Nicholas Company Inc. purchased a new position in shares of Advanced Disposal Services Inc (NYSE:ADSW) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 216,770 shares of the company’s stock, valued at approximately $5,189,000. Nicholas Company Inc. owned approximately 0.24% of Advanced Disposal Services at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Meeder Asset Management Inc. bought a new stake in Advanced Disposal Services during the 4th quarter worth about $26,000. Sawgrass Asset Management LLC bought a new stake in Advanced Disposal Services during the 4th quarter worth about $362,000. Vanguard Group Inc. lifted its position in Advanced Disposal Services by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,894,669 shares of the company’s stock worth $159,628,000 after buying an additional 240,096 shares in the last quarter. Vanguard Group Inc lifted its position in Advanced Disposal Services by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 5,894,669 shares of the company’s stock worth $159,628,000 after buying an additional 240,096 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in Advanced Disposal Services by 2,412.9% during the 3rd quarter. SG Americas Securities LLC now owns 171,705 shares of the company’s stock worth $4,650,000 after buying an additional 164,872 shares in the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ADSW stock opened at $26.91 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $2.38 billion, a PE ratio of 46.40, a PEG ratio of 4.45 and a beta of 0.72. Advanced Disposal Services Inc has a 52-week low of $21.75 and a 52-week high of $28.00.
Advanced Disposal Services (NYSE:ADSW) last issued its earnings results on Thursday, February 21st. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.13. The company had revenue of $394.80 million for the quarter, compared to analysts’ expectations of $386.64 million. Advanced Disposal Services had a net margin of 0.60% and a return on equity of 5.69%. Advanced Disposal Services’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. As a group, equities analysts forecast that Advanced Disposal Services Inc will post 0.61 earnings per share for the current year.
ADSW has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Friday, March 1st. TheStreet cut shares of Advanced Disposal Services from a “b-” rating to a “c+” rating in a report on Monday, December 24th. Morgan Stanley set a $24.00 target price on shares of Advanced Disposal Services and gave the company a “hold” rating in a report on Tuesday, January 8th. KeyCorp initiated coverage on shares of Advanced Disposal Services in a report on Monday, February 4th. They issued a “sector weight” rating on the stock. Finally, Bank of America cut shares of Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 target price on the stock. in a report on Tuesday, February 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $28.40.
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Advanced Disposal Services 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.
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