Ecolab Inc. (ECL) At $141.01 Forms Bottom; Ancora Advisors Upped Mutualfirst Finl Com (MFSF) Position

April 5, 2018 - By Martha Paddon

Ecolab Inc. (NYSE:ECL) Logo

Ecolab Inc. (ECL) formed multiple bottom with $128.32 target or 9.00% below today’s $141.01 share price. Ecolab Inc. (ECL) has $40.66 billion valuation. The stock increased 1.54% or $2.14 during the last trading session, reaching $141.01. About 816,965 shares traded. Ecolab Inc. (NYSE:ECL) has risen 8.76% since April 5, 2017 and is uptrending. It has underperformed by 2.79% the S&P500.

Ancora Advisors Llc increased Mutualfirst Finl Inc Com (MFSF) stake by 5.36% reported in 2017Q4 SEC filing. Ancora Advisors Llc acquired 24,582 shares as Mutualfirst Finl Inc Com (MFSF)’s stock declined 6.88%. The Ancora Advisors Llc holds 483,247 shares with $18.63 million value, up from 458,665 last quarter. Mutualfirst Finl Inc Com now has $312.99M valuation. The stock decreased 0.41% or $0.15 during the last trading session, reaching $36.5. About 7,327 shares traded or 18.54% up from the average. MutualFirst Financial, Inc. (NASDAQ:MFSF) has risen 15.83% since April 5, 2017 and is uptrending. It has outperformed by 4.28% the S&P500.

Since March 7, 2018, it had 4 insider purchases, and 2 sales for $294.14 million activity. 4,800 Ecolab Inc. (NYSE:ECL) shares with value of $659,683 were sold by Inchaustegui Roberto. $860,301 worth of Ecolab Inc. (NYSE:ECL) shares were bought by ETTINGER JEFFREY M. $67.25 million worth of Ecolab Inc. (NYSE:ECL) was bought by GATES WILLIAM H III on Wednesday, March 14.

Among 23 analysts covering Ecolab (NYSE:ECL), 12 have Buy rating, 1 Sell and 10 Hold. Therefore 52% are positive. Ecolab has $215.0 highest and $93 lowest target. $143.83’s average target is 2.00% above currents $141.01 stock price. Ecolab had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Tuesday, November 7 by RBC Capital Markets. The rating was maintained by Credit Suisse with “Hold” on Thursday, August 3. The firm earned “Buy” rating on Tuesday, August 1 by Oppenheimer. The firm has “Buy” rating given on Tuesday, March 22 by Sterne Agee CRT. The company was downgraded on Monday, October 19 by Deutsche Bank. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, October 11 report. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, August 2. The stock has “Sell” rating by Goldman Sachs on Monday, March 14. On Tuesday, November 3 the stock rating was maintained by Piper Jaffray with “Overweight”. The company was maintained on Wednesday, October 11 by Canaccord Genuity.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.17, from 1.19 in 2017Q3. It is negative, as 46 investors sold Ecolab Inc. shares while 298 reduced holdings. 91 funds opened positions while 261 raised stakes. 215.19 million shares or 0.86% more from 213.37 million shares in 2017Q3 were reported. Pinnacle Fincl Prtn reported 10,095 shares or 0.14% of all its holdings. Nomura Asset Mngmt owns 37,685 shares or 0.06% of their US portfolio. Kingfisher Capital Ltd Llc holds 0.99% of its portfolio in Ecolab Inc. (NYSE:ECL) for 11,551 shares. Estabrook Mgmt has invested 0.01% in Ecolab Inc. (NYSE:ECL). Financial Engines Advisors Lc invested in 10 shares or 0% of the stock. Eagle Cap Management Limited Liability Corporation holds 21,848 shares or 1.58% of its portfolio. Jacobson Schmitt Advsrs Limited Liability Com holds 57,057 shares or 5.17% of its portfolio. Cadence Cap Mgmt Limited Co reported 2,138 shares. Williams Jones And Associates Ltd Liability Corporation has invested 2.15% in Ecolab Inc. (NYSE:ECL). Cap has 269,491 shares for 0.01% of their portfolio. Brown Advisory has 1.53% invested in Ecolab Inc. (NYSE:ECL) for 3.59 million shares. Kings Point Cap has invested 0.03% in Ecolab Inc. (NYSE:ECL). 294,162 are held by British Columbia Invest Management Corp. Moreover, Rench Wealth Mngmt has 0.26% invested in Ecolab Inc. (NYSE:ECL) for 3,021 shares. Sky Invest Group Limited Liability Corporation reported 20,502 shares.

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on May, 1. They expect $0.88 EPS, up 10.00% or $0.08 from last year’s $0.8 per share. ECL’s profit will be $253.75 million for 40.06 P/E if the $0.88 EPS becomes a reality. After $1.39 actual EPS reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts -36.69% negative EPS growth.

Investors sentiment decreased to 1.63 in Q4 2017. Its down 0.44, from 2.07 in 2017Q3. It fall, as 3 investors sold MFSF shares while 13 reduced holdings. 4 funds opened positions while 22 raised stakes. 3.60 million shares or 2.95% more from 3.50 million shares in 2017Q3 were reported. Macquarie Ltd invested in 9,484 shares or 0% of the stock. Dimensional Fund Lp reported 0.01% in MutualFirst Financial, Inc. (NASDAQ:MFSF). Vanguard Grp invested in 268,783 shares or 0% of the stock. Bridgeway Mngmt Inc accumulated 58,611 shares or 0.02% of the stock. Moreover, Citigroup has 0% invested in MutualFirst Financial, Inc. (NASDAQ:MFSF) for 2,379 shares. National Bank Of Mellon holds 0% or 31,437 shares in its portfolio. Geode Capital Management Limited Com owns 52,871 shares. James Investment Research has 0.03% invested in MutualFirst Financial, Inc. (NASDAQ:MFSF). Meeder Asset Management owns 438 shares for 0% of their portfolio. Ontario – Canada-based Royal National Bank & Trust Of Canada has invested 0% in MutualFirst Financial, Inc. (NASDAQ:MFSF). Bank & Trust Of America Corp De holds 5,111 shares. Morgan Stanley accumulated 14,621 shares or 0% of the stock. Rhumbline Advisers has 5,280 shares for 0% of their portfolio. Sei Investments reported 0% stake. Bessemer Group Inc accumulated 8,500 shares or 0% of the stock.

Among 2 analysts covering Mutualfirst Financial Inc (NASDAQ:MFSF), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Mutualfirst Financial Inc had 6 analyst reports since October 27, 2015 according to SRatingsIntel. As per Thursday, July 21, the company rating was initiated by DA Davidson. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. The stock of MutualFirst Financial, Inc. (NASDAQ:MFSF) earned “Neutral” rating by DA Davidson on Wednesday, July 26. Keefe Bruyette & Woods maintained MutualFirst Financial, Inc. (NASDAQ:MFSF) rating on Thursday, June 1. Keefe Bruyette & Woods has “Hold” rating and $3200 target. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Since October 27, 2017, it had 0 buys, and 12 selling transactions for $659,300 activity. VIATER CHARLES J had sold 292 shares worth $10,806 on Tuesday, March 20. MARIEN MICHAEL J sold $3,590 worth of stock or 100 shares. On Friday, October 27 the insider MCVICKER JERRY DEAN sold $144,079.

Ancora Advisors Llc decreased Chevron Corp New (NYSE:CVX) stake by 11,392 shares to 58,374 valued at $7.31 million in 2017Q4. It also reduced Select Sector Spdr Tr (XLV) stake by 5,141 shares and now owns 2,540 shares. Tronox Ltd (NYSE:TROX) was reduced too.

MutualFirst Financial, Inc. (NASDAQ:MFSF) Institutional Positions Chart