Waste Connections, Inc. (NYSE:WCN) Holdings Cut by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its holdings in Waste Connections, Inc. (NYSE:WCNFree Report) by 26.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 297 shares of the business services provider’s stock after selling 105 shares during the period. Avior Wealth Management LLC’s holdings in Waste Connections were worth $51,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Versor Investments LP lifted its holdings in Waste Connections by 75.1% in the third quarter. Versor Investments LP now owns 8,221 shares of the business services provider’s stock worth $1,470,000 after acquiring an additional 3,527 shares during the last quarter. Blueshift Asset Management LLC bought a new stake in shares of Waste Connections during the third quarter valued at approximately $552,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Waste Connections during the third quarter valued at approximately $2,503,000. Barclays PLC raised its holdings in shares of Waste Connections by 34.3% during the third quarter. Barclays PLC now owns 303,040 shares of the business services provider’s stock valued at $54,190,000 after buying an additional 77,466 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its holdings in shares of Waste Connections by 65.6% during the third quarter. Mesirow Financial Investment Management Inc. now owns 3,034 shares of the business services provider’s stock valued at $543,000 after buying an additional 1,202 shares during the last quarter. Institutional investors own 86.09% of the company’s stock.

Waste Connections Trading Down 1.1 %

Waste Connections stock opened at $180.94 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $46.70 billion, a price-to-earnings ratio of 49.71, a price-to-earnings-growth ratio of 2.67 and a beta of 0.76. Waste Connections, Inc. has a 1 year low of $153.07 and a 1 year high of $194.83. The firm’s 50 day moving average price is $180.22 and its two-hundred day moving average price is $180.91.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WCN shares. CIBC cut their price target on Waste Connections from $215.00 to $212.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. Stifel Nicolaus lifted their price target on Waste Connections from $205.00 to $212.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Oppenheimer lifted their price target on Waste Connections from $192.00 to $195.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Scotiabank dropped their target price on Waste Connections from $196.00 to $192.00 and set a “sector perform” rating on the stock in a report on Monday. Finally, Eight Capital raised Waste Connections to a “hold” rating in a report on Wednesday, October 9th. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $199.06.

Get Our Latest Stock Analysis on Waste Connections

About Waste Connections

(Free Report)

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.

Further Reading

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Institutional Ownership by Quarter for Waste Connections (NYSE:WCN)

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