Barclays PLC boosted its position in shares of Ecovyst Inc. (NYSE:ECVT - Free Report) by 198.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 178,032 shares of the company's stock after purchasing an additional 118,303 shares during the quarter. Barclays PLC owned approximately 0.15% of Ecovyst worth $1,220,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Quarry LP boosted its position in Ecovyst by 61.2% during the second quarter. Quarry LP now owns 4,533 shares of the company's stock worth $41,000 after purchasing an additional 1,721 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in Ecovyst during the third quarter worth $86,000. Algert Global LLC purchased a new stake in Ecovyst during the second quarter worth $106,000. Quantinno Capital Management LP purchased a new stake in Ecovyst during the third quarter worth $123,000. Finally, MBB Public Markets I LLC purchased a new stake in Ecovyst during the second quarter worth $133,000. 86.69% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on ECVT shares. BWS Financial reiterated a "buy" rating and set a $12.00 target price on shares of Ecovyst in a research report on Wednesday, December 4th. BMO Capital Markets boosted their price target on Ecovyst from $9.00 to $10.00 and gave the stock an "outperform" rating in a report on Tuesday, December 3rd. Finally, Citigroup boosted their price target on Ecovyst from $8.00 to $9.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th.
Check Out Our Latest Stock Report on Ecovyst
Ecovyst Trading Down 0.5 %
Ecovyst stock traded down $0.04 during trading on Tuesday, hitting $7.54. The company's stock had a trading volume of 362,822 shares, compared to its average volume of 633,666. The stock has a market capitalization of $878.49 million, a price-to-earnings ratio of 16.39, a P/E/G ratio of 1.67 and a beta of 1.05. The stock's fifty day moving average is $7.83 and its 200 day moving average is $7.53. Ecovyst Inc. has a 1-year low of $6.02 and a 1-year high of $11.35. 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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