Copeland Capital Management LLC Has $20.09 Million Position in Waste Connections Inc (WCN)

Copeland Capital Management LLC lessened its holdings in shares of Waste Connections Inc (NYSE:WCN) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 283,206 shares of the business services provider’s stock after selling 37,713 shares during the period. Waste Connections comprises 1.3% of Copeland Capital Management LLC’s holdings, making the stock its 18th largest holding. Copeland Capital Management LLC owned 0.11% of Waste Connections worth $20,090,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Citigroup Inc. boosted its position in shares of Waste Connections by 4.0% during the 2nd quarter. Citigroup Inc. now owns 12,315 shares of the business services provider’s stock worth $793,000 after acquiring an additional 472 shares in the last quarter. Fieldpoint Private Securities LLC lifted its stake in Waste Connections by 50.0% in the 2nd quarter. Fieldpoint Private Securities LLC now owns 2,107 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 702 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Waste Connections by 16.4% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 5,128 shares of the business services provider’s stock valued at $359,000 after purchasing an additional 721 shares during the last quarter. Dai Ichi Life Insurance Company Ltd lifted its stake in Waste Connections by 21.5% in the 3rd quarter. Dai Ichi Life Insurance Company Ltd now owns 4,473 shares of the business services provider’s stock valued at $313,000 after purchasing an additional 791 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. lifted its stake in Waste Connections by 1.9% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 43,520 shares of the business services provider’s stock valued at $3,045,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 82.11% of the company’s stock.

WCN has been the subject of several research reports. Bank of America initiated coverage on shares of Waste Connections in a research note on Thursday, December 28th. They issued a “buy” rating and a $80.00 price objective for the company. Stifel Nicolaus reissued a “buy” rating and issued a $85.00 price objective on shares of Waste Connections in a research note on Thursday, January 4th. KeyCorp reaffirmed a “buy” rating and set a $78.00 price target on shares of Waste Connections in a research note on Friday, October 27th. Zacks Investment Research raised shares of Waste Connections from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Sunday, January 21st. Finally, TD Securities raised their price target on shares of Waste Connections from $73.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $78.56.

Waste Connections Inc (NYSE:WCN) traded up $0.47 during trading hours on Wednesday, reaching $68.96. 217,975 shares of the company’s stock were exchanged, compared to its average volume of 855,924. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $17,888.04, a PE ratio of 51.89, a price-to-earnings-growth ratio of 3.57 and a beta of 0.16. Waste Connections Inc has a 1-year low of $54.16 and a 1-year high of $74.20.

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Waste Connections Company Profile

Waste Connections, Inc is a solid waste services company in North America. The Company provides waste collection, transfer, disposal and recycling services in markets in the United States and Canada. The Company operates through six segments: Southern segment, Western segment, Eastern segment, Canada segment, Central segment and E&P segment.

Institutional Ownership by Quarter for Waste Connections (NYSE:WCN)

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