MWA Asset Management Has $811,000 Holdings in Waste Connections, Inc. (NYSE:WCN)

MWA Asset Management trimmed its position in shares of Waste Connections, Inc. (NYSE:WCN) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,726 shares of the business services provider’s stock after selling 182 shares during the quarter. MWA Asset Management’s holdings in Waste Connections were worth $811,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Global Trust Asset Management LLC acquired a new position in Waste Connections during the third quarter worth $36,000. FSA Wealth Management LLC bought a new stake in shares of Waste Connections during the third quarter worth about $40,000. Asset Dedication LLC acquired a new stake in shares of Waste Connections in the 3rd quarter worth about $41,000. Continuum Advisory LLC lifted its position in Waste Connections by 58.0% in the 3rd quarter. Continuum Advisory LLC now owns 226 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 83 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new position in Waste Connections during the 3rd quarter valued at about $47,000. 86.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. BMO Capital Markets lowered their price objective on Waste Connections from $198.00 to $196.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Oppenheimer increased their price target on Waste Connections from $192.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. JPMorgan Chase & Co. cut their price objective on shares of Waste Connections from $198.00 to $197.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Scotiabank lowered their target price on shares of Waste Connections from $196.00 to $192.00 and set a “sector perform” rating for the company in a report on Monday, January 27th. Finally, Jefferies Financial Group cut their price target on shares of Waste Connections from $225.00 to $210.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Waste Connections presently has an average rating of “Moderate Buy” and an average price target of $199.06.

Waste Connections Stock Performance

NYSE:WCN opened at $190.33 on Friday. Waste Connections, Inc. has a 1 year low of $153.07 and a 1 year high of $194.83. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.77 and a quick ratio of 0.77. The business has a fifty day simple moving average of $179.55 and a two-hundred day simple moving average of $181.16. The company has a market capitalization of $49.12 billion, a P/E ratio of 52.29, a P/E/G ratio of 2.88 and a beta of 0.77.

Waste Connections 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.