Waste Management (NYSE:WM).
Agf Investments Inc. says it sold 23,435 shares in the previous quarter decreasing its holdings in Waste Management by 0.9%. Its position was worth $207,765,000 an increase of 5.7% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (WM). Commonwealth Of Pennsylvania Public School Empls Retrmt SYS added to its stake by buying 2,727 shares an increase of 9.0% as of 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 32,924 shares worth $2,577,000. The total value of its holdings increased 16.3%. As of the end of the quarter Tredje Ap-fonden had sold a total of 24,600 shares trimming its holdings by 24.5%. The value of the investment in (WM) decreased from $7,361,000 to $5,929,000 a change of 19.5% quarter over quarter.
Baird Financial Group, Inc. augmented its holdings by buying 7,327 shares an increase of 4.1% in the quarter. Baird Financial Group, Inc. claims 186,107 shares with a value of $14,567,000. The value of the position overall is up by 11.1%.
On October 30 analysts at Credit Suisse Group updated its forecast on WM and giving a rating of “Buy” and price target of $90.00. On October 27 KeyCorp kept the stock rating at “Buy” projecting a price of $88.00.
Equity analyst BMO Capital Markets raised the price target on October 27 changing the forecast from $82.00 to $86.00 and stated a “Outperform” rating. Oppenheimer Holdings raised the price target on October 27 changing the price objective from $82.00 to $87.00 with a “Outperform” recommendation.
October 13 investment analysts at BMO Capital Markets left the stock rating at “Buy” with a current price target of $85.00. KeyCorp raised the price target of the stock on October 13 boosting the projection from $80.00 to $84.00 with a rating of “Overweight”.
The company is now down by 0.65% since yesterday’s close of 82.39. Waste Management’s P/E ratio is 26.28 and market cap is 35.54B. In the latest earnings report the EPS was $3.11 with 434.22M shares now outstanding.
Traders are more bullish on shares of the company lately as evidenced by the change in short interest. The stock experienced a fall in short interest of -14.73% as of the latest report on October 13, 2017. Short shares decreased 897,371 over that period. The days to cover decreased to 2.0 and the short interest percentage is 0.01% as of October 13.