Robeco Institutional Asset Management B.V. Sells 6,227 Shares of Waste Connections, Inc. (NYSE:WCN)

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Waste Connections, Inc. (NYSE:WCN - Free Report) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,883 shares of the business services provider's stock after selling 6,227 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Waste Connections were worth $13,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of WCN. Global Trust Asset Management LLC bought a new stake in Waste Connections during the third quarter valued at about $36,000. FSA Wealth Management LLC bought a new position in shares of Waste Connections during the 3rd quarter valued at approximately $40,000. Asset Dedication LLC purchased a new stake in Waste Connections in the 3rd quarter worth approximately $41,000. Continuum Advisory LLC raised its stake in Waste Connections by 58.0% during the 3rd quarter. Continuum Advisory LLC now owns 226 shares of the business services provider's stock worth $42,000 after acquiring an additional 83 shares during the period. Finally, Kennebec Savings Bank purchased a new position in Waste Connections during the third quarter valued at approximately $47,000. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WCN has been the subject of a number of analyst reports. Oppenheimer increased their price objective on shares of Waste Connections from $192.00 to $195.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Eight Capital upgraded Waste Connections to a "hold" rating in a research report on Wednesday, October 9th. CIBC cut their target price on Waste Connections from $215.00 to $212.00 and set an "outperform" rating for the company in a research report on Thursday, December 19th. JPMorgan Chase & Co. lowered their price target on Waste Connections from $198.00 to $197.00 and set an "overweight" rating on the stock in a report on Friday, October 25th. Finally, Scotiabank dropped their price target on Waste Connections from $196.00 to $192.00 and set a "sector perform" rating for the company in a research note on Monday, January 27th. Five research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Waste Connections currently has an average rating of "Moderate Buy" and a consensus target price of $199.06.

Waste Connections Trading Up 0.2 %

WCN traded up $0.38 on Tuesday, hitting $187.71. The company had a trading volume of 894,916 shares, compared to its average volume of 943,219. The company has a market cap of $48.44 billion, a PE ratio of 51.57, a PEG ratio of 2.88 and a beta of 0.77. Waste Connections, Inc. has a 12-month low of $153.07 and a 12-month high of $194.83. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.99. The business's fifty day simple moving average is $179.83 and its 200 day simple moving average is $181.00.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.