B. Metzler seel. Sohn & Co. AG Has $6.03 Million Stake in Casella Waste Systems, Inc. (NASDAQ:CWST)

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,944 shares of the industrial products company's stock after purchasing an additional 4,120 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned about 0.09% of Casella Waste Systems worth $6,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Casella Waste Systems by 87.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 78,549 shares of the industrial products company's stock worth $7,815,000 after buying an additional 36,573 shares during the last quarter. Geode Capital Management LLC raised its stake in Casella Waste Systems by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,430,958 shares of the industrial products company's stock valued at $142,393,000 after purchasing an additional 109,288 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Casella Waste Systems by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 607,954 shares of the industrial products company's stock valued at $64,328,000 after purchasing an additional 14,369 shares during the period. Stifel Financial Corp grew its position in Casella Waste Systems by 22.9% in the 3rd quarter. Stifel Financial Corp now owns 31,563 shares of the industrial products company's stock worth $3,140,000 after purchasing an additional 5,888 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Casella Waste Systems during the 4th quarter worth about $201,000. Institutional investors and hedge funds own 99.51% of the company's stock.

Casella Waste Systems Price Performance

NASDAQ CWST traded down $6.41 on Friday, reaching $108.57. The company's stock had a trading volume of 1,798,838 shares, compared to its average volume of 337,386. The firm has a market cap of $6.88 billion, a PE ratio of 472.04, a price-to-earnings-growth ratio of 3.86 and a beta of 0.96. The company has a current ratio of 2.00, a quick ratio of 2.48 and a debt-to-equity ratio of 0.70. Casella Waste Systems, Inc. has a 52 week low of $86.41 and a 52 week high of $116.31. The business has a 50-day moving average price of $110.14 and a 200 day moving average price of $107.18.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last issued 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%. Sell-side analysts expect that Casella Waste Systems, Inc. will post 1.16 EPS for the current year.

Analysts Set New Price Targets

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

Casella Waste Systems Company 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.