Advanced Disposal Services Inc (NYSE:ADSW) insider Steven R. Carn sold 18,666 shares of Advanced Disposal Services stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $23.53, for a total transaction of $439,210.98. Following the sale, the insider now directly owns 139,071 shares in the company, valued at approximately $3,272,340.63. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Advanced Disposal Services Inc (ADSW) traded up $0.18 during trading hours on Thursday, reaching $23.63. 338,500 shares of the company traded hands, compared to its average volume of 401,350. Advanced Disposal Services Inc has a 1-year low of $20.94 and a 1-year high of $25.71. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $2,075.12, a price-to-earnings ratio of -84.39, a P/E/G ratio of 2.86 and a beta of -0.70.

Advanced Disposal Services (NYSE:ADSW) last issued its earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The firm had revenue of $392.70 million during the quarter, compared to analysts’ expectations of $383.11 million. Advanced Disposal Services had a positive return on equity of 5.84% and a negative net margin of 1.61%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $0.06 earnings per share. analysts anticipate that Advanced Disposal Services Inc will post 0.5 earnings per share for the current year.

Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research note on Tuesday. KeyCorp assumed coverage on shares of Advanced Disposal Services in a research note on Thursday, November 30th. They set a “sector weight” rating on the stock. BidaskClub raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Stifel Nicolaus lowered shares of Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $26.00 price objective on the stock. in a research note on Wednesday, October 4th. Finally, Credit Suisse Group dropped their price objective on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, November 3rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $26.38.

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Advanced Disposal Services by 82.3% in the second quarter. Vanguard Group Inc. now owns 3,048,467 shares of the company’s stock worth $69,291,000 after buying an additional 1,376,582 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Advanced Disposal Services by 83.8% in the second quarter. Alliancebernstein L.P. now owns 2,700,487 shares of the company’s stock worth $61,382,000 after buying an additional 1,231,117 shares during the last quarter. Jennison Associates LLC raised its holdings in Advanced Disposal Services by 1.2% in the third quarter. Jennison Associates LLC now owns 2,529,995 shares of the company’s stock worth $63,731,000 after buying an additional 28,767 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Advanced Disposal Services by 21.3% in the third quarter. JPMorgan Chase & Co. now owns 2,298,990 shares of the company’s stock worth $57,751,000 after buying an additional 404,308 shares during the last quarter. Finally, Fairview Capital Investment Management LLC raised its holdings in Advanced Disposal Services by 20.4% in the second quarter. Fairview Capital Investment Management LLC now owns 2,064,100 shares of the company’s stock worth $46,917,000 after buying an additional 350,000 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Advanced Disposal Services (NYSE:ADSW)

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