Waste Connections, Inc. (NYSE:WCN) Shares Bought by Appleton Partners Inc. MA

Appleton Partners Inc. MA boosted its position in shares of Waste Connections, Inc. (NYSE:WCN - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,793 shares of the business services provider's stock after buying an additional 2,392 shares during the period. Appleton Partners Inc. MA's holdings in Waste Connections were worth $8,543,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in WCN. Principal Financial Group Inc. boosted its position in shares of Waste Connections by 307.1% during the 3rd quarter. Principal Financial Group Inc. now owns 1,927,155 shares of the business services provider's stock valued at $344,615,000 after acquiring an additional 1,453,733 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in Waste Connections by 432.6% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,259,312 shares of the business services provider's stock valued at $225,078,000 after purchasing an additional 1,022,851 shares during the last quarter. National Bank of Canada FI grew its stake in shares of Waste Connections by 35.3% in the 3rd quarter. National Bank of Canada FI now owns 2,678,562 shares of the business services provider's stock worth $478,777,000 after buying an additional 699,012 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Waste Connections by 44.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,964,082 shares of the business services provider's stock worth $351,037,000 after buying an additional 602,055 shares in the last quarter. Finally, Two Sigma Advisers LP increased its holdings in shares of Waste Connections by 199.4% in the 3rd quarter. Two Sigma Advisers LP now owns 591,250 shares of the business services provider's stock worth $105,727,000 after buying an additional 393,763 shares during the last quarter. Hedge funds and other institutional investors own 86.09% of the company's stock.

Waste Connections Stock Up 0.2 %

Shares of WCN traded up $0.30 during mid-day trading on Tuesday, hitting $189.88. The company's stock had a trading volume of 608,351 shares, compared to its average volume of 921,369. The firm has a market capitalization of $49.00 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 2.97 and a beta of 0.77. The company's 50-day moving average is $179.48 and its 200-day moving average is $181.33. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99. Waste Connections, Inc. has a 52-week low of $153.07 and a 52-week high of $194.83.

Wall Street Analysts Forecast Growth

WCN has been the subject of several recent research reports. JPMorgan Chase & Co. dropped their price target on Waste Connections from $198.00 to $197.00 and set an "overweight" rating for the company in a research report on Friday, October 25th. BMO Capital Markets dropped their target price on Waste Connections from $198.00 to $196.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Scotiabank decreased their price target on Waste Connections from $196.00 to $192.00 and set a "sector perform" rating on the stock in a report on Monday, January 27th. CIBC lowered their price target on Waste Connections from $215.00 to $212.00 and set an "outperform" rating for the company in a research report on Thursday, December 19th. Finally, Jefferies Financial Group dropped their target price on Waste Connections from $225.00 to $210.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $199.06.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.