Segall Bryant & Hamill LLC Has $34.43 Million Position in Casella Waste Systems, Inc. (NASDAQ:CWST)

Segall Bryant & Hamill LLC grew its stake in Casella Waste Systems, Inc. (NASDAQ:CWST) by 0.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 325,411 shares of the industrial products company’s stock after buying an additional 2,629 shares during the period. Segall Bryant & Hamill LLC’s holdings in Casella Waste Systems were worth $34,432,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Casella Waste Systems by 2.1% in the fourth 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 during the last quarter. Wasatch Advisors LP boosted its stake in shares of Casella Waste Systems by 0.3% in the 3rd quarter. Wasatch Advisors LP now owns 1,739,222 shares of the industrial products company’s stock valued at $173,035,000 after purchasing an additional 4,462 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Casella Waste Systems by 50.4% during the third quarter. Wellington Management Group LLP now owns 1,454,453 shares of the industrial products company’s stock worth $144,704,000 after buying an additional 487,661 shares during the period. Geode Capital Management LLC raised its stake in Casella Waste Systems by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,430,958 shares of the industrial products company’s stock worth $142,393,000 after buying an additional 109,288 shares during the last quarter. Finally, State Street Corp lifted its holdings in Casella Waste Systems by 5.7% in the third quarter. State Street Corp now owns 1,387,662 shares of the industrial products company’s stock valued at $138,058,000 after buying an additional 75,352 shares during the period. Institutional investors and hedge funds own 99.51% of the company’s stock.

Casella Waste Systems Stock Up 0.3 %

CWST stock opened at $110.82 on Tuesday. The stock’s 50 day simple moving average is $109.75 and its 200 day simple moving average is $106.82. The company has a market cap of $7.02 billion, a P/E ratio of 481.83, a price-to-earnings-growth ratio of 3.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.48 and a current ratio of 2.00. Casella Waste Systems, Inc. has a fifty-two week low of $86.41 and a fifty-two week high of $116.31.

Casella Waste Systems (NASDAQ:CWST) last issued its earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share (EPS) 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%. On average, research analysts expect that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CWST. Stifel Nicolaus increased their price target on Casella Waste Systems from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Jefferies Financial Group downgraded Casella Waste Systems from a “buy” rating to a “hold” rating and lowered their target price for the stock from $115.00 to $113.00 in a report on Thursday, January 23rd. Finally, William Blair restated an “outperform” rating on shares of Casella Waste Systems in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Casella Waste Systems currently has an average rating of “Moderate Buy” and a consensus target price of $117.75.

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.