Benjamin F. Edwards & Company Inc. Has $856,000 Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Benjamin F. Edwards & Company Inc. increased its stake in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,013 shares of the industrial products company’s stock after purchasing an additional 160 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Casella Waste Systems were worth $856,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Casella Waste Systems by 25.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,005 shares of the industrial products company’s stock worth $916,000 after acquiring an additional 2,444 shares during the last quarter. Strs Ohio increased its position in Casella Waste Systems by 617.2% in the third quarter. Strs Ohio now owns 45,900 shares of the industrial products company’s stock worth $3,502,000 after purchasing an additional 39,500 shares during the period. Park Avenue Securities LLC bought a new stake in Casella Waste Systems during the 3rd quarter worth about $457,000. TD Asset Management Inc lifted its position in Casella Waste Systems by 51.3% during the 3rd quarter. TD Asset Management Inc now owns 33,094 shares of the industrial products company’s stock valued at $2,525,000 after purchasing an additional 11,216 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Casella Waste Systems by 2.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,713,604 shares of the industrial products company’s stock valued at $130,748,000 after purchasing an additional 42,434 shares during the last quarter. Institutional investors and hedge funds own 99.51% of the company’s stock.

Insider Buying and Selling at Casella Waste Systems

In other news, CEO John W. Casella sold 1,673 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $94.13, for a total transaction of $157,479.49. Following the completion of the transaction, the chief executive officer now directly owns 35,189 shares of the company’s stock, valued at approximately $3,312,340.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, President Edmond Coletta sold 733 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $94.31, for a total transaction of $69,129.23. Following the sale, the president now owns 170,486 shares in the company, valued at approximately $16,078,534.66. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO John W. Casella sold 1,673 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $94.13, for a total transaction of $157,479.49. Following the sale, the chief executive officer now directly owns 35,189 shares in the company, valued at $3,312,340.57. The disclosure for this sale can be found here. Insiders have sold 11,238 shares of company stock valued at $1,026,395 in the last 90 days. 4.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. StockNews.com upgraded shares of Casella Waste Systems from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Wells Fargo & Company increased their price target on Casella Waste Systems from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Casella Waste Systems currently has a consensus rating of “Buy” and a consensus price target of $101.50.

Casella Waste Systems Stock Performance

Shares of Casella Waste Systems stock opened at $95.35 on Wednesday. Casella Waste Systems, Inc. has a 12 month low of $72.97 and a 12 month high of $100.29. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $5.53 billion, a PE ratio of 307.58, a PEG ratio of 5.80 and a beta of 0.92. The stock’s fifty day simple moving average is $94.47 and its 200 day simple moving average is $87.61.

Casella Waste Systems (NASDAQ:CWST) last issued its quarterly earnings data on Friday, April 26th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $341.00 million during the quarter, compared to the consensus estimate of $340.70 million. Casella Waste Systems had a net margin of 1.32% and a return on equity of 4.47%. The firm’s revenue was up 29.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.10 earnings per share. On average, research analysts predict that Casella Waste Systems, Inc. will post 0.79 EPS for the current year.

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.