NORTHSTAR ASSET MANAGEMENT Co LLC Lowers Stock Position in Waste Connections, Inc. (NYSE:WCN)

NORTHSTAR ASSET MANAGEMENT Co LLC decreased its holdings in Waste Connections, Inc. (NYSE:WCN) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,070 shares of the business services provider’s stock after selling 350 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Waste Connections were worth $1,728,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sycomore Asset Management increased its stake in Waste Connections by 80.8% in the fourth quarter. Sycomore Asset Management now owns 117,228 shares of the business services provider’s stock valued at $20,114,000 after purchasing an additional 52,372 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new position in Waste Connections in the 4th quarter valued at about $69,000. Kestra Private Wealth Services LLC lifted its position in Waste Connections by 4.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 2,464 shares of the business services provider’s stock worth $423,000 after acquiring an additional 106 shares during the period. Entropy Technologies LP purchased a new position in shares of Waste Connections in the 4th quarter valued at approximately $706,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of Waste Connections by 229.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,468 shares of the business services provider’s stock valued at $595,000 after purchasing an additional 2,414 shares during the period. Institutional investors and hedge funds own 86.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Scotiabank decreased their price target on Waste Connections from $196.00 to $192.00 and set a “sector perform” rating for the company in a report on Monday, January 27th. Morgan Stanley raised their target price on shares of Waste Connections from $206.00 to $214.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. dropped their price target on shares of Waste Connections from $198.00 to $197.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Raymond James reduced their price objective on shares of Waste Connections from $208.00 to $205.00 and set a “strong-buy” rating for the company in a research report on Friday, October 25th. Finally, BMO Capital Markets dropped their target price on Waste Connections from $198.00 to $196.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Five analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $199.06.

Waste Connections Trading Up 0.6 %

NYSE:WCN opened at $190.33 on Monday. The company has a market capitalization of $49.12 billion, a PE ratio of 52.29, a price-to-earnings-growth ratio of 2.97 and a beta of 0.77. Waste Connections, Inc. has a 52-week low of $153.07 and a 52-week high of $194.83. The stock has a fifty day simple moving average of $179.50 and a 200-day simple moving average of $181.22. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.99.

Waste Connections Company Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.