Advanced Disposal Services Inc (NYSE:ADSW) Director Ernest J. Mrozek acquired 750 shares of Advanced Disposal Services stock in a transaction on Monday, November 5th. The stock was acquired at an average cost of $25.26 per share, for a total transaction of $18,945.00. Following the completion of the purchase, the director now owns 8,263 shares of the company’s stock, valued at approximately $208,723.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of NYSE ADSW opened at $25.70 on Wednesday. The firm has a market cap of $2.24 billion, a PE ratio of 54.68, a PEG ratio of 2.92 and a beta of 0.42. Advanced Disposal Services Inc has a twelve month low of $21.50 and a twelve month high of $27.93. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 2.02.
Advanced Disposal Services (NYSE:ADSW) last announced its quarterly earnings results on Wednesday, October 31st. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The firm had revenue of $400.60 million for the quarter, compared to the consensus estimate of $396.26 million. Advanced Disposal Services had a return on equity of 5.71% and a net margin of 3.16%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.16 earnings per share. As a group, equities analysts anticipate that Advanced Disposal Services Inc will post 0.59 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP bought a new stake in Advanced Disposal Services in the 1st quarter valued at $4,581,000. UBS Group AG lifted its position in Advanced Disposal Services by 861.8% in the 1st quarter. UBS Group AG now owns 149,389 shares of the company’s stock valued at $3,329,000 after acquiring an additional 133,856 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Advanced Disposal Services by 12.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 38,287 shares of the company’s stock valued at $854,000 after acquiring an additional 4,306 shares in the last quarter. California State Teachers Retirement System lifted its position in Advanced Disposal Services by 11.7% in the 1st quarter. California State Teachers Retirement System now owns 76,993 shares of the company’s stock valued at $1,715,000 after acquiring an additional 8,056 shares in the last quarter. Finally, Millennium Management LLC lifted its position in Advanced Disposal Services by 36.5% in the 1st quarter. Millennium Management LLC now owns 613,728 shares of the company’s stock valued at $13,674,000 after acquiring an additional 164,135 shares in the last quarter. 97.41% of the stock is currently owned by institutional investors.
About Advanced Disposal Services
Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.
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