Marshall Wace North America L.P. cut its position in Advanced Disposal Services Inc (NASDAQ:ADSW) by 13.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 397,176 shares of the company’s stock after selling 63,135 shares during the period. Marshall Wace North America L.P. owned 0.45% of Advanced Disposal Services worth $9,135,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Jennison Associates LLC increased its position in Advanced Disposal Services by 45.3% in the second quarter. Jennison Associates LLC now owns 2,501,228 shares of the company’s stock worth $56,853,000 after buying an additional 779,413 shares during the last quarter. Vanguard Group Inc. increased its position in Advanced Disposal Services by 48.3% in the first quarter. Vanguard Group Inc. now owns 1,671,885 shares of the company’s stock worth $37,784,000 after buying an additional 544,257 shares during the last quarter. FMR LLC increased its position in Advanced Disposal Services by 12.6% in the first quarter. FMR LLC now owns 1,464,576 shares of the company’s stock worth $33,099,000 after buying an additional 164,050 shares during the last quarter. JPMorgan Chase & Co. increased its position in Advanced Disposal Services by 19.0% in the first quarter. JPMorgan Chase & Co. now owns 943,093 shares of the company’s stock worth $21,313,000 after buying an additional 150,301 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its position in Advanced Disposal Services by 0.8% in the first quarter. OppenheimerFunds Inc. now owns 595,797 shares of the company’s stock worth $13,465,000 after buying an additional 4,868 shares during the last quarter.

Shares of Advanced Disposal Services Inc (ADSW) opened at 23.56 on Friday. The company’s market cap is $2.08 billion. The firm’s 50-day moving average is $23.36 and its 200-day moving average is $23.02. Advanced Disposal Services Inc has a 1-year low of $18.32 and a 1-year high of $24.82.

Advanced Disposal Services (NASDAQ:ADSW) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.04. Advanced Disposal Services had a negative return on equity of 0.10% and a negative net margin of 0.05%. The firm had revenue of $383.10 million for the quarter, compared to the consensus estimate of $372.78 million. During the same period in the previous year, the business earned $0.10 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. On average, equities analysts forecast that Advanced Disposal Services Inc will post $0.54 earnings per share for the current fiscal year.

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A number of equities research analysts have commented on ADSW shares. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Advanced Disposal Services in a research note on Thursday, May 4th. Zacks Investment Research upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Tuesday, June 27th. CIBC restated a “buy” rating on shares of Advanced Disposal Services in a research note on Monday, May 15th. Stifel Nicolaus restated a “buy” rating and set a $26.00 target price on shares of Advanced Disposal Services in a research note on Friday, July 28th. Finally, ValuEngine upgraded shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Friday, May 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $25.27.

In related news, insider Steven R. Carn sold 45,000 shares of Advanced Disposal Services stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $23.37, for a total value of $1,051,650.00. Following the sale, the insider now directly owns 324,733 shares in the company, valued at $7,589,010.21. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Steven R. Carn sold 55,000 shares of Advanced Disposal Services stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $23.07, for a total value of $1,268,850.00. Following the completion of the sale, the insider now owns 269,733 shares in the company, valued at $6,222,740.31. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 137,332 shares of company stock worth $3,197,615.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc is an integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements. The Company’s segments include South, East, Midwest and Corporate. As of December 31, 2016, the Company had its presence in 16 states across the Midwest, South and East regions of the United States, as well as in the Commonwealth of the Bahamas, served approximately 2.7 million residential customers and over 200,000 commercial and industrial (C&I) customers through its network of 90 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated active landfills.

Institutional Ownership by Quarter for Advanced Disposal Services (NASDAQ:ADSW)

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