B. Metzler seel. Sohn & Co. Holding AG Invests $5.26 Million in Casella Waste Systems, Inc. (NASDAQ:CWST)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 52,824 shares of the industrial products company's stock, valued at approximately $5,255,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.09% of Casella Waste Systems as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Casella Waste Systems by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,536,410 shares of the industrial products company's stock worth $547,385,000 after purchasing an additional 57,540 shares during the last quarter. Conestoga Capital Advisors LLC lifted its position in shares of Casella Waste Systems by 3.1% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 3,386,970 shares of the industrial products company's stock worth $336,055,000 after buying an additional 101,995 shares during the last quarter. Earnest Partners LLC boosted its holdings in shares of Casella Waste Systems by 3.2% in the 2nd quarter. Earnest Partners LLC now owns 1,680,358 shares of the industrial products company's stock valued at $166,725,000 after buying an additional 51,516 shares in the last quarter. Geneva Capital Management LLC grew its position in shares of Casella Waste Systems by 0.4% in the 3rd quarter. Geneva Capital Management LLC now owns 1,040,619 shares of the industrial products company's stock valued at $103,531,000 after buying an additional 4,324 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Casella Waste Systems by 3.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 861,463 shares of the industrial products company's stock worth $85,476,000 after acquiring an additional 26,189 shares in the last quarter. 99.51% of the stock is currently owned by hedge funds and other institutional investors.

Casella Waste Systems Stock Performance

CWST stock traded down $0.31 during trading on Wednesday, hitting $109.05. The company had a trading volume of 279,584 shares, compared to its average volume of 315,720. Casella Waste Systems, Inc. has a 1-year low of $79.16 and a 1-year high of $111.01. The firm has a 50-day moving average price of $102.81 and a 200-day moving average price of $101.83. The company has a quick ratio of 2.48, a current ratio of 2.55 and a debt-to-equity ratio of 0.68. The firm has a market cap of $6.90 billion, a PE ratio of 908.75, a price-to-earnings-growth ratio of 6.31 and a beta of 0.99.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.01). The company had revenue of $411.63 million for the quarter, compared to analyst estimates of $412.59 million. Casella Waste Systems had a return on equity of 3.04% and a net margin of 0.46%. Casella Waste Systems's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.35 earnings per share. On average, analysts expect that Casella Waste Systems, Inc. will post 0.65 earnings per share for the current year.

Insider Transactions at Casella Waste Systems

In other Casella Waste Systems news, SVP Paul Ligon sold 1,730 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $106.81, for a total transaction of $184,781.30. Following the sale, the senior vice president now directly owns 21,085 shares in the company, valued at approximately $2,252,088.85. The trade was a 7.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. William Blair began coverage on shares of Casella Waste Systems in a research note on Thursday, October 3rd. They issued an "outperform" rating for the company. Deutsche Bank Aktiengesellschaft decreased their target price on Casella Waste Systems from $114.00 to $107.00 and set a "hold" rating for the company in a research report on Friday, November 1st. Raymond James lifted their price target on Casella Waste Systems from $121.00 to $122.00 and gave the stock a "strong-buy" rating in a research report on Thursday, September 19th. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $117.00 price objective (up from $110.00) on shares of Casella Waste Systems in a report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Casella Waste Systems currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.50.

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.