Ecolab Inc. (ECL)’s director Jeffrey Ettinger Paid for 6,400 Shares of the Company; Blackrock Enhanced Government Fund Has 0.8 Sentiment

March 14, 2018 - By Marguerite Chambers

The stock decreased 0.11% or $0.0149 during the last trading session, reaching $13.0823. About 5,436 shares traded. BlackRock Enhanced Government Fund, Inc. (EGF) has declined 1.48% since March 14, 2017 and is downtrending. It has underperformed by 18.18% the S&P500.

The director of Ecolab Inc, Jeffrey Ettinger has made a surprising deal in the corporation that is with a grand total value of $860,301 U.S. Dollars. As published in the U.S. Security and Exchange Commission document filed on 13-03-2018, Jeffrey acquired 6,400 shares based on an average price-per-share of $134.4. Jeffrey Ettinger right now owns 0.00% of Ecolab Inc’s total market cap with ownership of 11,164 shares. 

Sit Investment Associates Inc holds 0.87% of its portfolio in BlackRock Enhanced Government Fund, Inc. for 2.57 million shares. 1607 Capital Partners Llc owns 644,704 shares or 0.5% of their US portfolio. Moreover, Icon Advisers Inc Co has 0.16% invested in the company for 162,989 shares. The Arizona-based Dynamic Advisors Solutions Llc has invested 0.13% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 14,516 shares.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.17, from 1.19 in 2017Q2. It dived, as 31 investors sold Ecolab Inc. shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Bristol John W Company New York owns 2.04% invested in Ecolab Inc. (NYSE:ECL) for 548,283 shares. Envestnet Asset Mgmt has invested 0.02% of its portfolio in Ecolab Inc. (NYSE:ECL). Ubs Asset Mngmt Americas has 0.28% invested in Ecolab Inc. (NYSE:ECL) for 2.42 million shares. Wedgewood Prtn invested in 2,500 shares. Aviva Public Limited Co has 0.11% invested in Ecolab Inc. (NYSE:ECL) for 164,299 shares. Sandy Spring Commercial Bank holds 4,273 shares or 0.05% of its portfolio. Waddell Reed owns 57,200 shares for 0.02% of their portfolio. Bb&T reported 0.03% stake. Moreover, Northeast Inv Mgmt has 0.03% invested in Ecolab Inc. (NYSE:ECL). Baillie Gifford Commerce holds 0% or 2,454 shares in its portfolio. Tompkins Finance reported 3,391 shares. Mai Mgmt reported 0.01% in Ecolab Inc. (NYSE:ECL). M&R Capital, New York-based fund reported 400 shares. Peak Asset Mngmt Ltd Liability Corp invested in 1,722 shares or 0.08% of the stock. Chesley Taft And Associate holds 1.27% in Ecolab Inc. (NYSE:ECL) or 114,087 shares.

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on May, 1. They expect $0.88 earnings per share, up 10.00% or $0.08 from last year’s $0.8 per share. ECL’s profit will be $254.19M for 38.87 P/E if the $0.88 EPS becomes a reality. After $1.39 actual earnings per share reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts -36.69% negative EPS growth.

Since March 7, 2018, it had 1 insider buy, and 0 insider sales for $176.96 million activity. 1.33 million shares were bought by GATES WILLIAM H III, worth $176.96M.

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide. The company has market cap of $39.52 billion. The firm operates in three divisions: Global Industrial, Global Institutional, and Global Energy. It has a 26.67 P/E ratio. The Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial clients within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries.

Among 22 analysts covering Ecolab (NYSE:ECL), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. Ecolab has $215.0 highest and $93 lowest target. $143.41’s average target is 4.81% above currents $136.83 stock price. Ecolab had 63 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Wednesday, November 1. Credit Suisse maintained Ecolab Inc. (NYSE:ECL) rating on Thursday, August 3. Credit Suisse has “Hold” rating and $12800 target. The firm has “Overweight” rating by Barclays Capital given on Wednesday, February 24. Canaccord Genuity maintained Ecolab Inc. (NYSE:ECL) rating on Thursday, June 1. Canaccord Genuity has “Buy” rating and $13500 target. The stock has “Neutral” rating by Longbow on Wednesday, February 22. On Wednesday, February 24 the stock rating was maintained by Deutsche Bank with “Hold”. Oppenheimer maintained it with “Buy” rating and $14100 target in Thursday, June 1 report. Goldman Sachs downgraded the stock to “Sell” rating in Monday, March 14 report. The firm earned “Hold” rating on Friday, January 5 by Citigroup. Stifel Nicolaus maintained Ecolab Inc. (NYSE:ECL) rating on Wednesday, January 24. Stifel Nicolaus has “Hold” rating and $153 target.

The stock increased 0.04% or $0.05 during the last trading session, reaching $136.83. About 1.40M shares traded or 4.08% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since March 14, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

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