Comprehensive Financial Planning Inc. PA Invests $69,000 in Waste Connections, Inc. (NYSE:WCN)

Comprehensive Financial Planning Inc. PA acquired a new stake in Waste Connections, Inc. (NYSE:WCN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 400 shares of the business services provider’s stock, valued at approximately $69,000.

Other large investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its position in Waste Connections by 4.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 2,464 shares of the business services provider’s stock valued at $423,000 after buying an additional 106 shares during the last quarter. Entropy Technologies LP acquired a new position in Waste Connections in the fourth quarter valued at approximately $706,000. Wilmington Savings Fund Society FSB raised its stake in shares of Waste Connections by 229.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,468 shares of the business services provider’s stock worth $595,000 after buying an additional 2,414 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of Waste Connections during the 4th quarter worth approximately $370,000. Finally, EULAV Asset Management raised its stake in Waste Connections by 12.3% in the 4th quarter. EULAV Asset Management now owns 657,188 shares of the business services provider’s stock valued at $112,760,000 after purchasing an additional 72,000 shares during the last quarter. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Price Performance

WCN stock opened at $189.66 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $48.95 billion, a P/E ratio of 52.10, a P/E/G ratio of 2.97 and a beta of 0.77. The business’s 50-day moving average is $179.50 and its two-hundred day moving average is $181.23. Waste Connections, Inc. has a 1 year low of $153.07 and a 1 year high of $194.83.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Morgan Stanley upped their target price on Waste Connections from $206.00 to $214.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Citigroup upped their target price on Waste Connections from $195.00 to $196.00 and gave the company a “neutral” rating in a report on Monday, January 13th. JPMorgan Chase & Co. dropped their target price on Waste Connections from $198.00 to $197.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Oppenheimer upped their target price on Waste Connections from $192.00 to $195.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Royal Bank of Canada upped their target price on Waste Connections from $199.00 to $201.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Waste Connections has a consensus rating of “Moderate Buy” and a consensus target price of $199.06.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.