Institutional Investors Are Dumping Eca Marcellus Trust I (NYSE:ECT)

June 19, 2017 - By Nellie Frank

 Institutional Investors Are Dumping Eca Marcellus Trust I (NYSE:ECT)

Sentiment for Eca Marcellus Trust I (NYSE:ECT)

Eca Marcellus Trust I (NYSE:ECT) institutional sentiment decreased to 0.7 in Q4 2016. Its down -0.44, from 1.14 in 2016Q3. The ratio is negative, as 7 investment professionals increased or opened new positions, while 10 cut down and sold their stakes in Eca Marcellus Trust I. The investment professionals in our partner’s database now hold: 575,266 shares, up from 415,751 shares in 2016Q3. Also, the number of investment professionals holding Eca Marcellus Trust I in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 6 Increased: 5 New Position: 2.

ECA Marcellus Trust I is a statutory trust. The company has market cap of $39.70 million. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. It has a 8.31 P/E ratio. The Trust does not conduct any activities or activities.

It closed at $2.15 lastly. It is down 13.64% since June 19, 2016 and is uptrending. It has underperformed by 3.06% the S&P500.

United Bank Inc. holds 0.06% of its portfolio in Eca Marcellus Trust I for 67,725 shares. Amg National Trust Bank owns 34,421 shares or 0.01% of their US portfolio. Moreover, American Research & Management Co. has 0% invested in the company for 1,200 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Citadel Advisors Llc, a Illinois-based fund reported 16,005 shares.#img1#

Eca Marcellus Trust I (NYSE:ECT) Ratings Coverage

Ratings analysis reveals 0 of Eca Marcellus Trust I’s analysts are positive. Out of 2 Wall Street analysts rating Eca Marcellus Trust I, 0 give it “Buy”, 2 “Sell” rating, while 0 recommend “Hold”. ECT was included in 3 notes of analysts from August 28, 2015. The firm earned “Sell” rating on Friday, August 28 by Zacks. The stock has “Underperform” rating by Raymond James on Tuesday, September 1. The firm earned “Sell” rating on Tuesday, September 8 by Zacks.

More notable recent Eca Marcellus Trust I (NYSE:ECT) news were published by: Nasdaq.com which released: “ECA Marcellus Trust I (ECT) Ex-Dividend Date Scheduled for May 16, 2017” on May 15, 2017, also Seekingalpha.com with their article: “ECA Marcellus Trust I: Oversold Natural Gas Play” published on March 17, 2016, Zacks.com published: “ECA Marcellus Trust I (ECT) in Focus: Stock Jumps 5.4%” on February 18, 2015. More interesting news about Eca Marcellus Trust I (NYSE:ECT) were released by: Seekingalpha.com and their article: “Time to Buy ECA Marcellus Trust for 19 Years of Oil Dividends” published on July 22, 2011 as well as Seekingalpha.com‘s news article titled: “Are ECA Marcellus Trust Holders About To Get WHXed?” with publication date: March 19, 2013.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.