Advantage Alpha Capital Partners LP Has $5.58 Million Stock Position in Casella Waste Systems, Inc. (NASDAQ:CWST)

Advantage Alpha Capital Partners LP grew its stake in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 29.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,735 shares of the industrial products company's stock after purchasing an additional 12,082 shares during the quarter. Casella Waste Systems makes up 1.3% of Advantage Alpha Capital Partners LP's holdings, making the stock its 25th biggest position. Advantage Alpha Capital Partners LP owned about 0.08% of Casella Waste Systems worth $5,580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Signaturefd LLC lifted its holdings in shares of Casella Waste Systems by 16.4% in the 4th quarter. Signaturefd LLC now owns 802 shares of the industrial products company's stock worth $85,000 after acquiring an additional 113 shares during the last quarter. Integrated Investment Consultants LLC grew its stake in Casella Waste Systems by 2.2% during the 4th quarter. Integrated Investment Consultants LLC now owns 7,607 shares of the industrial products company's stock worth $805,000 after buying an additional 165 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in Casella Waste Systems by 30.2% in the fourth quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company's stock valued at $84,000 after purchasing an additional 185 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Casella Waste Systems by 156.5% during the 4th quarter. Jones Financial Companies Lllp now owns 318 shares of the industrial products company's stock worth $34,000 after buying an additional 194 shares in the last quarter. Finally, Principal Securities Inc. grew its holdings in shares of Casella Waste Systems by 11.0% in the 4th quarter. Principal Securities Inc. now owns 1,979 shares of the industrial products company's stock worth $209,000 after acquiring an additional 196 shares during the period. Institutional investors and hedge funds own 99.51% of the company's stock.

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Casella Waste Systems Price Performance

Shares of NASDAQ:CWST traded up $0.25 during trading on Thursday, reaching $110.94. The stock had a trading volume of 87,958 shares, compared to its average volume of 318,679. The business's 50-day moving average price is $109.77 and its 200 day moving average price is $106.91. The stock has a market capitalization of $7.03 billion, a PE ratio of 481.89, a P/E/G ratio of 3.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.00 and a quick ratio of 2.48. Casella Waste Systems, Inc. has a 52 week low of $86.41 and a 52 week high of $116.31.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last posted its earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. As a group, equities analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. William Blair reiterated an "outperform" rating on shares of Casella Waste Systems in a report on Friday, February 14th. Stifel Nicolaus raised their price target on Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Finally, Jefferies Financial Group cut shares of Casella Waste Systems from a "buy" rating to a "hold" rating and cut their price objective for the company from $115.00 to $113.00 in a research note on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $117.75.

Casella Waste Systems Profile

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers.