November 25, 2016 - By Clifton Ray · 0 Comments
Wmi Holdings Corp (NYSE:WM) institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.20, from 0.99 in 2016Q1. The ratio has increased, as 344 institutional investors started new and increased positions, while 346 sold and trimmed stakes in Wmi Holdings Corp. The institutional investors in our partner’s database now own: 262.61 million shares, down from 300.41 million shares in 2016Q1. Also, the number of institutional investors holding Wmi Holdings Corp in their top 10 positions increased from 18 to 25 for an increase of 7. Sold All: 48 Reduced: 298 Increased: 271 New Position: 73.
Waste Management, Inc. is a holding company. The company has a market cap of $30.72 billion. The Firm provides waste management environmental services. It has a 27.81 P/E ratio. The Company’s divisions include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other.
The stock closed at $69.54 during the last session. It is down 23.32% since April 22, 2016 and is uptrending. It has outperformed by 17.91% the S&P500.
Analysts await Waste Management, Inc. (NYSE:WM) to report earnings on February, 16. They expect $0.76 earnings per share, up 7.04% or $0.05 from last year’s $0.71 per share. WM’s profit will be $335.74 million for 22.88 P/E if the $0.76 EPS becomes a reality. After $0.84 actual earnings per share reported by Waste Management, Inc. for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.
According to Zacks Investment Research, “Waste Management Inc. provides integrated waste management services in North America and internationally. In North America, the company provides solid waste management services including collection, transfer, recycling and resource recovery services, and disposal services. Included in its international operations is the collection and transportation of solid, hazardous and medical wastes and recyclable materials and the treatment and disposal of recyclable materials.”
Lvm Capital Management Ltd Mi holds 7.75% of its portfolio in Waste Management, Inc. for 403,853 shares. Bill & Melinda Gates Foundation Trust owns 18.63 million shares or 7.34% of their US portfolio. Moreover, Westchester Capital Management Inc. has 4.42% invested in the company for 150,417 shares. The Michigan-based Aspen Investment Management Inc has invested 3.99% in the stock. Garland Capital Management Inc, a Washington-based fund reported 75,450 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 13 selling transactions for $10.79 million net activity.
Ratings analysis reveals 50% of Waste Management Inc.’s analysts are positive. Out of 12 Wall Street analysts rating Waste Management Inc., 6 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $58 while the high is $71. The stock’s average target of $66.14 is -4.89% below today’s ($69.54) share price. WM was included in 21 notes of analysts from July 28, 2015. The company was initiated on Monday, April 25 by Bank of America. Wedbush maintained the shares of WM in a report on Friday, April 29 with “Outperform” rating. Macquarie Research initiated the stock with “Neutral” rating in Friday, August 26 report. Argus Research maintained Waste Management, Inc. (NYSE:WM) on Thursday, November 5 with “Buy” rating. On Friday, February 19 the stock rating was maintained by Imperial Capital with “In-Line”. JP Morgan initiated the shares of WM in a report on Thursday, December 17 with “Neutral” rating. The stock of Waste Management, Inc. (NYSE:WM) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, August 9. Stifel Nicolaus upgraded the stock to “Buy” rating in Wednesday, October 21 report. On Tuesday, August 9 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The company was maintained on Thursday, October 29 by Imperial Capital.
Waste Management, Inc., incorporated on April 28, 1995, is a holding company. The Firm provides waste management environmental services. The Company’s divisions include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, it also develops, operates and owns landfill gas-to-energy facilities in the United States. It owns or operates approximately 250 landfill sites, which is the network of landfills in North America. It also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The Company, as a recycler in North America, handles materials that include paper, cardboard, glass, plastic and metal. It provides recycling programs for municipalities, businesses and households across the United States and Canada, as well as other services. It owns or operates approximately 300 transfer stations in North America.
More news for Waste Management, Inc. (NYSE:WM) were recently published by: Fool.com, which released: “More Trash Equals More Cash for Waste Management, Inc.” on November 04, 2016. Wsj.com‘s article titled: “Waste Management Names James Fish CEO” and published on November 11, 2016 is yet another important article.
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By Clifton Ray