1 week Ago By Defense World Staff
Legal & General Group Plc decreased its stake in Ecovyst Inc. ( NYSE:ECVT – Free Report ) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 126,728 shares of the company’s stock after selling 4,427 shares during the period. Legal & General Group Plc owned 0.11% of Ecovyst worth $968,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in Ecovyst by 6.
2% in the fourth quarter. Invesco Ltd. now owns 320,552 shares of the company’s stock valued at $2,449,000 after buying an additional 18,844 shares during the last quarter.
Federated Hermes Inc. increased its holdings in shares of Ecovyst by 5.1% in the 4th quarter.
Federated Hermes Inc. now owns 122,370 shares of the company’s stock worth $935,000 after acquiring an additional 5,930 shares during the period. Wells Fargo & Company MN lifted its position in Ecovyst by 23.
5% in the 4th quarter. Wells Fargo & Company MN now owns 80,467 shares of the company’s stock valued at $615,000 after purchasing an additional 15,303 shares during the last quarter. Franklin Resources Inc.
acquired a new position in Ecovyst during the 4th quarter valued at about $515,000. Finally, Caisse Des Depots ET Consignations bought a new position in Ecovyst in the 4th quarter worth about $144,000. Institutional investors and hedge funds own 86.
69% of the company’s stock. Analyst Upgrades and Downgrades ECVT has been the subject of several analyst reports. BMO Capital Markets reduced their price objective on Ecovyst from $11.
00 to $9.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. BWS Financial reiterated a “buy” rating and set a $12.
00 price target on shares of Ecovyst in a research report on Friday, February 28th. Ecovyst Trading Down 0.2 % Ecovyst stock opened at $5.
86 on Monday. Ecovyst Inc. has a 12-month low of $5.
24 and a 12-month high of $10.57. The stock has a market capitalization of $687.
88 million, a PE ratio of 12.74, a price-to-earnings-growth ratio of 1.04 and a beta of 1.
02. The firm has a 50 day simple moving average of $6.48 and a 200-day simple moving average of $7.
23. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.
54 and a quick ratio of 2.06. About Ecovyst ( 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. Recommended Stories Five stocks we like better than Ecovyst Retail Stocks Investing, Explained Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery Business Services Stocks Investing O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2 Receive News & Ratings for Ecovyst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecovyst and related companies with MarketBeat.
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