TIAA CREF Investment Management LLC decreased its position in shares of American Ecology Co. (NASDAQ:ECOL) by 8.6% in the fourth quarter, Holdings Channel reports. The fund owned 53,429 shares of the business services provider’s stock after selling 5,002 shares during the period. TIAA CREF Investment Management LLC’s holdings in American Ecology were worth $2,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. lifted its position in American Ecology by 2.4% during the 4th quarter. BlackRock Inc. now owns 2,699,211 shares of the business services provider’s stock worth $137,661,000 after acquiring an additional 62,789 shares during the last quarter. Clearbridge Investments LLC lifted its position in American Ecology by 0.7% during the 4th quarter. Clearbridge Investments LLC now owns 991,480 shares of the business services provider’s stock worth $50,565,000 after acquiring an additional 6,716 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in American Ecology by 5.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 591,521 shares of the business services provider’s stock worth $30,168,000 after acquiring an additional 29,729 shares during the last quarter. Fenimore Asset Management Inc. lifted its position in American Ecology by 5.5% during the 4th quarter. Fenimore Asset Management Inc. now owns 428,331 shares of the business services provider’s stock worth $21,845,000 after acquiring an additional 22,364 shares during the last quarter. Finally, Atlanta Capital Management Co. L L C lifted its position in American Ecology by 41.4% during the 4th quarter. Atlanta Capital Management Co. L L C now owns 422,195 shares of the business services provider’s stock worth $21,532,000 after acquiring an additional 123,674 shares during the last quarter. 86.19% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of American Ecology from a “hold” rating to a “sell” rating in a research report on Thursday. ValuEngine raised shares of American Ecology from a “hold” rating to a “buy” rating in a research report on Thursday, April 12th. BidaskClub raised shares of American Ecology from a “sell” rating to a “hold” rating in a research report on Tuesday, April 10th. UBS assumed coverage on shares of American Ecology in a research report on Wednesday, March 14th. They set a “sell” rating and a $55.00 target price for the company. Finally, Canaccord Genuity reissued a “buy” rating and set a $64.00 target price on shares of American Ecology in a research report on Friday, February 16th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. American Ecology presently has a consensus rating of “Hold” and an average target price of $58.80.

In related news, CEO Jeffrey R. Feeler sold 25,000 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $54.59, for a total value of $1,364,750.00. Following the sale, the chief executive officer now owns 79,127 shares of the company’s stock, valued at $4,319,542.93. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Steven D. Welling sold 3,742 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $55.65, for a total transaction of $208,242.30. Following the completion of the sale, the executive vice president now directly owns 26,732 shares in the company, valued at approximately $1,487,635.80. The disclosure for this sale can be found here. Insiders have sold 35,742 shares of company stock valued at $1,972,642 in the last ninety days. 1.30% of the stock is owned by company insiders.

Shares of ECOL opened at $55.55 on Friday. The stock has a market cap of $1,217.86, a PE ratio of 32.49 and a beta of 0.66. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 2.23. American Ecology Co. has a 52 week low of $44.50 and a 52 week high of $59.70.

American Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.11. The business had revenue of $133.70 million during the quarter, compared to analyst estimates of $132.09 million. American Ecology had a net margin of 9.79% and a return on equity of 12.65%. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 earnings per share. equities analysts predict that American Ecology Co. will post 2.2 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 27th. Stockholders of record on Friday, April 20th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Thursday, April 19th. American Ecology’s dividend payout ratio is currently 41.86%.

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

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