Blair William & Co. IL Boosts Stock Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Blair William & Co. IL grew its stake in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 304.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,196 shares of the industrial products company’s stock after buying an additional 22,726 shares during the quarter. Blair William & Co. IL’s holdings in Casella Waste Systems were worth $3,195,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Mather Group LLC. grew its position 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 worth $27,000 after acquiring an additional 241 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Casella Waste Systems by 156.5% in the fourth 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 last quarter. Eagle Bay Advisors LLC bought a new position in shares of Casella Waste Systems in the fourth quarter worth approximately $58,000. Harbor Investment Advisory LLC increased its stake in shares of Casella Waste Systems by 30.2% in the fourth 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 during the period. Finally, Signaturefd LLC raised its holdings 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 buying an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 99.51% of the company’s stock.

Casella Waste Systems Trading Up 0.7 %

NASDAQ:CWST opened at $111.51 on Tuesday. Casella Waste Systems, Inc. has a 12 month low of $86.41 and a 12 month high of $116.31. 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 company has a 50-day moving average price of $109.73 and a 200-day moving average price of $107.03. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 484.83, a P/E/G ratio of 3.86 and a beta of 1.05.

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, beating the consensus estimate of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. Equities analysts predict that Casella Waste Systems, Inc. will post 1.16 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CWST shares. William Blair reissued an “outperform” rating on shares of Casella Waste Systems in a report on Friday, February 14th. Stifel Nicolaus boosted their price target on Casella Waste Systems from $127.00 to $129.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered Casella Waste Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.