Sei Investments Co. Buys 43,657 Shares of Casella Waste Systems, Inc. (NASDAQ:CWST)

Sei Investments Co. lifted its position in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 449,984 shares of the industrial products company's stock after acquiring an additional 43,657 shares during the quarter. Sei Investments Co. owned approximately 0.71% of Casella Waste Systems worth $47,613,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. lifted its holdings in shares of Casella Waste Systems by 1,606.7% in the fourth quarter. Mather Group LLC. now owns 256 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 241 shares in the last quarter. Jones Financial Companies Lllp raised its position in Casella Waste Systems by 156.5% during the fourth quarter. Jones Financial Companies Lllp now owns 318 shares of the industrial products company's stock valued at $34,000 after buying an additional 194 shares during the period. Eagle Bay Advisors LLC purchased a new stake in Casella Waste Systems in the 4th quarter worth about $58,000. Harbor Investment Advisory LLC boosted its position in 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 worth $84,000 after acquiring an additional 185 shares during the period. Finally, Signaturefd LLC boosted its position in Casella Waste Systems by 16.4% during the 4th quarter. Signaturefd LLC now owns 802 shares of the industrial products company's stock worth $85,000 after acquiring an additional 113 shares during the period. Institutional investors and hedge funds own 99.51% of the company's stock.

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Casella Waste Systems Stock Up 0.0 %

Shares of NASDAQ CWST traded up $0.05 during trading hours on Thursday, hitting $110.74. The stock had a trading volume of 244,558 shares, compared to its average volume of 319,287. The company has a market capitalization of $7.02 billion, a P/E ratio of 481.48, a P/E/G ratio of 3.86 and a beta of 1.05. The firm's 50-day moving average price is $109.77 and its two-hundred day moving average price is $106.91. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.48 and a current ratio of 2.00. Casella Waste Systems, Inc. has a 52 week low of $86.41 and a 52 week high of $116.31.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last posted its earnings results on Wednesday, February 12th. The industrial products company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.16 by $0.25. Casella Waste Systems had a net margin of 0.87% and a return on equity of 4.15%. Analysts anticipate that Casella Waste Systems, Inc. will post 1.16 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.