Teton Advisors Inc. Has $1.27 Million Stock Position in Casella Waste Systems, Inc. (NASDAQ:CWST)

Teton Advisors Inc. cut its holdings in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the industrial products company’s stock after selling 3,000 shares during the quarter. Teton Advisors Inc.’s holdings in Casella Waste Systems were worth $1,270,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of CWST. Mather Group LLC. raised its stake in 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 valued at $27,000 after purchasing an additional 241 shares during the last quarter. Covestor Ltd grew its position in Casella Waste Systems by 124.4% in the 4th quarter. Covestor Ltd now owns 276 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 153 shares during the last quarter. Jones Financial Companies Lllp increased its holdings 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. Huntington National Bank raised its position in shares of Casella Waste Systems by 171.6% during the fourth quarter. Huntington National Bank now owns 364 shares of the industrial products company’s stock valued at $39,000 after buying an additional 230 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Casella Waste Systems in the fourth quarter valued at about $58,000. 99.51% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. UBS Group upped their price target on Casella Waste Systems from $130.00 to $135.00 and gave the company a “buy” rating in a report on Friday. Stifel Nicolaus raised 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, February 18th. William Blair reiterated an “outperform” rating on shares of Casella Waste Systems in a research note on Friday, February 14th. TD Cowen initiated coverage on shares of Casella Waste Systems in a research note on Wednesday, April 9th. They issued a “buy” rating and a $130.00 price objective for the company. Finally, Jefferies Financial Group lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating and decreased their target price for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $122.67.

Casella Waste Systems Trading Up 1.9 %

Shares of Casella Waste Systems stock opened at $117.23 on Tuesday. Casella Waste Systems, Inc. has a 12-month low of $86.41 and a 12-month high of $118.63. The stock has a market capitalization of $7.43 billion, a P/E ratio of 509.70, a price-to-earnings-growth ratio of 3.86 and a beta of 0.96. The company has a 50-day simple moving average of $110.50 and a 200 day simple moving average of $107.75. 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) last posted its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.25. Casella Waste Systems had a net margin of 0.87% and a return on equity of 4.15%. Research analysts expect that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

About Casella Waste Systems

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.