B. Metzler seel. Sohn & Co. AG Has $6.03 Million Stock Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

B. Metzler seel. Sohn & Co. AG boosted its position in Casella Waste Systems, Inc. (NASDAQ:CWST) by 7.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 56,944 shares of the industrial products company’s stock after purchasing an additional 4,120 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Casella Waste Systems were worth $6,025,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Axiom Investors LLC DE boosted its stake in shares of Casella Waste Systems by 25.0% during the 4th quarter. Axiom Investors LLC DE now owns 173,192 shares of the industrial products company’s stock worth $18,325,000 after acquiring an additional 34,684 shares during the period. Wellington Management Group LLP boosted its position in Casella Waste Systems by 13.1% during the fourth quarter. Wellington Management Group LLP now owns 1,644,476 shares of the industrial products company’s stock worth $174,002,000 after purchasing an additional 190,023 shares during the period. Pictet Asset Management Holding SA increased its holdings in shares of Casella Waste Systems by 19.2% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,733 shares of the industrial products company’s stock valued at $924,000 after purchasing an additional 1,408 shares during the last quarter. Norges Bank acquired a new position in shares of Casella Waste Systems in the fourth quarter valued at $43,785,000. Finally, Blair William & Co. IL raised its position in shares of Casella Waste Systems by 304.2% in the fourth quarter. Blair William & Co. IL now owns 30,196 shares of the industrial products company’s stock valued at $3,195,000 after purchasing an additional 22,726 shares during the period. Institutional investors own 99.51% of the company’s stock.

Casella Waste Systems Stock Performance

Shares of NASDAQ:CWST opened at $111.51 on Tuesday. Casella Waste Systems, Inc. has a 12-month low of $86.41 and a 12-month high of $116.31. The company’s 50 day moving average price is $109.73 and its two-hundred day moving average price is $107.03. The firm has a market cap of $7.07 billion, a PE ratio of 484.83, a PEG ratio of 3.86 and a beta of 1.05. The company has a quick ratio of 2.48, a current ratio of 2.00 and a debt-to-equity ratio of 0.70.

Casella Waste Systems (NASDAQ:CWST) last issued its quarterly 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%. Equities research analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on CWST shares. William Blair reiterated an “outperform” rating on shares of Casella Waste Systems in a research note on Friday, February 14th. Stifel Nicolaus upped their target price on Casella Waste Systems from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group cut Casella Waste Systems from a “buy” rating to a “hold” rating and dropped their price target for the stock from $115.00 to $113.00 in a report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.75.

About Casella Waste Systems

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.