Casella Waste Systems Inc. (CWST) Holdings Raised by Eagle Boston Investment Management Inc.

Eagle Boston Investment Management Inc. raised its stake in shares of Casella Waste Systems Inc. (NASDAQ:CWST) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 660,599 shares of the industrial products company’s stock after acquiring an additional 28,608 shares during the period. Casella Waste Systems makes up 1.5% of Eagle Boston Investment Management Inc.’s holdings, making the stock its 14th biggest holding. Eagle Boston Investment Management Inc. owned approximately 1.57% of Casella Waste Systems worth $15,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in CWST. SeaCrest Wealth Management LLC purchased a new position in shares of Casella Waste Systems in the fourth quarter valued at approximately $138,000. Cubist Systematic Strategies LLC purchased a new position in shares of Casella Waste Systems in the second quarter valued at approximately $186,000. Tudor Investment Corp ET AL boosted its stake in shares of Casella Waste Systems by 24.5% in the second quarter. Tudor Investment Corp ET AL now owns 13,374 shares of the industrial products company’s stock valued at $219,000 after purchasing an additional 2,633 shares during the period. Aperio Group LLC purchased a new position in shares of Casella Waste Systems in the fourth quarter valued at approximately $231,000. Finally, Voya Investment Management LLC purchased a new position in shares of Casella Waste Systems in the second quarter valued at approximately $274,000. Institutional investors and hedge funds own 77.99% of the company’s stock.

In related news, COO Edwin D. Johnson sold 99,091 shares of Casella Waste Systems stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $21.01, for a total value of $2,081,901.91. Following the completion of the transaction, the chief operating officer now owns 469,500 shares in the company, valued at $9,864,195. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Edmond Coletta sold 13,000 shares of Casella Waste Systems stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $19.60, for a total transaction of $254,800.00. The disclosure for this sale can be found here. Insiders sold 128,591 shares of company stock valued at $2,682,077 in the last quarter. 11.47% of the stock is owned by insiders.

Casella Waste Systems Inc. (CWST) opened at $25.40 on Thursday. Casella Waste Systems Inc. has a 12 month low of $11.16 and a 12 month high of $27.38. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of -7.91. The stock has a market cap of $1,048.97, a P/E ratio of -19.54 and a beta of 0.79.

CWST has been the subject of several recent research reports. KeyCorp reissued a “buy” rating on shares of Casella Waste Systems in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Casella Waste Systems from a “sell” rating to a “hold” rating and set a $22.00 price objective for the company in a research note on Tuesday, November 7th. BidaskClub raised shares of Casella Waste Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 29th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $22.00 price objective on shares of Casella Waste Systems in a research note on Thursday, January 4th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $21.00.

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Casella Waste Systems Profile

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.

Institutional Ownership by Quarter for Casella Waste Systems (NASDAQ:CWST)

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