1 week Ago By Defense World Staff
Geode Capital Management LLC grew its position in GFL Environmental Inc. ( NYSE:GFL – Free Report ) by 38.7% during the 4th quarter, according to its most recent 13F filing with the SEC.
The institutional investor owned 1,274,496 shares of the company’s stock after purchasing an additional 355,790 shares during the period. Geode Capital Management LLC owned about 0.32% of GFL Environmental worth $56,496,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Blue Trust Inc. boosted its position in GFL Environmental by 124.
9% in the fourth quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $25,000 after buying an additional 306 shares in the last quarter.
Berbice Capital Management LLC acquired a new position in shares of GFL Environmental in the 4th quarter worth approximately $27,000. SRH Advisors LLC bought a new stake in GFL Environmental during the 4th quarter worth approximately $89,000. Steward Partners Investment Advisory LLC raised its position in GFL Environmental by 350.
3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,400 shares of the company’s stock valued at $107,000 after purchasing an additional 1,867 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in GFL Environmental by 6,717.
9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,659 shares of the company’s stock worth $118,000 after purchasing an additional 2,620 shares in the last quarter. Institutional investors own 64.
70% of the company’s stock. Analyst Ratings Changes GFL has been the subject of a number of research analyst reports. Citigroup cut their price target on GFL Environmental from $56.
00 to $53.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Royal Bank of Canada reiterated an “outperform” rating and set a $53.
00 target price on shares of GFL Environmental in a research report on Monday, February 24th. Truist Financial increased their price objective on GFL Environmental from $54.00 to $58.
00 and gave the company a “buy” rating in a research report on Wednesday, April 2nd. UBS Group boosted their target price on GFL Environmental from $50.00 to $57.
00 and gave the stock a “buy” rating in a research report on Friday, April 4th. Finally, Stifel Nicolaus upgraded GFL Environmental from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock.
According to MarketBeat.com, GFL Environmental presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.25.
GFL Environmental Stock Up 1.7 % Shares of GFL Environmental stock opened at $48.29 on Monday.
GFL Environmental Inc. has a 1 year low of $30.57 and a 1 year high of $49.
35. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.
58 and a quick ratio of 0.58. The company has a market capitalization of $18.
99 billion, a P/E ratio of -36.30 and a beta of 1.09.
The business has a 50-day moving average of $46.49 and a two-hundred day moving average of $44.51.
GFL Environmental ( NYSE:GFL – Get Free Report ) last announced its earnings results on Monday, February 24th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.
13 by $0.03. The firm had revenue of $1.
42 billion for the quarter, compared to the consensus estimate of $1.98 billion. GFL Environmental had a negative net margin of 7.
54% and a positive return on equity of 3.50%. As a group, equities analysts predict that GFL Environmental Inc.
will post 0.58 EPS for the current year. GFL Environmental Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th.
Shareholders of record on Monday, April 14th will be issued a dividend of $0.0154 per share. This represents a $0.
06 dividend on an annualized basis and a yield of 0.13%. This is a boost from GFL Environmental’s previous quarterly dividend of $0.
01. GFL Environmental’s dividend payout ratio is -3.87%.
GFL Environmental Company Profile ( Free Report ) GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers. Featured Articles Five stocks we like better than GFL Environmental P/E Ratio Calculation: How to Assess Stocks Is McDonald’s Stock Serving a Value Meal to Investors? Investing in Travel Stocks Benefits Walgreens Comeback? Private Equity Circling for a Buyout Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Coca-Cola Stock Looks Refreshing After the Relief Rally Receive News & Ratings for GFL Environmental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GFL Environmental and related companies with MarketBeat.
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