Commonwealth Equity Services LLC lowered its stake in shares of Ecovyst Inc. (NYSE:ECVT - Free Report) by 91.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,621 shares of the company's stock after selling 182,420 shares during the quarter. Commonwealth Equity Services LLC's holdings in Ecovyst were worth $127,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Quantinno Capital Management LP acquired a new stake in shares of Ecovyst in the 3rd quarter valued at $123,000. State Street Corp lifted its holdings in Ecovyst by 1.4% during the 3rd quarter. State Street Corp now owns 2,426,509 shares of the company's stock worth $16,622,000 after buying an additional 33,292 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Ecovyst during the 3rd quarter worth about $177,000. Barclays PLC boosted its position in shares of Ecovyst by 198.1% during the 3rd quarter. Barclays PLC now owns 178,032 shares of the company's stock worth $1,220,000 after acquiring an additional 118,303 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Ecovyst by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,535,792 shares of the company's stock valued at $17,374,000 after acquiring an additional 55,884 shares during the last quarter. 86.69% of the stock is currently owned by institutional investors and hedge funds.
Ecovyst Stock Performance
Shares of ECVT traded down $0.01 during mid-day trading on Wednesday, reaching $5.89. 27,596 shares of the company's stock were exchanged, compared to its average volume of 900,131. The business's fifty day simple moving average is $6.85 and its 200-day simple moving average is $7.27. The stock has a market capitalization of $691.40 million, a PE ratio of 12.85, a price-to-earnings-growth ratio of 1.04 and a beta of 1.02. Ecovyst Inc. has a 52-week low of $5.24 and a 52-week high of $10.57. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.54 and a quick ratio of 2.06.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Citigroup upped their price target on Ecovyst from $8.00 to $9.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. BWS Financial reaffirmed a "buy" rating and issued a $12.00 target price on shares of Ecovyst in a research report on Friday, February 28th. Finally, BMO Capital Markets reduced their price target on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating for the company in a research report on Monday, March 3rd.
Check Out Our Latest Stock Analysis on ECVT
Ecovyst 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.
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