TD Waterhouse Canada Inc. Acquires 32,908 Shares of Waste Connections, Inc. $WCN

TD Waterhouse Canada Inc. lifted its position in Waste Connections, Inc. (NYSE:WCN) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 417,987 shares of the business services provider’s stock after acquiring an additional 32,908 shares during the quarter. TD Waterhouse Canada Inc. owned 0.16% of Waste Connections worth $72,150,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Lido Advisors LLC boosted its holdings in Waste Connections by 2.1% in the second quarter. Lido Advisors LLC now owns 2,949 shares of the business services provider’s stock worth $551,000 after acquiring an additional 61 shares in the last quarter. Legacy Wealth Asset Management LLC raised its holdings in Waste Connections by 0.8% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 7,895 shares of the business services provider’s stock valued at $1,388,000 after acquiring an additional 61 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Waste Connections by 1.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,052 shares of the business services provider’s stock worth $757,000 after acquiring an additional 63 shares during the period. Parr Mcknight Wealth Management Group LLC raised its position in shares of Waste Connections by 1.1% during the 2nd quarter. Parr Mcknight Wealth Management Group LLC now owns 6,853 shares of the business services provider’s stock valued at $1,280,000 after buying an additional 72 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in Waste Connections by 1.4% in the second quarter. Sequoia Financial Advisors LLC now owns 5,719 shares of the business services provider’s stock valued at $1,068,000 after buying an additional 77 shares during the last quarter. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Trading Down 0.2%

NYSE WCN opened at $169.23 on Thursday. The stock has a market cap of $43.27 billion, a P/E ratio of 70.51, a PEG ratio of 3.06 and a beta of 0.63. The company’s fifty day simple moving average is $172.51 and its 200-day simple moving average is $176.02. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.07. Waste Connections, Inc. has a 52 week low of $162.06 and a 52 week high of $201.66.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of Waste Connections in a research report on Monday, November 24th. They issued a “buy” rating and a $202.00 target price on the stock. UBS Group set a $205.00 price target on Waste Connections in a report on Monday, January 5th. JPMorgan Chase & Co. dropped their price objective on Waste Connections from $220.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. CIBC set a $208.00 target price on shares of Waste Connections in a research report on Thursday, January 8th. Finally, Wells Fargo & Company assumed coverage on shares of Waste Connections in a report on Thursday, November 13th. They issued an “overweight” rating and a $186.00 target price on the stock. Five research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $206.68.

Waste Connections Company Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.