Catawba River Capital Has $8.60 Million Position in Casella Waste Systems, Inc. (NASDAQ:CWST)

Catawba River Capital reduced its holdings in Casella Waste Systems, Inc. (NASDAQ:CWST) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,269 shares of the industrial products company’s stock after selling 253 shares during the quarter. Casella Waste Systems accounts for 5.1% of Catawba River Capital’s holdings, making the stock its 7th biggest position. Catawba River Capital owned about 0.13% of Casella Waste Systems worth $8,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mather Group LLC. lifted its position in shares of 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 acquiring an additional 241 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Casella Waste Systems by 64.5% in the 3rd quarter. GAMMA Investing LLC now owns 528 shares of the industrial products company’s stock valued at $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 4th quarter worth about $58,000. Harbor Investment Advisory LLC grew its holdings in shares of Casella Waste Systems by 30.2% during the fourth quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company’s stock valued at $84,000 after buying an additional 185 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in Casella Waste Systems by 69.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,495 shares of the industrial products company’s stock worth $158,000 after acquiring an additional 611 shares in the last quarter. 99.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CWST has been the subject of a number of research analyst reports. Stifel Nicolaus increased their price target on shares of Casella Waste Systems from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Jefferies Financial Group lowered Casella Waste Systems from a “buy” rating to a “hold” rating and reduced their target price for the stock from $115.00 to $113.00 in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $113.80.

Casella Waste Systems Price Performance

Shares of CWST stock opened at $108.52 on Tuesday. The company has a market capitalization of $6.87 billion, a P/E ratio of 904.33, a P/E/G ratio of 3.89 and a beta of 1.04. The company has a current ratio of 2.55, a quick ratio of 2.48 and a debt-to-equity ratio of 0.68. Casella Waste Systems, Inc. has a 12 month low of $84.45 and a 12 month high of $114.88. The stock has a 50 day moving average of $107.92 and a two-hundred day moving average of $105.59.

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.