Empowered Funds LLC acquired a new position in shares of Ecovyst Inc. (NYSE:ECVT - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 304,606 shares of the company's stock, valued at approximately $2,087,000. Empowered Funds LLC owned about 0.26% of Ecovyst at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Cornercap Investment Counsel Inc. lifted its stake in Ecovyst by 51.2% in the third quarter. Cornercap Investment Counsel Inc. now owns 77,036 shares of the company's stock valued at $528,000 after buying an additional 26,093 shares during the period. Oppenheimer Asset Management Inc. boosted its position in Ecovyst by 41.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 71,599 shares of the company's stock valued at $490,000 after buying an additional 21,147 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Ecovyst in the third quarter valued at approximately $349,000. Easterly Investment Partners LLC lifted its position in shares of Ecovyst by 56.1% during the 3rd quarter. Easterly Investment Partners LLC now owns 155,296 shares of the company's stock valued at $1,064,000 after acquiring an additional 55,836 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its position in Ecovyst by 84.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,756,363 shares of the company's stock valued at $12,031,000 after acquiring an additional 805,128 shares in the last quarter. 86.69% of the stock is owned by institutional investors and hedge funds.
Ecovyst Stock Performance
ECVT stock opened at $8.06 on Thursday. Ecovyst Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $11.35. The company has a quick ratio of 2.06, a current ratio of 2.54 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $939.07 million, a P/E ratio of 17.39, a PEG ratio of 1.81 and a beta of 1.01. The company has a 50-day simple moving average of $6.97 and a 200 day simple moving average of $7.96.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on ECVT shares. BWS Financial reissued a "buy" rating and issued a $12.00 price target on shares of Ecovyst in a research note on Friday, November 1st. BMO Capital Markets dropped their target price on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Finally, KeyCorp reduced their price target on shares of Ecovyst from $13.00 to $10.00 and set an "overweight" rating for the company in a report on Monday, August 5th.
View Our Latest 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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