Waste Management (WM) : Trust Co Of Virginia Va scooped up 3,883 additional shares in Waste Management during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 106,011 shares of Waste Management which is valued at $7,127,120.Waste Management makes up approximately 1.21% of Trust Co Of Virginia Va’s portfolio.
Other Hedge Funds, Including , Mitchell Mcleod Pugh Williams Inc added WM to its portfolio by purchasing 3,138 company shares during the most recent quarter which is valued at $210,968. Waste Management makes up approx 0.16% of Mitchell Mcleod Pugh Williams Inc’s portfolio.Hall Laurie J Trustee boosted its stake in WM in the latest quarter, The investment management firm added 4,185 additional shares and now holds a total of 16,230 shares of Waste Management which is valued at $1,100,556. Waste Management makes up approx 0.71% of Hall Laurie J Trustee’s portfolio.Pacwest Financial Management Inc reduced its stake in WM by selling 101 shares or 1.88% in the most recent quarter. The Hedge Fund company now holds 5,266 shares of WM which is valued at $357,087. Waste Management makes up approx 0.22% of Pacwest Financial Management Inc’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in WM by selling 62,854 shares or 32.68% in the most recent quarter. The Hedge Fund company now holds 129,480 shares of WM which is valued at $8,754,143. Waste Management makes up approx 0.04% of Bnp Paribas Arbitrage Sa’s portfolio.Integrated Investment Consultants boosted its stake in WM in the latest quarter, The investment management firm added 235 additional shares and now holds a total of 3,344 shares of Waste Management which is valued at $224,282. Waste Management makes up approx 0.12% of Integrated Investment Consultants’s portfolio.
Waste Management closed down -0.22 points or -0.33% at $67.23 with 14,71,129 shares getting traded on Monday. Post opening the session at $67.78, the shares hit an intraday low of $67.12 and an intraday high of $67.88 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Waste Management reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.55. The company had revenue of $3176.00 million for the quarter, compared to analysts expectations of $3084.63 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.
Many Wall Street Analysts have commented on Waste Management. Company shares were Reiterated by Stifel on Jul 18, 2016 to “Buy”, Firm has raised the Price Target to $ 75 from a previous price target of $70 .Company shares were Reiterated by Imperial Capital on Apr 29, 2016 to “In-line”, Firm has raised the Price Target to $ 62 from a previous price target of $60 .Company shares were Reiterated by Wedbush on Apr 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 62 from a previous price target of $60 .
Waste Management Inc. is a holding company. The Company through its subsidiaries provides waste management environmental services. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection transfer recycling and resource recovery and disposal services. The Company develops operates and owns landfill gas-to-energy facilities in the United States. The Company’s segments include Tier 1 which comprises areas in the Southern United States; Tier 2 which comprises areas located in the Midwest and Northeast United States and Tier 3 which encompasses the remaining areas including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The Company owns or operates 252 landfill sites. It manages 298 transfer stations that consolidate compact and transport waste.