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

Segall Bryant & Hamill LLC raised its position in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 325,411 shares of the industrial products company’s stock after acquiring an additional 2,629 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.51% of Casella Waste Systems worth $34,432,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC grew its holdings in Casella Waste Systems by 16.4% in the 4th quarter. Signaturefd LLC now owns 802 shares of the industrial products company’s stock valued at $85,000 after buying an additional 113 shares in the last quarter. Integrated Investment Consultants LLC raised its stake in 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 worth $805,000 after purchasing an additional 165 shares in the last quarter. Harbor Investment Advisory LLC raised its position in shares of Casella Waste Systems by 30.2% in the fourth quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company’s stock valued at $84,000 after buying an additional 185 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Casella Waste Systems by 156.5% in the fourth quarter. Jones Financial Companies Lllp now owns 318 shares of the industrial products company’s stock valued at $34,000 after buying an additional 194 shares during the period. Finally, Principal Securities Inc. grew its position in Casella Waste Systems by 11.0% during the fourth quarter. Principal Securities Inc. now owns 1,979 shares of the industrial products company’s stock worth $209,000 after buying an additional 196 shares in the last quarter. Institutional investors and hedge funds own 99.51% of the company’s stock.

Analyst Ratings Changes

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

Casella Waste Systems Price Performance

Shares of CWST stock opened at $110.82 on Tuesday. The business has a fifty day simple moving average of $109.75 and a 200 day simple moving average of $106.82. The company has a market cap of $7.02 billion, a P/E ratio of 481.83, a P/E/G 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, Inc. has a twelve month low of $86.41 and a twelve month high of $116.31.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.25. Casella Waste Systems had a net margin of 0.87% and a return on equity of 4.15%. On average, sell-side analysts forecast that Casella Waste Systems, Inc. will post 1.16 EPS for the current fiscal year.

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.