Corient Private Wealth LLC Has $579,000 Stock Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Corient Private Wealth LLC trimmed its position in shares of Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 52.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,469 shares of the industrial products company's stock after selling 5,917 shares during the quarter. Corient Private Wealth LLC's holdings in Casella Waste Systems were worth $579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Integrated Investment Consultants LLC lifted its stake in Casella Waste Systems by 2.2% in the fourth quarter. Integrated Investment Consultants LLC now owns 7,607 shares of the industrial products company's stock valued at $805,000 after acquiring an additional 165 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings 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 valued at $84,000 after purchasing an additional 185 shares in the last quarter. Jones Financial Companies Lllp lifted 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 valued at $34,000 after purchasing an additional 194 shares during the last quarter. Principal Securities Inc. boosted its holdings in 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 worth $209,000 after purchasing an additional 196 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in Casella Waste Systems by 1.6% in the fourth quarter. Valmark Advisers Inc. now owns 14,499 shares of the industrial products company's stock worth $1,534,000 after purchasing an additional 225 shares in the last quarter. Institutional investors own 99.51% of the company's stock.

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Analysts Set New Price Targets

Several analysts have recently issued reports on CWST shares. Stifel Nicolaus upped their price target on Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. William Blair reiterated an "outperform" rating on shares of Casella Waste Systems in a research note on Friday, February 14th. Finally, 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. Two equities 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $117.75.

Casella Waste Systems Stock Performance

Shares of NASDAQ CWST traded up $1.61 during mid-day trading on Wednesday, hitting $114.29. The company had a trading volume of 413,322 shares, compared to its average volume of 330,215. Casella Waste Systems, Inc. has a 12 month low of $86.41 and a 12 month high of $116.31. 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 firm has a market cap of $7.24 billion, a P/E ratio of 496.91, a PEG ratio of 3.86 and a beta of 1.05. The business's 50-day simple moving average is $109.89 and its 200-day simple moving average is $107.12.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. As a group, analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

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.