5,052 Shares in Casella Waste Systems, Inc. (NASDAQ:CWST) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new position in Casella Waste Systems, Inc. (NASDAQ:CWST - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,052 shares of the industrial products company's stock, valued at approximately $535,000.

A number of other large investors also recently modified their holdings of CWST. Mather Group LLC. raised its stake in Casella Waste Systems by 1,606.7% during the fourth quarter. Mather Group LLC. now owns 256 shares of the industrial products company's stock worth $27,000 after acquiring an additional 241 shares during the period. Jones Financial Companies Lllp raised 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 purchasing an additional 194 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of Casella Waste Systems during the 4th quarter worth approximately $58,000. Harbor Investment Advisory LLC lifted its holdings in shares of Casella Waste Systems by 30.2% in the 4th quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company's stock worth $84,000 after purchasing an additional 185 shares during the last quarter. Finally, Signaturefd LLC boosted its position in Casella Waste Systems by 16.4% during the 4th quarter. Signaturefd LLC now owns 802 shares of the industrial products company's stock valued at $85,000 after purchasing an additional 113 shares during the period. 99.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CWST shares. Jefferies Financial Group lowered Casella Waste Systems from a "buy" rating to a "hold" rating and dropped their target price for the stock from $115.00 to $113.00 in a research report on Thursday, January 23rd. Stifel Nicolaus increased 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. Finally, William Blair reissued an "outperform" rating on shares of Casella Waste Systems in a research note on Friday, February 14th. 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 company. Based on data from MarketBeat.com, Casella Waste Systems has an average rating of "Moderate Buy" and an average price target of $117.75.

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Casella Waste Systems Stock Performance

Shares of NASDAQ CWST traded down $0.04 during midday trading on Friday, reaching $110.70. 246,133 shares of the company traded hands, compared to its average volume of 327,482. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 481.30, a PEG ratio of 3.86 and a beta of 1.05. The stock has a 50-day moving average price of $109.73 and a 200 day moving average price of $106.98. Casella Waste Systems, Inc. has a 52 week low of $86.41 and a 52 week 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.

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, 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%. Sell-side analysts anticipate 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.