Ecolab Inc. (NYSE:ECL).
Pennsylvania Trust Co says it increased its ownership in Ecolab Inc. shares by 10.7% in a 13F filing with the SEC. Its investment stood at $5,250,000 an increase of $773,000 according to the filing.
Here are a few other firms who have updated their positions. As of the end of the quarter Gateway Investment Advisers LLC had disposed of 345 shares trimming its holdings by 2.1%. The value of the investment in ECL went from $2,061,000 to $2,137,000 increasing 3.7% quarter to quarter. As of quarter end Bank Of The West had sold a total of 201 shares trimming its stake by 8.7%. The value of the total investment in Ecolab Inc. decreased from $290,000 to $281,000 a change of 3.1% quarter over quarter.
As of the end of the quarter Arvest Bank Trust Division had sold 36 shares trimming its position 45.0%. The value of the company’s investment in Ecolab Inc. went from $10,000 to $6,000 a change of $4,000 since the last quarter.
On May 26 the company was upgraded from “Overweight” to “Overweight” in a report from JP Morgan. Equity analyst Macquarie released its first research report on the stock by announcing an initial rating of “Outperform” and price target of $143.00.
July 15 investment analysts at Citigroup left the company rating at “Neutral” but moved up the price target from $117.00 to $127.00. On April 18 Citigroup held the stock rating at “Neutral” and moved up the price target to $117.00 from $102.00.
On March 24, 2016 Credit Suisse added the stock to its research portfolio giving it an initial rating of “Neutral” and establishing a price target of $109.00. Sterne Agee CRT added ECL to its research portfolio with a rating of “Buy”.
The company is now up by 0.55 percent from yesterday’s close. Additionally the company recently declared a dividend that will be paid on Mon Jul 17, 2017. The dividend payment will be $0.370 per share for the quarter or $1.48 annualized. This dividend amount will represent a yeild of $1.12. The ex-dividend date will be on Friday June 16th, 2017.
Shares of the company are trading at $132.61 slightly over $131.33, the 50 day moving average and which is slightly above the 200 day moving average of $125.10. The 50 day moving average moved up $1.36 and the 200 day average went up by +6.07%.
Ecolab Inc.’s P/E ratio is 31.35 and the market value is 38.49B. In the last earnings report the EPS was $4.23 and is projected to be $4.78 for the current year with 290,045,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $1.42 and the next full year EPS is projected to be $5.36.