Covanta Holding Corp (NYSE:CVA).
FCA Corp /TX raised its position in Covanta Holding Corp by 6.9% in the quarter ending 09/30/2017. Its position stood at $2,365,000 an increase of 20.3% according to the filing.
Here are some institutional investors who have increased or decreased their stake in (CVA). GMT Capital Corp added to its ownership by buying 166,900 shares an increase of 10.0% in the quarter. GMT Capital Corp claims 1,828,000 shares with a value of $27,146,000. The value of the position overall is up by 22.9%. As of the end of the quarter Dimensional Fund Advisors Lp had disposed of 141,289 shares trimming its holdings by 3.4%. The value of the total investment in Covanta Holding Corp went from $55,420,000 to $60,250,000 increasing 8.7% since the last quarter.
Raymond James & Associates divested its holdings by selling 2,011,986 shares a decrease of 98.7% from 06/30/2017 to 09/30/2017. Raymond James & Associates currently owns 26,500 shares worth $17,000. The total value of its holdings decreased 99.9%.
November 1 investment analysts at Robert W. Baird made no change to the company rating of “Buy” projecting a price of $19.00. BMO Capital Markets raised the price target on October 30 changing the price objective from $17.00 to $20.00 and stated a “Outperform” rating.
On October 6 Robert W. Baird left the company rating at “Buy” targeting a price of $17.00. On September 5 Stifel Nicolaus maintained a stock rating of “Buy” with a current price target of $17.00.
September 1 investment analysts at Robert W. Baird held the stock rating at “Buy” with a current price target of $17.00.
The company is now down by 0.49% percent from yesterday’s close. The company currently has a P/E ratio of N/A and market cap is 1.99B. In the last earnings report the EPS was $-0.51 with 131.01M shares outstanding.
Investors are feeling more bearish on shares of the company lately if you consider the change in short interest. The company saw a rise in short interest from October 13, 2017 to October 31, 2017 of 3.49%. Short interest grew from 15,239,225 to 15,770,544 over that period. The short-interest ratio decreased to 13.0 and the short interest percentage is 0.12% as of October 31.