Ecology in a report on Thursday, June 29th. They set a “market perform” rating and a $54.00 target price for the company. Finally, Zacks Investment Research downgraded US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $53.75.

Shares of US Ecology, Inc. (NASDAQ:ECOL) opened at 53.00 on Wednesday. The firm has a market cap of $1.16 billion, a P/E ratio of 41.44 and a beta of 0.66. US Ecology, Inc. has a 12-month low of $38.00 and a 12-month high of $55.75. The company’s 50 day moving average price is $51.24 and its 200-day moving average price is $50.24.

US Ecology (NASDAQ:ECOL) last announced its earnings results on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $126.06 million during the quarter, compared to analysts’ expectations of $128.38 million. US Ecology had a return on equity of 11.37% and a net margin of 5.86%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. On average, equities research analysts anticipate that US Ecology, Inc. will post $1.77 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 20th will be given a $0.18 dividend. The ex-dividend date is Thursday, October 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.36%. US Ecology’s dividend payout ratio (DPR) is presently 56.25%.

In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $52.05, for a total transaction of $156,150.00. Following the completion of the sale, the director now directly owns 28,395 shares of the company’s stock, valued at approximately $1,477,959.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Katina Dorton acquired 600 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were bought at an average cost of $47.16 per share, with a total value of $28,296.00. Following the completion of the transaction, the director now directly owns 3,970 shares in the company, valued at approximately $187,225.20. The disclosure for this purchase can be found here. 1.30% of the stock is owned by corporate insiders.

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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.

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

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