Global Retirement Partners LLC Has $297,000 Holdings in Casella Waste Systems, Inc. (NASDAQ:CWST)

Global Retirement Partners LLC lifted its stake in Casella Waste Systems, Inc. (NASDAQ:CWST) by 42.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,810 shares of the industrial products company’s stock after acquiring an additional 832 shares during the period. Global Retirement Partners LLC’s holdings in Casella Waste Systems were worth $297,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mather Group LLC. grew its position in Casella Waste Systems by 1,606.7% in the 4th quarter. Mather Group LLC. now owns 256 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 241 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Casella Waste Systems in the fourth quarter valued at about $58,000. Harbor Investment Advisory LLC grew its position in Casella Waste Systems by 30.2% during the fourth quarter. Harbor Investment Advisory LLC now owns 798 shares of the industrial products company’s stock worth $84,000 after buying an additional 185 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Casella Waste Systems by 69.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,495 shares of the industrial products company’s stock valued at $158,000 after acquiring an additional 611 shares during the period. Finally, Empowered Funds LLC acquired a new position in Casella Waste Systems in the 4th quarter valued at approximately $201,000. Institutional investors own 99.51% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on CWST shares. William Blair reissued an “outperform” rating on shares of Casella Waste Systems in a report on Friday, February 14th. Jefferies Financial Group downgraded shares of Casella Waste Systems from a “buy” rating to a “hold” rating and decreased their price target for the stock from $115.00 to $113.00 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Casella Waste Systems from $114.00 to $107.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Finally, Stifel Nicolaus lifted their target price on shares of Casella Waste Systems from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Two 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $117.75.

Casella Waste Systems Stock Performance

Shares of NASDAQ:CWST opened at $111.98 on Tuesday. The company has a current ratio of 2.00, a quick ratio of 2.48 and a debt-to-equity ratio of 0.70. Casella Waste Systems, Inc. has a 1-year low of $86.41 and a 1-year high of $116.31. The stock has a market capitalization of $7.09 billion, a P/E ratio of 486.87, a P/E/G ratio of 3.86 and a beta of 1.04. The business has a 50-day moving average price of $108.28 and a two-hundred day moving average price of $106.21.

Casella Waste Systems (NASDAQ:CWST) last announced its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.41 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 analysts predict that Casella Waste Systems, Inc. will post 1.16 earnings per share 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.