DF Dent & Co. Inc. grew its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 22.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 237,541 shares of the industrial products company's stock after purchasing an additional 44,278 shares during the quarter. DF Dent & Co. Inc. owned approximately 0.38% of Casella Waste Systems worth $25,134,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the stock. Cerity Partners LLC boosted its position in shares of Casella Waste Systems by 18.9% in the third quarter. Cerity Partners LLC now owns 9,295 shares of the industrial products company's stock worth $925,000 after buying an additional 1,478 shares during the period. The Manufacturers Life Insurance Company grew its position in Casella Waste Systems by 2.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 35,321 shares of the industrial products company's stock valued at $3,514,000 after buying an additional 993 shares in the last quarter. FMR LLC increased its position in shares of Casella Waste Systems by 37.4% during the 3rd quarter. FMR LLC now owns 6,846 shares of the industrial products company's stock valued at $681,000 after purchasing an additional 1,863 shares during the period. BNP Paribas Financial Markets boosted its holdings in Casella Waste Systems by 41.4% during the third quarter. BNP Paribas Financial Markets now owns 32,206 shares of the industrial products company's stock worth $3,204,000 after buying an additional 9,424 shares in the last quarter. Finally, MetLife Investment Management LLC increased its stake in Casella Waste Systems by 6.2% in the 3rd quarter. MetLife Investment Management LLC now owns 35,058 shares of the industrial products company's stock worth $3,488,000 after purchasing an additional 2,049 shares in the last quarter. Institutional investors and hedge funds own 99.51% of the company's stock.
Casella Waste Systems Trading Up 2.4 %
Shares of CWST traded up $2.49 during trading hours on Tuesday, reaching $106.52. 183,472 shares of the company traded hands, compared to its average volume of 339,255. Casella Waste Systems, Inc. has a 12 month low of $86.41 and a 12 month high of $116.31. The company's fifty day moving average price is $110.09 and its two-hundred day moving average price is $107.24. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 465.98, a price-to-earnings-growth ratio of 3.86 and a beta of 0.96. The company has a quick ratio of 2.48, a current ratio of 2.00 and a debt-to-equity ratio of 0.70.
Casella Waste Systems (NASDAQ:CWST - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. Equities research analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on CWST shares. William Blair reiterated an "outperform" rating on shares of Casella Waste Systems in a report on Friday, February 14th. Jefferies Financial Group lowered shares of Casella Waste Systems from a "buy" rating to a "hold" rating and lowered their target price for the stock from $115.00 to $113.00 in a report on Thursday, January 23rd. Finally, Stifel Nicolaus upped their target price on shares of Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $117.75.
View Our Latest Analysis on CWST
Casella Waste Systems Profile
(
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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