CenterBook Partners LP bought a new position in shares of Ecovyst Inc. (NYSE:ECVT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 184,696 shares of the company's stock, valued at approximately $1,411,000. CenterBook Partners LP owned approximately 0.16% of Ecovyst as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of Ecovyst during the 4th quarter worth approximately $2,706,000. 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 acquiring an additional 18,844 shares during the last quarter. Federated Hermes Inc. grew its position in shares of Ecovyst by 5.1% in the 4th quarter. Federated Hermes Inc. now owns 122,370 shares of the company's stock valued at $935,000 after acquiring an additional 5,930 shares during the period. Wells Fargo & Company MN increased its stake in shares of Ecovyst by 23.5% during the 4th quarter. Wells Fargo & Company MN now owns 80,467 shares of the company's stock worth $615,000 after purchasing an additional 15,303 shares during the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of Ecovyst in the 4th quarter valued at about $515,000. 86.69% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
ECVT has been the topic of a number of recent analyst reports. 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 boosted their target price on Ecovyst from $8.00 to $9.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Finally, BMO Capital Markets decreased their price target on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating on the stock in a research note on Monday, March 3rd.
Check Out Our Latest Report on ECVT
Ecovyst Stock Performance
Shares of ECVT stock traded down $0.01 on Tuesday, hitting $5.91. The company's stock had a trading volume of 853,568 shares, compared to its average volume of 908,524. Ecovyst Inc. has a fifty-two week low of $5.24 and a fifty-two week high of $10.57. The company has a market capitalization of $693.16 million, a PE ratio of 12.84, a PEG ratio of 1.04 and a beta of 1.02. The stock's 50 day moving average is $6.89 and its 200-day moving average is $7.28. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.06 and a current ratio of 2.54.
Ecovyst Company Profile
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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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