US Ecology Inc (ECOL) : Fenimore Asset Management Inc scooped up 10,900 additional shares in US Ecology Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 576,354 shares of US Ecology Inc which is valued at $25,203,960.US Ecology Inc makes up approximately 1.23% of Fenimore Asset Management Inc’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in ECOL in the latest quarter, The investment management firm added 14,948 additional shares and now holds a total of 20,666 shares of US Ecology Inc which is valued at $903,724.Naples Global Advisors reduced its stake in ECOL by selling 200 shares or 0.9% in the most recent quarter. The Hedge Fund company now holds 22,125 shares of ECOL which is valued at $970,403. US Ecology Inc makes up approx 0.38% of Naples Global Advisors’s portfolio.First Mercantile Trust Co reduced its stake in ECOL by selling 170 shares or 8.59% in the most recent quarter. The Hedge Fund company now holds 1,810 shares of ECOL which is valued at $78,409. US Ecology Inc makes up approx 0.01% of First Mercantile Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ECOL by selling 3,773 shares or 53.88% in the most recent quarter. The Hedge Fund company now holds 3,230 shares of ECOL which is valued at $138,922.
US Ecology Inc closed down -0.13 points or -0.30% at $43.73 with 87,216 shares getting traded on Tuesday. Post opening the session at $43.88, the shares hit an intraday low of $43.32 and an intraday high of $43.88 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, US Ecology Inc reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.42. The company had revenue of $122.30 million for the quarter, compared to analysts expectations of $122.54 million. The company’s revenue was down -12.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.
Many Wall Street Analysts have commented on US Ecology Inc. Shares were Downgraded by Barclays on Aug 9, 2016 to ” Underweight” and Lowered the Price Target to $ 40 from a previous price target of $48 .
US Ecology Inc. (US Ecology) is a North American provider of environmental services to commercial and government entities. The Company operates in two business segments: Environmental Services and Field & Industrial Services. The Environmental Services segment includes all of the legacy US Ecology operations and the legacy EQ treatment and disposal facilities. It provides a range of hazardous material management services including transportation recycling treatment and disposal of hazardous and non-hazardous waste at Company-owned landfill wastewater and other treatment facilities. The Field & Industrial Services segment includes all of the field and industrial service business of the legacy EQ operation. It provides packaging and collection of hazardous waste and total waste management solutions at customer sites and through its 10-day transfer facilities.