Asset Management One Co. Ltd. Has $39.09 Million Holdings in Waste Management, Inc. (NYSE:WM)

Asset Management One Co. Ltd. boosted its holdings in Waste Management, Inc. (NYSE:WM - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 191,615 shares of the business services provider's stock after buying an additional 1,365 shares during the period. Asset Management One Co. Ltd.'s holdings in Waste Management were worth $39,086,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WM. Activest Wealth Management raised its stake in Waste Management by 4,000.0% during the 3rd quarter. Activest Wealth Management now owns 123 shares of the business services provider's stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. Global Wealth Strategies & Associates raised its position in shares of Waste Management by 892.9% during the fourth quarter. Global Wealth Strategies & Associates now owns 139 shares of the business services provider's stock valued at $28,000 after buying an additional 125 shares during the last quarter. General Partner Inc. bought a new stake in shares of Waste Management in the fourth quarter valued at about $29,000. Sugar Maple Asset Management LLC acquired a new stake in Waste Management during the fourth quarter worth about $35,000. Finally, Richardson Financial Services Inc. increased its stake in Waste Management by 65.7% during the fourth quarter. Richardson Financial Services Inc. now owns 174 shares of the business services provider's stock valued at $35,000 after acquiring an additional 69 shares during the period. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Waste Management Price Performance

Shares of Waste Management stock traded up $1.57 during trading on Tuesday, reaching $229.30. The company's stock had a trading volume of 565,538 shares, compared to its average volume of 1,655,701. Waste Management, Inc. has a one year low of $196.59 and a one year high of $230.39. The stock has a 50-day moving average price of $212.32 and a two-hundred day moving average price of $212.45. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.00. The stock has a market capitalization of $92.04 billion, a P/E ratio of 33.70, a price-to-earnings-growth ratio of 2.70 and a beta of 0.78.

Waste Management (NYSE:WM - Get Free Report) last announced its earnings results on Wednesday, January 29th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.79 by ($0.09). Waste Management had a return on equity of 38.88% and a net margin of 12.45%. As a group, sell-side analysts anticipate that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Insider Buying and Selling at Waste Management

In related news, CAO John A. Carroll sold 209 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $220.55, for a total value of $46,094.95. Following the transaction, the chief accounting officer now owns 9,066 shares in the company, valued at $1,999,506.30. This trade represents a 2.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rafael Carrasco sold 4,000 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $225.89, for a total value of $903,560.00. Following the sale, the senior vice president now directly owns 18,531 shares of the company's stock, valued at $4,185,967.59. This represents a 17.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,055 shares of company stock worth $3,578,340. Insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

WM has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price objective on Waste Management from $213.00 to $219.00 and gave the stock a "neutral" rating in a report on Wednesday, October 30th. UBS Group boosted their price target on shares of Waste Management from $220.00 to $226.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th. Jefferies Financial Group reduced their price objective on shares of Waste Management from $255.00 to $238.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. StockNews.com cut shares of Waste Management from a "buy" rating to a "hold" rating in a research note on Friday, January 31st. Finally, Oppenheimer lifted their price objective on Waste Management from $231.00 to $237.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Waste Management presently has a consensus rating of "Moderate Buy" and a consensus price target of $235.94.

Waste Management Company Profile

Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.