Waste Connections, Inc. (NYSE:WCN) Shares Acquired by Calamos Wealth Management LLC

Calamos Wealth Management LLC boosted its holdings in Waste Connections, Inc. (NYSE:WCN) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,688 shares of the business services provider’s stock after acquiring an additional 199 shares during the period. Calamos Wealth Management LLC’s holdings in Waste Connections were worth $2,349,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in WCN. Global Trust Asset Management LLC acquired a new stake in Waste Connections in the third quarter worth about $36,000. FSA Wealth Management LLC acquired a new stake in shares of Waste Connections in the 3rd quarter worth approximately $40,000. Continuum Advisory LLC increased its stake in shares of Waste Connections by 58.0% during the third quarter. Continuum Advisory LLC now owns 226 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 83 shares during the period. Asset Dedication LLC bought a new stake in Waste Connections during the third quarter worth approximately $41,000. Finally, Kennebec Savings Bank bought a new position in Waste Connections during the 3rd quarter valued at $47,000. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Stock Up 1.9 %

Shares of WCN opened at $187.32 on Tuesday. The firm has a market cap of $48.34 billion, a P/E ratio of 51.46, a P/E/G ratio of 2.88 and a beta of 0.77. Waste Connections, Inc. has a 1 year low of $153.07 and a 1 year high of $194.83. The stock has a 50 day simple moving average of $179.94 and a two-hundred day simple moving average of $180.95. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.77 and a quick ratio of 0.77.

Analyst Upgrades and Downgrades

Several research firms have issued reports on WCN. Citigroup lifted their price target on shares of Waste Connections from $195.00 to $196.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Royal Bank of Canada raised their target price on Waste Connections from $199.00 to $201.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. CIBC dropped their price target on shares of Waste Connections from $215.00 to $212.00 and set an “outperform” rating on the stock in a research note on Thursday, December 19th. Raymond James cut their price target on shares of Waste Connections from $208.00 to $205.00 and set a “strong-buy” rating on the stock in a report on Friday, October 25th. Finally, Oppenheimer boosted their target price on Waste Connections from $192.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Waste Connections currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.06.

Waste Connections Profile

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.