Wedbush Securities Inc. Lowers Stake in Ecology and Environment, Inc. (NASDAQ:EEI)
Wedbush Securities Inc. reduced its stake in Ecology and Environment, Inc. (NASDAQ:EEI) by 5.1% during the second quarter, Holdings Channel reports. The institutional investor owned 132,207 shares of the industrial products company’s stock after selling 7,058 shares during the period. Wedbush Securities Inc.’s holdings in Ecology and Environment were worth $1,659,000 at the end of the most recent quarter.
Ecology and Environment, Inc. (NASDAQ:EEI) opened at 11.3628 on Friday. The stock has a market capitalization of $48.79 million, a P/E ratio of 36.0724 and a beta of -0.25. Ecology and Environment, Inc. has a 52 week low of $8.75 and a 52 week high of $13.06. The firm’s 50-day moving average is $12.41 and its 200-day moving average is $11.08.
The company also recently disclosed a semiannual dividend, which was paid on Friday, August 11th. Shareholders of record on Monday, July 31st were given a $0.20 dividend. This represents a yield of 3.21%. The ex-dividend date was Thursday, July 27th. Ecology and Environment’s dividend payout ratio (DPR) is 125.00%.
Separately, TheStreet raised shares of Ecology and Environment from a “c+” rating to a “b” rating in a research note on Tuesday, June 27th.
About Ecology and Environment
Ecology and Environment, Inc (EEI) is an environmental consulting company. The Company’s business segments include EEI and its subsidiaries located in the United States, Subsidiaries located in South America and Other foreign subsidiaries. The Company offers consulting services to commercial and government clients in a range of service sectors, which include Government START Contract; Government Task Order Contracts; Energy; Natural Resource Management and Restoration; Sustainability, Resiliency, and Climate Adaptation; Water Resources; Planning; Emergency Planning and Management; Hazardous and Radioactive Material Services; International; Regulatory Compliance, and Contract Backlog.
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