Tower Research Capital LLC TRC bought a new position in shares of Advanced Disposal Services Inc (NYSE:ADSW) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 4,035 shares of the company’s stock, valued at approximately $100,000.
Several other institutional investors have also recently made changes to their positions in ADSW. SG Americas Securities LLC acquired a new stake in shares of Advanced Disposal Services during the 1st quarter worth about $132,000. Schwab Charles Investment Management Inc. increased its position in shares of Advanced Disposal Services by 5.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 222,066 shares of the company’s stock worth $4,948,000 after purchasing an additional 10,571 shares in the last quarter. Northern Trust Corp increased its position in shares of Advanced Disposal Services by 19.1% during the 1st quarter. Northern Trust Corp now owns 576,872 shares of the company’s stock worth $12,852,000 after purchasing an additional 92,448 shares in the last quarter. BlackRock Inc. increased its position in shares of Advanced Disposal Services by 10.2% during the 1st quarter. BlackRock Inc. now owns 3,049,594 shares of the company’s stock worth $67,944,000 after purchasing an additional 282,414 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of Advanced Disposal Services by 17.2% during the 1st quarter. New York State Common Retirement Fund now owns 47,800 shares of the company’s stock worth $1,065,000 after purchasing an additional 7,000 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.
Shares of NYSE:ADSW opened at $25.67 on Friday. Advanced Disposal Services Inc has a 12 month low of $21.50 and a 12 month high of $27.93. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 54.62, a P/E/G ratio of 3.04 and a beta of 0.61.
Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings data on Wednesday, August 1st. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. Advanced Disposal Services had a net margin of 3.72% and a return on equity of 5.68%. The firm had revenue of $398.10 million for the quarter, compared to analyst estimates of $390.72 million. During the same quarter in the prior year, the firm earned $0.16 EPS. The company’s revenue was up 3.9% on a year-over-year basis. Analysts expect that Advanced Disposal Services Inc will post 0.6 earnings per share for the current fiscal year.
A number of equities research analysts recently issued reports on ADSW shares. Zacks Investment Research cut shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. First Analysis increased their target price on shares of Advanced Disposal Services to $32.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, September 18th. Finally, Morgan Stanley started coverage on shares of Advanced Disposal Services in a research report on Friday. They set a “weight” rating and a $27.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $28.00.
Advanced Disposal Services Company Profile
Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.
See Also: Using the New Google Finance Tool
Receive News & Ratings for Advanced Disposal Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Disposal Services and related companies with MarketBeat.com's FREE daily email newsletter.