Integrated Investment Consultants LLC Has $805,000 Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Integrated Investment Consultants LLC boosted its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST) by 2.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,607 shares of the industrial products company’s stock after purchasing an additional 165 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Casella Waste Systems were worth $805,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Casella Waste Systems by 64.5% during the third quarter. GAMMA Investing LLC now owns 528 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 207 shares during the period. Eagle Bay Advisors LLC acquired a new stake in Casella Waste Systems during the fourth quarter worth approximately $58,000. Amalgamated Bank grew its position in Casella Waste Systems by 6.4% during the third 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. Vanguard Personalized Indexing Management LLC increased its stake in Casella Waste Systems by 12.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,743 shares of the industrial products company’s stock worth $272,000 after acquiring an additional 311 shares during the period. Finally, Verdence Capital Advisors LLC raised its holdings in Casella Waste Systems by 9.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,932 shares of the industrial products company’s stock valued at $292,000 after acquiring an additional 265 shares in the last quarter. Institutional investors and hedge funds own 99.51% of the company’s stock.

Insider Activity at Casella Waste Systems

In related news, SVP Paul Ligon sold 1,730 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $106.81, for a total transaction of $184,781.30. Following the sale, the senior vice president now owns 21,085 shares in the company, valued at $2,252,088.85. The trade was a 7.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 4.24% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CWST shares. William Blair began coverage on Casella Waste Systems in a report on Thursday, October 3rd. They set an “outperform” rating on the stock. Stifel Nicolaus increased their price objective on shares of Casella Waste Systems from $117.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Casella Waste Systems presently has a consensus rating of “Moderate Buy” and an average price target of $114.00.

Casella Waste Systems Price Performance

Shares of CWST stock opened at $111.49 on Friday. The business has a fifty day simple moving average of $108.64 and a 200 day simple moving average of $104.95. The company has a market cap of $7.06 billion, a P/E ratio of 929.08, a P/E/G ratio of 3.81 and a beta of 1.03. The company has a quick ratio of 2.48, a current ratio of 2.55 and a debt-to-equity ratio of 0.68. Casella Waste Systems, Inc. has a twelve month low of $83.50 and a twelve month high of $114.88.

Casella Waste Systems (NASDAQ:CWST) last posted its earnings results on Wednesday, October 30th. The industrial products company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). The company had revenue of $411.63 million during the quarter, compared to the consensus estimate of $412.59 million. Casella Waste Systems had a return on equity of 3.04% and a net margin of 0.46%. The firm’s revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $0.35 EPS. On average, sell-side analysts forecast that Casella Waste Systems, Inc. will post 0.65 EPS for the current fiscal year.

Casella Waste Systems 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.