17,929 Shares in Ecovyst Inc. (NYSE:ECVT) Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP acquired a new stake in Ecovyst Inc. (NYSE:ECVT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 17,929 shares of the company’s stock, valued at approximately $123,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new position in Ecovyst during the third quarter valued at about $2,087,000. Bank of New York Mellon Corp lifted its holdings in Ecovyst by 27.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 459,343 shares of the company’s stock worth $4,120,000 after purchasing an additional 98,719 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Ecovyst by 84.6% during the third quarter. Harbor Capital Advisors Inc. now owns 1,756,363 shares of the company’s stock worth $12,031,000 after purchasing an additional 805,128 shares during the period. Thompson Siegel & Walmsley LLC grew its holdings in Ecovyst by 20.4% during the second quarter. Thompson Siegel & Walmsley LLC now owns 1,729,796 shares of the company’s stock valued at $15,516,000 after purchasing an additional 292,637 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in shares of Ecovyst by 27.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 12,852,925 shares of the company’s stock valued at $88,043,000 after purchasing an additional 2,753,470 shares during the period. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Down 2.1 %

ECVT opened at $7.52 on Wednesday. The business has a 50 day moving average of $7.46 and a 200-day moving average of $7.73. The stock has a market capitalization of $876.16 million, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.67 and a beta of 1.06. 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 Inc. has a 1-year low of $6.02 and a 1-year high of $11.35.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ECVT. BWS Financial reaffirmed a “buy” rating and set a $12.00 price objective on shares of Ecovyst in a report on Wednesday, December 4th. BMO Capital Markets upped their price target on shares of Ecovyst from $9.00 to $10.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd.

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.