US Ecology Inc (NASDAQ:ECOL) Director Stephen A. Romano sold 12,000 shares of the firm’s stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $70.62, for a total value of $847,440.00. Following the completion of the transaction, the director now directly owns 12,695 shares in the company, valued at approximately $896,520.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of ECOL opened at $70.67 on Wednesday. The company has a market cap of $1.56 billion, a P/E ratio of 41.09 and a beta of 0.51. US Ecology Inc has a 12-month low of $44.90 and a 12-month high of $77.15. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.23 and a current ratio of 2.23.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, October 26th. Investors of record on Friday, October 19th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.02%. The ex-dividend date was Thursday, October 18th. US Ecology’s dividend payout ratio (DPR) is presently 41.86%.

Several research analysts have recently commented on the company. Zacks Investment Research raised US Ecology from a “hold” rating to a “strong-buy” rating and set a $78.00 price objective on the stock in a research note on Thursday, October 25th. Canaccord Genuity reaffirmed a “buy” rating and issued a $72.00 price objective (up previously from $64.00) on shares of US Ecology in a research note on Friday, August 3rd. BidaskClub raised US Ecology from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Stifel Nicolaus raised their price objective on 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 lifted their target price on US Ecology from $74.00 to $75.00 and gave the company a “market perform” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. US Ecology presently has an average rating of “Buy” and an average target price of $71.40.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley raised its stake in US Ecology by 9.0% during the 3rd quarter. Morgan Stanley now owns 78,020 shares of the business services provider’s stock valued at $5,754,000 after purchasing an additional 6,464 shares during the period. Legal & General Group Plc raised its stake in US Ecology by 7.5% during the 3rd quarter. Legal & General Group Plc now owns 52,210 shares of the business services provider’s stock valued at $3,850,000 after purchasing an additional 3,632 shares during the period. Teachers Advisors LLC raised its stake in US Ecology by 5.2% during the 3rd quarter. Teachers Advisors LLC now owns 42,466 shares of the business services provider’s stock valued at $3,132,000 after purchasing an additional 2,087 shares during the period. Glenmede Trust Co. NA raised its stake in US Ecology by 26.9% during the 3rd quarter. Glenmede Trust Co. NA now owns 6,220 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 1,320 shares during the period. Finally, MetLife Investment Advisors LLC raised its stake in US Ecology by 54.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 15,598 shares of the business services provider’s stock valued at $1,150,000 after purchasing an additional 5,531 shares during the period. 84.25% of the stock is currently owned by institutional investors.

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US Ecology Company 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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