Waste Management, Inc. (WM) Reaches $83.63 After 7.00% Up Move; Peconic Partners Upped T Mobile Us (TMUS) Position

February 15, 2018 - By Marie Mckinney

The stock of Waste Management, Inc. (NYSE:WM) is a huge mover today! The stock increased 1.25% or $1.0301 during the last trading session, reaching $83.6301. About 2.06M shares traded or 2.36% up from the average. Waste Management, Inc. (NYSE:WM) has risen 16.03% since February 15, 2017 and is uptrending. It has underperformed by 0.67% the S&P500.The move comes after 8 months positive chart setup for the $36.31B company. It was reported on Feb, 15 by Barchart.com. We have $89.48 PT which if reached, will make NYSE:WM worth $2.54B more.

Peconic Partners Llc increased T Mobile Us Inc (TMUS) stake by 200% reported in 2017Q3 SEC filing. Peconic Partners Llc acquired 20,000 shares as T Mobile Us Inc (TMUS)’s stock rose 3.83%. The Peconic Partners Llc holds 30,000 shares with $1.85 million value, up from 10,000 last quarter. T Mobile Us Inc now has $49.80 billion valuation. The stock decreased 0.58% or $0.34 during the last trading session, reaching $58.28. About 1.15M shares traded. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since February 15, 2017 and is uptrending. It has outperformed by 45.93% the S&P500.

Since January 15, 2018, it had 0 insider buys, and 3 sales for $97,466 activity. CLARK FRANK M had sold 358 shares worth $31,644. POPE JOHN C sold $31,648 worth of stock. Shares for $34,174 were sold by GROSS PATRICK W on Monday, January 15.

Among 14 analysts covering Waste Management Inc. (NYSE:WM), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Waste Management Inc. had 42 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Thursday, October 13. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, July 5. Stifel Nicolaus downgraded the shares of WM in report on Wednesday, October 4 to “Hold” rating. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Tuesday, August 9 report. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, August 9 report. The firm has “Outperform” rating given on Wednesday, January 3 by Macquarie Research. The rating was maintained by BMO Capital Markets on Friday, September 8 with “Buy”. As per Thursday, October 22, the company rating was initiated by Barclays Capital. The stock of Waste Management, Inc. (NYSE:WM) has “Sell” rating given on Tuesday, November 1 by Goldman Sachs. The stock of Waste Management, Inc. (NYSE:WM) has “Buy” rating given on Monday, August 28 by Stifel Nicolaus.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.10, from 1.03 in 2017Q2. It worsened, as 42 investors sold Waste Management, Inc. shares while 308 reduced holdings. 79 funds opened positions while 248 raised stakes. 316.48 million shares or 7.61% less from 342.53 million shares in 2017Q2 were reported. Massachusetts-based Liberty Mutual Grp Asset Management has invested 0.07% in Waste Management, Inc. (NYSE:WM). Proshare Advsr holds 0.05% in Waste Management, Inc. (NYSE:WM) or 71,663 shares. Natixis reported 43,533 shares or 0.03% of all its holdings. Fuller & Thaler Asset Inc invested 0% in Waste Management, Inc. (NYSE:WM). Wendell David Associates Inc, New Hampshire-based fund reported 2,616 shares. Connable Office accumulated 0.49% or 30,396 shares. Tiedemann Wealth Management Lc reported 0.03% of its portfolio in Waste Management, Inc. (NYSE:WM). Twin Capital Mgmt Incorporated, a Pennsylvania-based fund reported 42,610 shares. Thompson Siegel And Walmsley Ltd accumulated 450 shares. Impax Asset Mgmt Limited owns 1.31% invested in Waste Management, Inc. (NYSE:WM) for 548,205 shares. Bnp Paribas Arbitrage stated it has 416,535 shares or 0.08% of all its holdings. First Hawaiian National Bank reported 0.04% in Waste Management, Inc. (NYSE:WM). Whittier Trust Co Of Nevada holds 6,020 shares or 0.04% of its portfolio. Seaward Mngmt Lp holds 0.1% of its portfolio in Waste Management, Inc. (NYSE:WM) for 27,062 shares. Arrowstreet Capital Ltd Partnership reported 1.24 million shares.

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal clients in North America. The company has market cap of $36.31 billion. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility , or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. It has a 26.8 P/E ratio. As of December 31, 2016, the firm owned or operated 95 MRFs; and 243 solid waste landfills and 5 secure hazardous waste landfills, as well as 310 transfer stations.

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