Thompson Siegel & Walmsley LLC decreased its stake in Ecovyst Inc. (NYSE:ECVT - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,095,363 shares of the company's stock after selling 96,750 shares during the period. Thompson Siegel & Walmsley LLC owned 1.80% of Ecovyst worth $16,009,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of ECVT. Spire Wealth Management boosted its stake in Ecovyst by 72.9% during the 4th quarter. Spire Wealth Management now owns 4,496 shares of the company's stock worth $34,000 after purchasing an additional 1,896 shares during the period. Capstone Investment Advisors LLC acquired a new stake in Ecovyst during the 3rd quarter worth $86,000. Quantinno Capital Management LP acquired a new stake in Ecovyst during the 3rd quarter worth $123,000. Proficio Capital Partners LLC acquired a new stake in Ecovyst during the 4th quarter worth $139,000. Finally, EP Wealth Advisors LLC acquired a new stake in Ecovyst during the 3rd quarter worth $177,000. Institutional investors and hedge funds own 86.69% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on ECVT shares. BWS Financial reiterated a "buy" rating and set a $12.00 price target on shares of Ecovyst in a research note on Friday, February 28th. BMO Capital Markets cut their price target on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating for the company in a report on Monday, March 3rd. Finally, Citigroup increased their price target on shares of Ecovyst from $8.00 to $9.00 and gave the company a "buy" rating in a report on Wednesday, December 18th.
View Our Latest Analysis on Ecovyst
Ecovyst Price Performance
Shares of NYSE ECVT opened at $6.60 on Thursday. The stock has a market cap of $774.04 million, a price-to-earnings ratio of 14.34, a PEG ratio of 1.04 and a beta of 1.04. Ecovyst Inc. has a 52 week low of $6.02 and a 52 week high of $11.35. The company's 50-day moving average price is $7.66 and its 200 day moving average price is $7.37. The company has a current ratio of 2.54, a quick ratio of 2.06 and a debt-to-equity ratio of 1.17.
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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