Asset Management One Co. Ltd. Sells 3,132 Shares of Casella Waste Systems, Inc. (NASDAQ:CWST)

Asset Management One Co. Ltd. decreased its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 151,290 shares of the industrial products company's stock after selling 3,132 shares during the period. Asset Management One Co. Ltd. owned approximately 0.24% of Casella Waste Systems worth $16,021,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Amalgamated Bank boosted its stake in Casella Waste Systems by 6.4% in the third quarter. Amalgamated Bank now owns 2,110 shares of the industrial products company's stock valued at $210,000 after buying an additional 126 shares in the last quarter. Integrated Investment Consultants LLC grew its holdings in shares of 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 valued at $805,000 after purchasing an additional 165 shares during the last quarter. Harbor Investment Advisory LLC boosted its holdings in shares of Casella Waste Systems by 30.2% during the 4th quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company's stock valued at $84,000 after acquiring an additional 185 shares in the last quarter. Mather Group LLC. increased its holdings in Casella Waste Systems by 1,606.7% in the 4th quarter. Mather Group LLC. now owns 256 shares of the industrial products company's stock worth $27,000 after purchasing an additional 241 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its position in Casella Waste Systems by 9.9% in the third quarter. Verdence Capital Advisors LLC now owns 2,932 shares of the industrial products company's stock valued at $292,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 99.51% of the company's stock.

Casella Waste Systems Trading Up 0.7 %

CWST stock traded up $0.85 during midday trading on Wednesday, hitting $115.86. The stock had a trading volume of 549,591 shares, compared to its average volume of 323,913. The company has a current ratio of 2.55, a quick ratio of 2.48 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average price of $107.76 and a two-hundred day moving average price of $105.88. Casella Waste Systems, Inc. has a 1-year low of $86.41 and a 1-year high of $115.92. The firm has a market cap of $7.34 billion, a P/E ratio of 503.74, a price-to-earnings-growth ratio of 4.60 and a beta of 1.04.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.46% and a net margin of 0.87%. On average, sell-side analysts predict that Casella Waste Systems, Inc. will post 0.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CWST. Stifel Nicolaus upped their price objective on Casella Waste Systems from $127.00 to $129.00 and gave the company a "buy" rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut their price target on shares of Casella Waste Systems from $114.00 to $107.00 and set a "hold" rating on the stock in a report on Friday, November 1st. William Blair restated an "outperform" rating on shares of Casella Waste Systems in a report on Friday, February 14th. Finally, Jefferies Financial Group lowered Casella Waste Systems from a "buy" rating to a "hold" rating and reduced their price target for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $114.20.

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.