2 days Ago By ABMN Staff
Angeles Investment Advisors LLC increased its holdings in Waste Management, Inc. ( NYSE:WM – Free Report ) by 4.5% in the second quarter, Holdings Channel.
com reports. The firm owned 1,419 shares of the business services provider’s stock after acquiring an additional 61 shares during the period. Angeles Investment Advisors LLC’s holdings in Waste Management were worth $303,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Hexagon Capital Partners LLC boosted its stake in shares of Waste Management by 170.5% in the 1st quarter.
Hexagon Capital Partners LLC now owns 119 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Sachetta LLC purchased a new stake in Waste Management during the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc.
purchased a new stake in Waste Management during the 2nd quarter valued at $31,000. Opal Wealth Advisors LLC purchased a new stake in Waste Management during the 1st quarter valued at $35,000. Finally, DSM Capital Partners LLC purchased a new stake in Waste Management during the 4th quarter valued at $38,000.
Hedge funds and other institutional investors own 80.40% of the company’s stock. Insider Buying and Selling at Waste Management In other Waste Management news, VP Michael J.
Watson sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $220.00, for a total transaction of $330,000.
00. Following the completion of the sale, the vice president now directly owns 44,144 shares in the company, valued at approximately $9,711,680. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website .
0.18% of the stock is owned by company insiders. Analysts Set New Price Targets Get Our Latest Stock Report on WM Waste Management Stock Up 0.
1 % Shares of Waste Management stock opened at $208.36 on Tuesday. The company has a debt-to-equity ratio of 2.
21, a current ratio of 1.07 and a quick ratio of 1.03.
The company has a 50-day moving average of $209.19 and a 200 day moving average of $208.80.
The firm has a market cap of $83.57 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.
33 and a beta of 0.74. Waste Management, Inc.
has a 1 year low of $149.71 and a 1 year high of $225.00.
Waste Management ( NYSE:WM – Get Free Report ) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $1.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.
82. The business had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.
43 billion. Waste Management had a net margin of 12.13% and a return on equity of 39.
52%. Waste Management’s revenue was up 5.5% compared to the same quarter last year.
During the same period last year, the business earned $1.51 EPS. As a group, sell-side analysts anticipate that Waste Management, Inc.
will post 7.24 earnings per share for the current fiscal year. Waste Management Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th.
Shareholders of record on Friday, September 13th will be paid a dividend of $0.75 per share. The ex-dividend date is Friday, September 13th.
This represents a $3.00 dividend on an annualized basis and a yield of 1.44%.
Waste Management’s dividend payout ratio is currently 49.10%. About Waste Management ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc.
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