Waste Mgmt INC Del (WM) Shares Declined While Bokf Lifted Its Position

March 14, 2018 - By Peter Erickson

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.10, from 1.03 in 2017Q2. It turned negative, as 42 investors sold WM 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. Beck Cap Management Ltd Limited Liability Company reported 4,215 shares. Bradley Foster And Sargent Ct holds 0.02% in Waste Management, Inc. (NYSE:WM) or 5,629 shares. Da Davidson And Com holds 0.06% or 40,681 shares in its portfolio. Advantus Management accumulated 41,059 shares. 30,271 were accumulated by Hamilton Point Inv Advsr Ltd Liability. Teachers Retirement Systems Of The State Of Kentucky reported 43,505 shares. Hancock Company accumulated 182,996 shares. Bb&T reported 0.04% stake. 370,336 were reported by Cookson Peirce And Commerce. 190,700 are held by Laurion Capital Mngmt Lp. Hartline Inv Corporation stated it has 32,214 shares or 0.76% of all its holdings. Livingston Grp Asset Mngmt Com (Operating As Southport Capital Management) accumulated 5,359 shares or 0.18% of the stock. Sandy Spring Financial Bank holds 0.4% of its portfolio in Waste Management, Inc. (NYSE:WM) for 53,370 shares. Citigroup, New York-based fund reported 454,651 shares. Tompkins Finance stated it has 39,936 shares.

Since January 15, 2018, it had 0 buys, and 18 sales for $12.01 million activity. The insider Sjoqvist Nikolaj H sold $68,466. $5.21 million worth of Waste Management, Inc. (NYSE:WM) was sold by Harris Jeff M. Fish James C Jr also sold $181,524 worth of Waste Management, Inc. (NYSE:WM) shares. 679 shares were sold by Hmmer Tara J., worth $57,111 on Thursday, February 15. Shares for $31,644 were sold by CLARK FRANK M on Monday, January 15. The insider CALDWELL BARRY H sold $1.16M.

Bokf increased its stake in Waste Mgmt Inc Del (WM) by 68.38% based on its latest 2017Q3 regulatory filing with the SEC. Bokf bought 43,305 shares as the company’s stock declined 2.69% while stock markets rallied. The institutional investor held 106,633 shares of the public utilities company at the end of 2017Q3, valued at $8.35M, up from 63,328 at the end of the previous reported quarter. Bokf who had been investing in Waste Mgmt Inc Del for a number of months, seems to be bullish on the $37.58B market cap company. It closed at $86.66 lastly. It is down 16.03% since March 14, 2017 and is uptrending. It has underperformed by 0.67% the S&P500.

Bokf, which manages about $3.44B US Long portfolio, decreased its stake in Rockwell Collins Inc (NYSE:COL) by 32,190 shares to 11,820 shares, valued at $1.55M in 2017Q3, according to the filing. It also reduced its holding in Crown Castle Intl Corp New (NYSE:CCI) by 32,284 shares in the quarter, leaving it with 86,720 shares, and cut its stake in Rockwell Automation Inc (NYSE:ROK).

More notable recent Waste Management, Inc. (NYSE:WM) news were published by: Investorplace.com which released: “Waste Management, Inc. Tops Q4 Earnings Estimates” on February 15, 2018, also Seekingalpha.com with their article: “Waste Management: 9% Dividend Increase For This High-Quality Dividend Growth Stock” published on February 28, 2018, Forbes.com published: “Bill Gates Is Betting On Waste Management, And Here’s Why” on March 12, 2018. More interesting news about Waste Management, Inc. (NYSE:WM) were released by: Seekingalpha.com and their article: “Waste Management +3.2% beating expectations” published on February 15, 2018 as well as Nasdaq.com‘s news article titled: “Waste Management, Inc. (WM) Ex-Dividend Date Scheduled for March 08, 2018” with publication date: March 07, 2018.

Waste Management, Inc. (NYSE:WM) Ratings Coverage

Among 15 analysts covering Waste Management Inc. (NYSE:WM), 9 have Buy rating, 1 Sell and 5 Hold. Therefore 60% are positive. Waste Management Inc. had 45 analyst reports since July 28, 2015 according to SRatingsIntel. The company was initiated on Friday, November 6 by Credit Suisse. Wedbush downgraded the shares of WM in report on Thursday, October 13 to “Neutral” rating. The firm has “Buy” rating given on Monday, October 31 by Bank of America. The company was maintained on Friday, October 13 by BMO Capital Markets. The company was maintained on Friday, October 27 by Oppenheimer. Credit Suisse maintained it with “Buy” rating and $90.0 target in Monday, October 30 report. The stock has “In-Line” rating by Imperial Capital on Friday, July 29. The rating was maintained by Wedbush with “Neutral” on Tuesday, February 21. Barclays Capital initiated Waste Management, Inc. (NYSE:WM) on Thursday, October 22 with “Overweight” rating. The firm has “Neutral” rating by JP Morgan given on Thursday, December 17.

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