1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new stake in shares of Ecovyst Inc. (NYSE:ECVT – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,400 shares of the company’s stock, valued at approximately $163,000.
Other large investors have also recently made changes to their positions in the company. Barclays PLC lifted its stake in Ecovyst by 198.1% in the 3rd quarter.
Barclays PLC now owns 178,032 shares of the company’s stock worth $1,220,000 after purchasing an additional 118,303 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Ecovyst during the fourth quarter worth approximately $139,000. Harbor Capital Advisors Inc.
lifted its position in Ecovyst by 13.9% during the fourth quarter. Harbor Capital Advisors Inc.
now owns 2,000,444 shares of the company’s stock worth $15,283,000 after buying an additional 244,081 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Ecovyst by 11.
7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,903,148 shares of the company’s stock worth $14,540,000 after buying an additional 198,817 shares during the last quarter.
Finally, State Street Corp grew its holdings in Ecovyst by 1.4% in the 3rd quarter. State Street Corp now owns 2,426,509 shares of the company’s stock valued at $16,622,000 after buying an additional 33,292 shares in the last quarter.
86.69% of the stock is currently owned by hedge funds and other institutional investors. Ecovyst Stock PerformanceShares of Ecovyst stock opened at $5.
35 on Wednesday. The firm has a market cap of $628.38 million, a PE ratio of 11.
64, a price-to-earnings-growth ratio of 1.04 and a beta of 1.02.
The company has a quick ratio of 2.06, a current ratio of 2.54 and a debt-to-equity ratio of 1.
17. Ecovyst Inc. has a 52 week low of $5.
27 and a 52 week high of $10.79. The business’s fifty day simple moving average is $7.
09 and its 200-day simple moving average is $7.31. Analyst Upgrades and DowngradesSeveral research analysts have recently weighed in on the stock.
BWS Financial reissued a “buy” rating and set a $12.00 price target on shares of Ecovyst in a research report on Friday, February 28th. Citigroup lifted their target price on shares of Ecovyst from $8.
00 to $9.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, BMO Capital Markets dropped their price target on shares of Ecovyst from $11.
00 to $9.00 and set an “outperform” rating for the company in a research note on Monday, March 3rd.Check Out Our Latest Analysis on ECVTEcovyst Profile (Free Report)Ecovyst Inc offers specialty catalysts and services in the United States and internationally.
The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.See AlsoFive stocks we like better than EcovystWhat is MarketRank? How to Use itTariff-Proof Stocks: 3 Big Bargains With Huge Upside PotentialWhat is the Nasdaq? Complete Overview with HistoryQualcomm Breaks Down But RSI Signals It’s Severely OversoldThe Most Important Warren Buffett Stock for Investors: His OwnTesla’s #1 Bull Cuts Target But Says It’s Still a Buy.
