O Shaughnessy Asset Management LLC Has $980,000 Position in Casella Waste Systems (CWST)

O Shaughnessy Asset Management LLC increased its position in shares of Casella Waste Systems (NASDAQ:CWST) by 9.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,932 shares of the industrial products company’s stock after buying an additional 3,455 shares during the period. O Shaughnessy Asset Management LLC owned about 0.10% of Casella Waste Systems worth $980,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Swiss National Bank increased its stake in Casella Waste Systems by 3.3% during the 1st quarter. Swiss National Bank now owns 68,000 shares of the industrial products company’s stock worth $1,590,000 after buying an additional 2,200 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Casella Waste Systems by 1.3% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 197,032 shares of the industrial products company’s stock worth $4,536,000 after acquiring an additional 2,458 shares in the last quarter. Ramsey Quantitative Systems acquired a new position in Casella Waste Systems during the 4th quarter worth $123,000. Fuller & Thaler Asset Management Inc. grew its holdings in Casella Waste Systems by 8.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 70,600 shares of the industrial products company’s stock worth $1,625,000 after acquiring an additional 5,600 shares in the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new position in Casella Waste Systems during the 4th quarter worth $138,000. 83.59% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Edmond Coletta sold 25,000 shares of Casella Waste Systems stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $23.29, for a total value of $582,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel David L. Schmitt sold 3,108 shares of Casella Waste Systems stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $26.53, for a total transaction of $82,455.24. The disclosure for this sale can be found here. Insiders sold a total of 129,625 shares of company stock valued at $3,215,250 over the last ninety days. Company insiders own 11.47% of the company’s stock.



Shares of Casella Waste Systems opened at $24.56 on Friday, MarketBeat Ratings reports. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 36.66 and a beta of 0.92. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of -12.75. Casella Waste Systems has a 1-year low of $24.67 and a 1-year high of $24.94.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings results on Thursday, May 3rd. The industrial products company reported $0.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. Casella Waste Systems had a negative net margin of 4.16% and a negative return on equity of 53.97%. The business had revenue of $147.50 million during the quarter, compared to analyst estimates of $139.13 million. During the same period in the previous year, the business posted ($0.01) EPS. The company’s quarterly revenue was up 10.2% on a year-over-year basis. equities analysts forecast that Casella Waste Systems will post 0.71 earnings per share for the current fiscal year.

Several research analysts have weighed in on CWST shares. Stifel Nicolaus raised shares of Casella Waste Systems from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Wednesday, January 24th. Zacks Investment Research lowered shares of Casella Waste Systems from a “buy” rating to a “hold” rating in a report on Thursday, February 15th. TheStreet raised shares of Casella Waste Systems from a “d” rating to a “c” rating in a report on Thursday, March 1st. UBS started coverage on shares of Casella Waste Systems in a report on Wednesday, March 14th. They set a “neutral” rating and a $25.00 price objective for the company. Finally, BidaskClub lowered shares of Casella Waste Systems from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. Casella Waste Systems has a consensus rating of “Buy” and a consensus price target of $25.25.

About Casella Waste Systems

Casella Waste Systems, Inc, together with its subsidiaries, operates as a vertically-integrated solid waste services company in the northeastern United States. The company operates through Eastern Region, Western Region, Recycling, and Other segments. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers.

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

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