Quest Partners LLC Purchases New Shares in Ecovyst Inc. (NYSE:ECVT)

Quest Partners LLC bought a new position in shares of Ecovyst Inc. (NYSE:ECVT) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 49,184 shares of the company’s stock, valued at approximately $337,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ECVT. ProShare Advisors LLC boosted its stake in Ecovyst by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 16,635 shares of the company’s stock worth $185,000 after purchasing an additional 1,308 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Ecovyst by 6.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 52,598 shares of the company’s stock worth $587,000 after purchasing an additional 3,353 shares during the last quarter. Westwood Holdings Group Inc. raised its holdings in shares of Ecovyst by 3.7% during the 1st quarter. Westwood Holdings Group Inc. now owns 5,026,022 shares of the company’s stock worth $56,040,000 after acquiring an additional 178,001 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of Ecovyst by 298.1% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 951,235 shares of the company’s stock valued at $8,533,000 after acquiring an additional 712,292 shares during the last quarter. Finally, CWM LLC boosted its position in shares of Ecovyst by 6,920.7% during the 2nd quarter. CWM LLC now owns 4,072 shares of the company’s stock valued at $37,000 after acquiring an additional 4,014 shares during the last quarter. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Trading Down 0.5 %

NYSE ECVT opened at $8.15 on Tuesday. The firm’s 50-day moving average is $7.06 and its two-hundred day moving average is $7.91. Ecovyst Inc. has a 12 month low of $6.02 and a 12 month 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 stock has a market capitalization of $948.97 million, a P/E ratio of 17.71, a PEG ratio of 1.83 and a beta of 1.01.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ECVT. BWS Financial reissued a “buy” rating and set a $12.00 price target on shares of Ecovyst in a research report on Friday, November 1st. BMO Capital Markets lowered their price target on shares of Ecovyst from $11.00 to $9.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, KeyCorp lowered their price target on shares of Ecovyst from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th.

Ecovyst Profile

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.