WCM Investment Management LLC Sells 3,568 Shares of Casella Waste Systems, Inc. (NASDAQ:CWST)

WCM Investment Management LLC decreased its position in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 196,687 shares of the industrial products company’s stock after selling 3,568 shares during the quarter. WCM Investment Management LLC owned 0.31% of Casella Waste Systems worth $20,735,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CWST. Amalgamated Bank increased its stake in Casella Waste Systems by 6.4% in the third quarter. Amalgamated Bank now owns 2,110 shares of the industrial products company’s stock valued at $210,000 after acquiring an additional 126 shares during the last quarter. Integrated Investment Consultants LLC boosted its holdings in shares of Casella Waste Systems by 2.2% in 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 in the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Casella Waste Systems by 30.2% in 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. GAMMA Investing LLC raised its holdings in shares of Casella Waste Systems by 64.5% during the 3rd quarter. GAMMA Investing LLC now owns 528 shares of the industrial products company’s stock worth $53,000 after buying an additional 207 shares in the last quarter. Finally, 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 worth $27,000 after buying an additional 241 shares during the last quarter. 99.51% of the stock is owned by institutional investors.

Casella Waste Systems Stock Down 0.5 %

Shares of NASDAQ CWST opened at $108.00 on Friday. The company has a 50 day simple moving average of $108.02 and a 200 day simple moving average of $105.54. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.55 and a quick ratio of 2.48. Casella Waste Systems, Inc. has a 1 year low of $84.45 and a 1 year high of $114.88. The firm has a market cap of $6.84 billion, a PE ratio of 900.00, a price-to-earnings-growth ratio of 3.89 and a beta of 1.04.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CWST shares. Stifel Nicolaus lifted their target price on Casella Waste Systems from $117.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Jefferies Financial Group lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating and decreased their price target for the company from $115.00 to $113.00 in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Casella Waste Systems has an average rating of “Moderate Buy” and a consensus price target of $113.80.

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.