Axiom Investors LLC DE raised its stake in shares of Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 25.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,192 shares of the industrial products company's stock after acquiring an additional 34,684 shares during the period. Axiom Investors LLC DE owned about 0.27% of Casella Waste Systems worth $18,325,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC lifted its position in shares of Casella Waste Systems by 16.4% during 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 in the last quarter. Integrated Investment Consultants LLC increased its stake in Casella Waste Systems by 2.2% in the 4th quarter. Integrated Investment Consultants LLC now owns 7,607 shares of the industrial products company's stock valued at $805,000 after buying an additional 165 shares during the last quarter. Harbor Investment Advisory LLC lifted its position 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 worth $84,000 after buying an additional 185 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Casella Waste Systems by 156.5% in the 4th quarter. Jones Financial Companies Lllp now owns 318 shares of the industrial products company's stock worth $34,000 after buying an additional 194 shares during the last quarter. Finally, Principal Securities Inc. grew its holdings in shares of Casella Waste Systems by 11.0% in the fourth quarter. Principal Securities Inc. now owns 1,979 shares of the industrial products company's stock valued at $209,000 after acquiring an additional 196 shares in the last quarter. 99.51% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on CWST. William Blair restated an "outperform" rating on shares of Casella Waste Systems in a research note on Friday, February 14th. Jefferies Financial Group lowered shares of 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. Finally, Stifel Nicolaus raised 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. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Casella Waste Systems presently has an average rating of "Moderate Buy" and a consensus target price of $117.75.
View Our Latest Analysis on Casella Waste Systems
Casella Waste Systems Price Performance
NASDAQ:CWST traded up $1.17 during trading hours on Tuesday, hitting $112.68. 553,726 shares of the company's stock traded hands, compared to its average volume of 330,024. The firm has a market cap of $7.14 billion, a P/E ratio of 489.91, a P/E/G ratio of 3.86 and a beta of 1.05. The company has a quick ratio of 2.48, a current ratio of 2.00 and a debt-to-equity ratio of 0.70. The business's fifty day simple moving average is $109.77 and its two-hundred day simple moving average is $107.07. 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 quarterly earnings data 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 net margin of 0.87% and a return on equity of 4.15%. On average, research analysts anticipate that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.
About Casella Waste Systems
(
Free Report)
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.
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