Casella Waste Systems, Inc. (NASDAQ:CWST) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 607,954 shares of the industrial products company's stock after purchasing an additional 14,369 shares during the period. Charles Schwab Investment Management Inc. owned about 0.96% of Casella Waste Systems worth $64,328,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its position in shares of Casella Waste Systems by 156.5% during 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 in the last quarter. Fisher Asset Management LLC grew its position in shares of Casella Waste Systems by 168.8% during the 4th quarter. Fisher Asset Management LLC now owns 32,180 shares of the industrial products company's stock worth $3,405,000 after buying an additional 20,208 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Casella Waste Systems by 13.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 80,357 shares of the industrial products company's stock worth $8,503,000 after buying an additional 9,618 shares in the last quarter. Handelsbanken Fonder AB boosted its position in Casella Waste Systems by 14.7% during the fourth quarter. Handelsbanken Fonder AB now owns 16,400 shares of the industrial products company's stock valued at $1,735,000 after purchasing an additional 2,100 shares in the last quarter. Finally, TimesSquare Capital Management LLC grew its stake in Casella Waste Systems by 13.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 647,002 shares of the industrial products company's stock valued at $68,459,000 after purchasing an additional 76,385 shares during the last quarter. Institutional investors own 99.51% of the company's stock.

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Casella Waste Systems Stock Up 1.2 %

Shares of CWST stock traded up $1.23 during trading hours on Friday, reaching $107.50. 329,884 shares of the company's stock were exchanged, compared to its average volume of 359,277. Casella Waste Systems, Inc. has a 1 year low of $86.41 and a 1 year high of $116.31. The stock has a market cap of $6.81 billion, a PE ratio of 467.39, a PEG ratio of 3.86 and a beta of 1.05. The company has a current ratio of 2.00, a quick ratio of 2.48 and a debt-to-equity ratio of 0.70. The stock's fifty day moving average price is $109.39 and its two-hundred day moving average price is $106.66.

Casella Waste Systems (NASDAQ:CWST - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share 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%. Research analysts predict that Casella Waste Systems, Inc. will post 1.16 EPS for the current year.

Analyst Ratings Changes

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

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.