Private Vista LLC held its stake in Waste Management, Inc. (NYSE:WM) during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,884 shares of the business services provider’s stock at the end of the first quarter. Private Vista LLC’s holdings in Waste Management were worth $283,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp raised its position in shares of Waste Management by 4.2% in the first quarter. CHURCHILL MANAGEMENT Corp now owns 278,733 shares of the business services provider’s stock worth $20,325,000 after buying an additional 11,138 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Waste Management by 4.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,299 shares of the business services provider’s stock worth $1,013,000 after buying an additional 670 shares during the period. World Asset Management Inc raised its stake in Waste Management by 17.2% in the first quarter. World Asset Management Inc now owns 45,871 shares of the business services provider’s stock worth $3,345,000 after buying an additional 6,748 shares during the period. FMR LLC raised its stake in Waste Management by 450.1% in the fourth quarter. FMR LLC now owns 1,166,861 shares of the business services provider’s stock worth $82,743,000 after buying an additional 954,745 shares during the period. Finally, Willingdon Wealth Management increased its stake in shares of Waste Management by 12.2% in the first quarter. Willingdon Wealth Management now owns 18,294 shares of the business services provider’s stock worth $1,334,000 after buying an additional 1,995 shares in the last quarter. 75.26% of the stock is owned by institutional investors.

Shares of Waste Management, Inc. (NYSE:WM) traded up 0.49% during mid-day trading on Thursday, hitting $75.62. The stock had a trading volume of 1,890,062 shares. The firm’s 50 day moving average price is $74.14 and its 200 day moving average price is $72.60. The company has a market cap of $33.28 billion, a P/E ratio of 25.90 and a beta of 0.71. Waste Management, Inc. has a 1-year low of $61.08 and a 1-year high of $76.00.

Waste Management (NYSE:WM) last issued its earnings results on Wednesday, July 26th. The business services provider reported $0.81 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.81. Waste Management had a return on equity of 25.07% and a net margin of 9.18%. The firm had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.62 billion. During the same period last year, the company earned $0.74 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Analysts predict that Waste Management, Inc. will post $3.19 earnings per share for the current fiscal year.

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A number of brokerages have commented on WM. Zacks Investment Research downgraded Waste Management from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Stifel Nicolaus raised their price objective on Waste Management from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Oppenheimer Holdings, Inc. lifted their price objective on Waste Management from $77.00 to $82.00 and gave the company an “outperform” rating in a research report on Wednesday, July 5th. BMO Capital Markets assumed coverage on Waste Management in a research report on Thursday, June 29th. They issued an “outperform” rating and a $81.00 price objective for the company. Finally, Credit Suisse Group lifted their target price on Waste Management from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. Waste Management has an average rating of “Hold” and a consensus target price of $75.24.

In other news, CEO James C. Fish, Jr. sold 3,500 shares of the stock in a transaction on Monday, May 15th. The stock was sold at an average price of $72.25, for a total value of $252,875.00. Following the completion of the transaction, the chief executive officer now owns 154,662 shares of the company’s stock, valued at $11,174,329.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John C. Pope sold 453 shares of the stock in a transaction on Monday, July 17th. The stock was sold at an average price of $74.38, for a total value of $33,694.14. Following the completion of the transaction, the director now directly owns 51,470 shares of the company’s stock, valued at approximately $3,828,338.60. The disclosure for this sale can be found here. Insiders sold 7,940 shares of company stock worth $575,603 over the last ninety days. 0.19% of the stock is owned by corporate insiders.

About Waste Management

Waste Management, Inc (WM) is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Company’s segments include Solid Waste and Other. The Company’s Solid Waste segment includes its solid waste business. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.

Institutional Ownership by Quarter for Waste Management (NYSE:WM)

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