Xponance Inc. Grows Position in Casella Waste Systems, Inc. (NASDAQ:CWST)

Xponance Inc. boosted its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST) by 11.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,488 shares of the industrial products company’s stock after buying an additional 461 shares during the quarter. Xponance Inc.’s holdings in Casella Waste Systems were worth $475,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CWST. Signaturefd LLC boosted its stake in shares of Casella Waste Systems by 16.4% in the 4th quarter. Signaturefd LLC now owns 802 shares of the industrial products company’s stock worth $85,000 after buying an additional 113 shares during the last quarter. Integrated Investment Consultants LLC grew its stake in shares of Casella Waste Systems by 2.2% during the 4th quarter. Integrated Investment Consultants LLC now owns 7,607 shares of the industrial products company’s stock valued at $805,000 after purchasing an additional 165 shares during the period. Harbor Investment Advisory LLC increased its position in shares of Casella Waste Systems by 30.2% during the 4th quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 185 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Casella Waste Systems by 156.5% in 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. Finally, Principal Securities Inc. boosted its stake in shares of Casella Waste Systems by 11.0% during the 4th quarter. Principal Securities Inc. now owns 1,979 shares of the industrial products company’s stock worth $209,000 after acquiring an additional 196 shares during the last quarter. Institutional investors own 99.51% of the company’s stock.

Casella Waste Systems Price Performance

Shares of CWST stock opened at $110.69 on Thursday. The company has a market cap of $7.01 billion, a P/E ratio of 481.26, a PEG ratio of 3.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.00 and a quick ratio of 2.48. The stock’s 50-day moving average is $109.77 and its 200 day moving average is $106.91. Casella Waste Systems, Inc. has a 1-year low of $86.41 and a 1-year high of $116.31.

Casella Waste Systems (NASDAQ:CWST) last issued its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share (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%. Research analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CWST has been the topic of a number of analyst reports. William Blair reaffirmed an “outperform” rating on shares of Casella Waste Systems in a research report on Friday, February 14th. Jefferies Financial Group lowered Casella Waste Systems from a “buy” rating to a “hold” rating and cut their price objective for the company from $115.00 to $113.00 in a research report on Thursday, January 23rd. Finally, Stifel Nicolaus raised their target price on shares of Casella Waste Systems from $127.00 to $129.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Two equities research 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.75.

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.