Axiom Investors LLC DE Has $18.33 Million Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Axiom Investors LLC DE increased its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 25.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,192 shares of the industrial products company's stock after purchasing an additional 34,684 shares during the period. Axiom Investors LLC DE owned approximately 0.27% of Casella Waste Systems worth $18,325,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mather Group LLC. boosted its stake in shares of Casella Waste Systems by 1,606.7% during the 4th quarter. Mather Group LLC. now owns 256 shares of the industrial products company's stock worth $27,000 after acquiring an additional 241 shares in the last quarter. Jones Financial Companies Lllp boosted 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 worth $34,000 after purchasing an additional 194 shares during the period. Eagle Bay Advisors LLC bought a new stake in Casella Waste Systems during the fourth quarter worth approximately $58,000. Harbor Investment Advisory LLC grew its holdings in Casella Waste Systems by 30.2% during the fourth quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company's stock valued at $84,000 after purchasing an additional 185 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Casella Waste Systems by 16.4% in the fourth quarter. Signaturefd LLC now owns 802 shares of the industrial products company's stock valued at $85,000 after purchasing an additional 113 shares during the period. 99.51% of the stock is owned by institutional investors and hedge funds.

Casella Waste Systems Stock Performance

Shares of CWST traded down $0.70 on Friday, reaching $114.28. 626,180 shares of the stock traded hands, compared to its average volume of 332,651. The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 495.25, a P/E/G ratio of 3.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.00 and a quick ratio of 2.48. The stock's 50-day moving average price is $110.07 and its 200-day moving average price is $107.17. Casella Waste Systems, Inc. has a 12 month low of $86.41 and a 12 month 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.25. Casella Waste Systems had a net margin of 0.87% and a return on equity of 4.15%. Equities analysts forecast that Casella Waste Systems, Inc. will post 1.16 EPS for the current fiscal year.

Analyst Ratings Changes

CWST has been the subject of several recent analyst reports. Stifel Nicolaus upped their price objective on shares of Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Jefferies Financial Group downgraded Casella Waste Systems from a "buy" rating to a "hold" rating and lowered their price target for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Finally, William Blair reiterated an "outperform" rating on shares of Casella Waste Systems in a research note on Friday, February 14th. Two equities research 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 company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $117.75.

About Casella Waste Systems

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.