Amundi reduced its holdings in Ecovyst Inc. (NYSE:ECVT - Free Report) by 45.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 168,683 shares of the company's stock after selling 138,236 shares during the quarter. Amundi owned approximately 0.14% of Ecovyst worth $1,252,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its position in Ecovyst by 198.1% in the 3rd quarter. Barclays PLC now owns 178,032 shares of the company's stock valued at $1,220,000 after purchasing an additional 118,303 shares during the last quarter. Empowered Funds LLC bought a new stake in Ecovyst in the 3rd quarter valued at about $2,087,000. Harbor Capital Advisors Inc. lifted its position in Ecovyst by 13.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 2,000,444 shares of the company's stock valued at $15,283,000 after purchasing an additional 244,081 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Ecovyst in the 4th quarter valued at about $139,000. Finally, State Street Corp lifted its position 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 purchasing an additional 33,292 shares during the last quarter. 86.69% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
ECVT has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price target on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd. BWS Financial restated a "buy" rating and set a $12.00 price target on shares of Ecovyst in a research report on Friday, February 28th. Finally, Citigroup boosted their price target on shares of Ecovyst from $8.00 to $9.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th.
Check Out Our Latest Stock Analysis on ECVT
Ecovyst Price Performance
Shares of ECVT traded down $0.19 during mid-day trading on Friday, hitting $6.40. The company's stock had a trading volume of 1,353,842 shares, compared to its average volume of 878,078. The firm has a 50-day moving average price of $7.54 and a 200 day moving average price of $7.35. The stock has a market capitalization of $750.56 million, a price-to-earnings ratio of 13.90, a PEG ratio of 1.04 and a beta of 1.04. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.54 and a quick ratio of 2.06. Ecovyst Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $11.35.
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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