17,405 Shares in Casella Waste Systems, Inc. (NASDAQ:CWST) Acquired by Capital International Inc. CA

Capital International Inc. CA purchased a new stake in Casella Waste Systems, Inc. (NASDAQ:CWST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,405 shares of the industrial products company’s stock, valued at approximately $1,842,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CWST. Vanguard Group Inc. lifted its position in Casella Waste Systems by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 6,110,529 shares of the industrial products company’s stock valued at $646,555,000 after acquiring an additional 123,001 shares in the last quarter. Wasatch Advisors LP lifted its holdings in shares of Casella Waste Systems by 48.2% in the fourth quarter. Wasatch Advisors LP now owns 2,577,308 shares of the industrial products company’s stock valued at $272,705,000 after purchasing an additional 838,086 shares in the last quarter. Invesco Ltd. boosted its position in shares of Casella Waste Systems by 0.8% during the fourth quarter. Invesco Ltd. now owns 1,830,220 shares of the industrial products company’s stock worth $193,656,000 after buying an additional 13,678 shares during the period. Wellington Management Group LLP grew its holdings in shares of Casella Waste Systems by 13.1% during the fourth quarter. Wellington Management Group LLP now owns 1,644,476 shares of the industrial products company’s stock worth $174,002,000 after buying an additional 190,023 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Casella Waste Systems by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,446,875 shares of the industrial products company’s stock valued at $153,129,000 after acquiring an additional 15,917 shares in the last quarter. Institutional investors and hedge funds own 99.51% of the company’s stock.

Insider Buying and Selling at Casella Waste Systems

In related news, SVP Paul Ligon sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of $118.67, for a total value of $237,340.00. Following the transaction, the senior vice president now owns 20,347 shares in the company, valued at approximately $2,414,578.49. This represents a 8.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.24% of the company’s stock.

Casella Waste Systems Stock Up 0.3 %

Casella Waste Systems stock opened at $118.30 on Monday. Casella Waste Systems, Inc. has a fifty-two week low of $86.41 and a fifty-two week high of $120.69. The firm has a market capitalization of $7.50 billion, a PE ratio of 514.35, a P/E/G ratio of 3.86 and a beta of 0.96. The company’s 50-day moving average is $111.30 and its 200-day moving average is $108.29. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.00 and a quick ratio of 2.48.

Casella Waste Systems (NASDAQ:CWST) last announced its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.25. Casella Waste Systems had a return on equity of 4.15% and a net margin of 0.87%. Sell-side analysts anticipate that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current year.

Analyst Ratings Changes

CWST has been the subject of several research reports. William Blair reaffirmed an “outperform” rating on shares of Casella Waste Systems in a research note on Friday, February 14th. UBS Group raised their target price on shares of Casella Waste Systems from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, April 11th. Jefferies Financial Group cut shares of Casella Waste Systems from a “buy” rating to a “hold” rating and cut their price target for the stock from $115.00 to $113.00 in a research report on Thursday, January 23rd. Raymond James restated a “strong-buy” rating on shares of Casella Waste Systems in a report on Wednesday. Finally, TD Cowen initiated coverage on Casella Waste Systems in a research report on Wednesday, April 9th. They set a “buy” rating and a $130.00 price target for the company. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $122.67.

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.