Quantbot Technologies LP Sells 1,093 Shares of Casella Waste Systems, Inc. (NASDAQ:CWST)

Quantbot Technologies LP lowered its holdings in shares of Casella Waste Systems, Inc. (NASDAQ:CWSTFree Report) by 31.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 2,359 shares of the industrial products company’s stock after selling 1,093 shares during the period. Quantbot Technologies LP’s holdings in Casella Waste Systems were worth $180,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CWST. First Republic Investment Management Inc. boosted its holdings in shares of Casella Waste Systems by 1.1% during the second quarter. First Republic Investment Management Inc. now owns 11,951 shares of the industrial products company’s stock worth $869,000 after acquiring an additional 131 shares during the period. CWM LLC boosted its holdings in shares of Casella Waste Systems by 89.1% during the second quarter. CWM LLC now owns 295 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 139 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of Casella Waste Systems by 42.2% in the third quarter. Public Employees Retirement System of Ohio now owns 475 shares of the industrial products company’s stock valued at $36,000 after buying an additional 141 shares in the last quarter. Allworth Financial LP raised its position in shares of Casella Waste Systems by 11.0% in the third quarter. Allworth Financial LP now owns 1,513 shares of the industrial products company’s stock valued at $115,000 after buying an additional 150 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Casella Waste Systems by 1.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,155 shares of the industrial products company’s stock valued at $828,000 after buying an additional 151 shares in the last quarter. Institutional investors own 95.28% of the company’s stock.

Casella Waste Systems Stock Up 2.3 %

Shares of NASDAQ:CWST opened at $89.28 on Monday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.56 and a current ratio of 1.63. Casella Waste Systems, Inc. has a 52-week low of $72.33 and a 52-week high of $95.78. The company has a market capitalization of $5.18 billion, a PE ratio of 139.50, a price-to-earnings-growth ratio of 5.71 and a beta of 0.91. The company has a fifty day moving average of $85.36 and a 200-day moving average of $81.32.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Wolfe Research assumed coverage on shares of Casella Waste Systems in a research report on Tuesday, October 17th. They issued an “outperform” rating and a $96.00 price target for the company. Wells Fargo & Company assumed coverage on shares of Casella Waste Systems in a research report on Monday, November 27th. They issued an “overweight” rating and a $95.00 price target for the company. Finally, StockNews.com downgraded shares of Casella Waste Systems from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.00.

Get Our Latest Stock Report on CWST

Casella Waste Systems Company Profile

(Free Report)

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern 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.

Further Reading

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Institutional Ownership by Quarter for Casella Waste Systems (NASDAQ:CWST)

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