NumerixS Investment Technologies Inc Buys 2,800 Shares of Advanced Disposal Services Inc (ADSW)

NumerixS Investment Technologies Inc raised its stake in shares of Advanced Disposal Services Inc (NYSE:ADSW) by 700.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,200 shares of the company’s stock after purchasing an additional 2,800 shares during the period. NumerixS Investment Technologies Inc’s holdings in Advanced Disposal Services were worth $75,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Capital International Investors bought a new position in shares of Advanced Disposal Services in the third quarter worth about $44,100,000. Victory Capital Management Inc. lifted its position in shares of Advanced Disposal Services by 138.1% in the fourth quarter. Victory Capital Management Inc. now owns 1,895,496 shares of the company’s stock worth $45,378,000 after buying an additional 1,099,528 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Advanced Disposal Services by 13.1% in the third quarter. JPMorgan Chase & Co. now owns 5,555,920 shares of the company’s stock worth $150,454,000 after buying an additional 643,481 shares in the last quarter. Federated Investors Inc. PA purchased a new stake in shares of Advanced Disposal Services in the third quarter worth about $11,456,000. Finally, BlackRock Inc. lifted its position in shares of Advanced Disposal Services by 7.8% in the third quarter. BlackRock Inc. now owns 4,736,397 shares of the company’s stock worth $128,262,000 after buying an additional 341,641 shares in the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

Shares of ADSW stock opened at $26.91 on Friday. Advanced Disposal Services Inc has a 1 year low of $21.75 and a 1 year high of $28.00. 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 company has a market cap of $2.38 billion, a price-to-earnings ratio of 46.40, a P/E/G ratio of 4.45 and a beta of 0.72.

Advanced Disposal Services (NYSE:ADSW) last issued its quarterly earnings data on Thursday, February 21st. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.13. Advanced Disposal Services had a return on equity of 5.69% and a net margin of 0.60%. The business had revenue of $394.80 million for the quarter, compared to the consensus estimate of $386.64 million. During the same period in the prior year, the business posted $0.13 earnings per share. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts anticipate that Advanced Disposal Services Inc will post 0.61 earnings per share for the current fiscal year.

A number of equities research analysts recently commented on the company. TheStreet downgraded Advanced Disposal Services from a “b-” rating to a “c+” rating in a research report on Monday, December 24th. Zacks Investment Research downgraded Advanced Disposal Services from a “buy” rating to a “hold” rating in a research report on Tuesday, February 26th. KeyCorp assumed coverage on Advanced Disposal Services in a research report on Monday, February 4th. They issued a “sector weight” rating on the stock. Morgan Stanley set a $24.00 target price on Advanced Disposal Services and gave the stock a “hold” rating in a research report on Tuesday, January 8th. Finally, Bank of America downgraded Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 target price on the stock. in a research report on Tuesday, February 19th. One 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 company has an average rating of “Buy” and an average target price of $28.40.

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About Advanced Disposal Services

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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Institutional Ownership by Quarter for Advanced Disposal Services (NYSE:ADSW)

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