Capital Advisors Ltd. LLC Sells 51 Shares of Waste Management, Inc. (NYSE:WM)

Capital Advisors Ltd. LLC lowered its position in Waste Management, Inc. (NYSE:WM) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,078 shares of the business services provider’s stock after selling 51 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Waste Management were worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of WM. Activest Wealth Management raised its position in shares of Waste Management by 4,000.0% during the third quarter. Activest Wealth Management now owns 123 shares of the business services provider’s stock worth $26,000 after acquiring an additional 120 shares during the last quarter. Global Wealth Strategies & Associates increased its holdings in Waste Management by 892.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 139 shares of the business services provider’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. General Partner Inc. acquired a new position in Waste Management in the fourth quarter valued at approximately $29,000. Sugar Maple Asset Management LLC bought a new position in shares of Waste Management during the 4th quarter worth approximately $35,000. Finally, Richardson Financial Services Inc. grew its position in shares of Waste Management by 65.7% during the 4th quarter. Richardson Financial Services Inc. now owns 174 shares of the business services provider’s stock worth $35,000 after buying an additional 69 shares during the period. Institutional investors own 80.40% of the company’s stock.

Waste Management Stock Performance

NYSE WM opened at $227.89 on Monday. The company has a fifty day moving average price of $213.43 and a 200-day moving average price of $213.12. The firm has a market cap of $91.63 billion, a price-to-earnings ratio of 33.51, a PEG ratio of 2.71 and a beta of 0.78. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.76 and a quick ratio of 0.85. Waste Management, Inc. has a 1 year low of $196.59 and a 1 year high of $230.39.

Waste Management (NYSE:WM) last issued its quarterly earnings data on Wednesday, January 29th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Waste Management had a return on equity of 37.93% and a net margin of 12.45%. As a group, equities research analysts predict that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $0.825 per share. This is a positive change from Waste Management’s previous quarterly dividend of $0.75. This represents a $3.30 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Friday, March 14th. Waste Management’s dividend payout ratio (DPR) is 44.12%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. UBS Group boosted their target price on shares of Waste Management from $220.00 to $226.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. upped their price objective on shares of Waste Management from $213.00 to $219.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Scotiabank raised their target price on Waste Management from $250.00 to $255.00 and gave the company a “sector outperform” rating in a research note on Monday, February 3rd. Royal Bank of Canada upped their price target on Waste Management from $204.00 to $220.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 30th. Finally, Stifel Nicolaus raised their price objective on Waste Management from $243.00 to $252.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $235.94.

Insiders Place Their Bets

In other Waste Management news, VP Donald J. Smith sold 191 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $220.22, for a total value of $42,062.02. Following the transaction, the vice president now directly owns 6,129 shares in the company, valued at $1,349,728.38. The trade was a 3.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO John A. Carroll sold 209 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $220.55, for a total transaction of $46,094.95. Following the sale, the chief accounting officer now owns 9,066 shares of the company’s stock, valued at approximately $1,999,506.30. The trade was a 2.25 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,055 shares of company stock valued at $3,578,340. Insiders own 0.18% of the company’s stock.

Waste Management Company Profile

Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.