Portolan Capital Management LLC Has Trimmed Casella Waste Systems INC (CWST) Position by $13.20 Million; Stock Rose

May 16, 2018 - By John Moody

Casella Waste Systems, Inc. (NASDAQ:CWST) LogoInvestors sentiment increased to 1.1 in 2017 Q4. Its up 0.12, from 0.98 in 2017Q3. It is positive, as 18 investors sold CWST shares while 40 reduced holdings. 29 funds opened positions while 35 raised stakes. 31.20 million shares or 3.84% less from 32.45 million shares in 2017Q3 were reported. Fuller And Thaler Asset Mgmt has 70,600 shares for 0.02% of their portfolio. Royal State Bank Of Canada has 372,928 shares. Bessemer Inc reported 0% stake. 196,300 were accumulated by Gamco Invsts Et Al. Los Angeles Mngmt & Equity Research reported 46,238 shares or 0.01% of all its holdings. Barclays Pcl invested in 9,324 shares. Asset Mgmt One Ltd holds 257,399 shares. Legal General Group Public Lc invested in 0% or 9,800 shares. Walleye Trading Ltd holds 0% or 20,436 shares in its portfolio. Walthausen And Commerce Llc invested in 1.44% or 662,350 shares. Voya Investment Mngmt Lc stated it has 16,725 shares. Stone Ridge Asset Mngmt Ltd Liability Com has 11,426 shares. Manufacturers Life Insur Company The has invested 0% in Casella Waste Systems, Inc. (NASDAQ:CWST). Aristotle Boston Llc has invested 0.82% in Casella Waste Systems, Inc. (NASDAQ:CWST). Van Eck Associate has 0% invested in Casella Waste Systems, Inc. (NASDAQ:CWST).

Since December 12, 2017, it had 0 buys, and 19 insider sales for $6.18 million activity. Johnson Edwin D had sold 4,976 shares worth $121,097. Another trade for 1,196 shares valued at $29,106 was sold by SCHMITT DAVID L. 19,571 Casella Waste Systems, Inc. (NASDAQ:CWST) shares with value of $518,467 were sold by CASELLA JOHN W. $184,590 worth of Casella Waste Systems, Inc. (NASDAQ:CWST) was sold by CASELLA DOUGLAS R. Shares for $76,433 were sold by Heald Christopher on Tuesday, February 27. HULLIGAN WILLIAM P sold $480,200 worth of Casella Waste Systems, Inc. (NASDAQ:CWST) on Tuesday, March 6.

George Mccabe decreased its stake in Casella Waste Systems Inc. (CWST) by 36.02% based on its latest 2017Q4 regulatory filing with the SEC. Portolan Capital Management Llc sold 574,043 shares as the company’s stock rose 7.01% while stock markets declined. The hedge fund run by George Mccabe held 1.02M shares of the public utilities company at the end of 2017Q4, valued at $23.47M, down from 1.59 million at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Casella Waste Systems Inc. for a number of months, seems to be less bullish one the $1.04B market cap company. The stock decreased 1.26% or $0.31 during the last trading session, reaching $24.39. About 120,344 shares traded. Casella Waste Systems, Inc. (NASDAQ:CWST) has risen 69.52% since May 16, 2017 and is uptrending. It has outperformed by 57.97% the S&P500.

Portolan Capital Management Llc, which manages about $535.17 million and $913.15M US Long portfolio, upped its stake in Euronet Worldwide Inc. (NASDAQ:EEFT) by 46,580 shares to 147,319 shares, valued at $12.42 million in 2017Q4, according to the filing. It also increased its holding in Daseke Inc. by 466,324 shares in the quarter, for a total of 1.50 million shares, and has risen its stake in Slm Corporation (NASDAQ:SLM).

Analysts await Casella Waste Systems, Inc. (NASDAQ:CWST) to report earnings on August, 1. They expect $0.26 earnings per share, up 4.00 % or $0.01 from last year’s $0.25 per share. CWST’s profit will be $11.10 million for 23.45 P/E if the $0.26 EPS becomes a reality.

More important recent Casella Waste Systems, Inc. (NASDAQ:CWST) news were published by: Seekingalpha.com which released: “Keeping Up With Casella: Q1-18” on May 08, 2018, also Nasdaq.com published article titled: “Casella Waste Systems, Inc. Announces Closing of $550 Million Credit Facility”, Seekingalpha.com published: “Comparing Labor In The Waste Industry, Part 2: Why Republic Services Is The Undisputed Labor King” on April 27, 2018. More interesting news about Casella Waste Systems, Inc. (NASDAQ:CWST) was released by: Seekingalpha.com and their article: “Casella Waste Systems’ (CWST) CEO John Casella on Q1 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018.

Casella Waste Systems, Inc. (NASDAQ:CWST) Ratings Coverage

Among 2 analysts covering Casella Waste (NASDAQ:CWST), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Casella Waste had 3 analyst reports since January 4, 2018 according to SRatingsIntel. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, January 24. Stifel Nicolaus maintained Casella Waste Systems, Inc. (NASDAQ:CWST) rating on Thursday, January 4. Stifel Nicolaus has “Hold” rating and $22.0 target.

Casella Waste Systems, Inc. (NASDAQ:CWST) Institutional Positions Chart

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