Waste Connections, Inc. (NYSE:WCN) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC trimmed its position in shares of Waste Connections, Inc. (NYSE:WCN) by 26.1% in the fourth quarter, according to the company in its most recent 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 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Global Trust Asset Management LLC acquired a new stake in shares of Waste Connections during the 3rd quarter worth $36,000. FSA Wealth Management LLC acquired a new stake in shares of Waste Connections during the 3rd quarter worth $40,000. Continuum Advisory LLC increased its holdings in shares of Waste Connections by 58.0% during the 3rd quarter. Continuum Advisory LLC now owns 226 shares of the business services provider’s stock worth $42,000 after buying an additional 83 shares during the last quarter. Asset Dedication LLC acquired a new stake in shares of Waste Connections during the 3rd quarter worth $41,000. Finally, Kennebec Savings Bank acquired a new stake in shares of Waste Connections during the 3rd quarter worth $47,000. 86.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Scotiabank decreased their price target on shares of Waste Connections from $196.00 to $192.00 and set a “sector perform” rating for the company in a research report on Monday. Stifel Nicolaus upped their price target on shares of Waste Connections from $205.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Eight Capital raised shares of Waste Connections to a “hold” rating in a research report on Wednesday, October 9th. Morgan Stanley upped their price target on shares of Waste Connections from $206.00 to $214.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Finally, Citigroup upped their price target on shares of Waste Connections from $195.00 to $196.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Waste Connections currently has an average rating of “Moderate Buy” and a consensus target price of $199.06.

Waste Connections Stock Down 1.1 %

NYSE:WCN opened at $180.94 on Thursday. The company has a market capitalization 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 one year low of $153.07 and a one year high of $194.83. The stock has a 50-day simple moving average of $180.22 and a 200 day simple moving average of $180.91. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 0.77.

About Waste Connections

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.