Congress Asset Management Co. bought a new stake in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,295 shares of the industrial products company's stock, valued at approximately $349,000.
Other institutional investors have also added to or reduced their stakes in the company. Amalgamated Bank boosted its holdings in shares of Casella Waste Systems by 6.4% during the 3rd quarter. Amalgamated Bank now owns 2,110 shares of the industrial products company's stock worth $210,000 after buying an additional 126 shares in the last quarter. Integrated Investment Consultants LLC boosted its holdings in shares of Casella Waste Systems by 2.2% during the 4th quarter. Integrated Investment Consultants LLC now owns 7,607 shares of the industrial products company's stock worth $805,000 after buying an additional 165 shares in the last quarter. Harbor Investment Advisory LLC boosted 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 worth $84,000 after buying an additional 185 shares in the last quarter. Mather Group LLC. boosted its holdings 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 buying an additional 241 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Casella Waste Systems by 9.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,932 shares of the industrial products company's stock worth $292,000 after buying an additional 265 shares in the last quarter. 99.51% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on CWST shares. William Blair restated an "outperform" rating on shares of Casella Waste Systems in a report on Friday, February 14th. Jefferies Financial Group lowered 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 research report on Thursday, January 23rd. Stifel Nicolaus upped their target price on Casella Waste Systems from $127.00 to $129.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Casella Waste Systems from $114.00 to $107.00 and set a "hold" rating on the stock in a research report on Friday, November 1st. Two investment 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. According to MarketBeat, Casella Waste Systems currently has an average rating of "Moderate Buy" and a consensus price target of $117.75.
View Our Latest Report on Casella Waste Systems
Casella Waste Systems Stock Down 1.5 %
NASDAQ CWST traded down $1.71 on Friday, reaching $113.99. The company had a trading volume of 312,703 shares, compared to its average volume of 326,650. The stock has a market capitalization of $7.22 billion, a P/E ratio of 495.61, a P/E/G ratio of 3.87 and a beta of 1.04. The company's fifty day moving average is $108.02 and its 200 day moving average is $106.01. Casella Waste Systems, Inc. has a 52-week low of $86.41 and a 52-week high of $116.31. 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 EPS for the quarter, beating 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%. Sell-side analysts anticipate that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.
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.
Featured Articles
Before you consider Casella Waste Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Casella Waste Systems wasn't on the list.
While Casella Waste Systems currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
