New York State Common Retirement Fund Buys 7,000 Shares of Ecovyst Inc. (NYSE:ECVT)

New York State Common Retirement Fund lifted its stake in Ecovyst Inc. (NYSE:ECVT) by 31.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,081 shares of the company’s stock after purchasing an additional 7,000 shares during the quarter. New York State Common Retirement Fund’s holdings in Ecovyst were worth $222,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Spire Wealth Management lifted its stake in Ecovyst by 72.9% in the fourth 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 last quarter. Capstone Investment Advisors LLC bought a new stake in Ecovyst during the 3rd quarter valued at $86,000. Quantinno Capital Management LP bought a new position in Ecovyst during the 3rd quarter worth about $123,000. EP Wealth Advisors LLC purchased a new position in Ecovyst during the 3rd quarter valued at about $177,000. Finally, Intech Investment Management LLC bought a new stake in shares of Ecovyst in the 3rd quarter valued at about $184,000. Institutional investors own 86.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. BMO Capital Markets dropped their price objective on Ecovyst from $11.00 to $9.00 and set an “outperform” rating on the stock in a research report on Monday. BWS Financial reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Ecovyst in a research report on Friday, February 28th. Finally, Citigroup boosted their target price on shares of Ecovyst from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th.

Ecovyst Trading Up 3.7 %

NYSE ECVT opened at $6.84 on Thursday. 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 current ratio of 2.54 and a quick ratio of 2.06. The company has a market capitalization of $796.35 million, a PE ratio of 14.86, a P/E/G ratio of 1.04 and a beta of 1.05. The company has a fifty day moving average of $7.74 and a 200 day moving average of $7.37.

About Ecovyst

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.