Waste Management, Inc. (WM) Shares Bought by Eaton Vance Management

Eaton Vance Management increased its position in shares of Waste Management, Inc. (NYSE:WM) by 0.2% during the third quarter, Holdings Channel reports. The firm owned 223,782 shares of the company’s stock after buying an additional 400 shares during the period. Eaton Vance Management owned approximately 0.05% of Waste Management worth $14,268,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of WM. Hudock Capital Group LLC boosted its position in shares of Waste Management by 0.6% in the third quarter. Hudock Capital Group LLC now owns 1,726 shares of the company’s stock worth $110,000 after buying an additional 11 shares during the period. TLP Group LLC purchased a new stake in Waste Management during the third quarter valued at approximately $125,000. Kernodle & Katon Asset Management Group LLC boosted its stake in Waste Management by 1.4% in the third quarter. Kernodle & Katon Asset Management Group LLC now owns 2,400 shares of the company’s stock valued at $153,000 after buying an additional 32 shares during the last quarter. Financial Architects Inc boosted its stake in Waste Management by 24.3% in the third quarter. Financial Architects Inc now owns 2,489 shares of the company’s stock valued at $159,000 after buying an additional 486 shares during the last quarter. Finally, Brick & Kyle Associates boosted its stake in Waste Management by 1.3% in the third quarter. Brick & Kyle Associates now owns 2,837 shares of the company’s stock valued at $181,000 after buying an additional 37 shares during the last quarter. 74.05% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Waste Management (NYSE:WM)

Shares of Waste Management, Inc. (NYSE:WM) traded up 0.41% during trading on Friday, reaching $70.54. 1,617,277 shares of the company’s stock were exchanged. Waste Management, Inc. has a 52-week low of $54.03 and a 52-week high of $71.78. The firm has a market capitalization of $31.18 billion, a P/E ratio of 28.31 and a beta of 0.70. The company has a 50 day moving average of $69.98 and a 200 day moving average of $66.72.

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WM has been the subject of several recent analyst reports. Vetr raised shares of Waste Management from a “sell” rating to a “hold” rating and set a $72.12 target price for the company in a research note on Tuesday, January 3rd. Bank of America Corporation raised shares of Waste Management from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Monday, October 31st. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Waste Management in a research note on Tuesday, November 1st. They issued a “sell” rating and a $63.00 target price for the company. Zacks Investment Research cut shares of Waste Management from a “buy” rating to a “hold” rating in a research note on Monday, February 6th. Finally, Barclays PLC raised shares of Waste Management from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $63.37 to $70.00 in a research note on Monday, November 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $69.55.

In other Waste Management news, Director Patrick W. Gross sold 466 shares of the stock in a transaction on Thursday, January 19th. The shares were sold at an average price of $69.26, for a total value of $32,275.16. Following the completion of the sale, the director now directly owns 22,643 shares of the company’s stock, valued at approximately $1,568,254.18. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John C. Pope sold 433 shares of the stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $69.42, for a total transaction of $30,058.86. Following the completion of the sale, the director now directly owns 50,858 shares of the company’s stock, valued at $3,530,562.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,332 shares of company stock worth $92,466. 0.42% of the stock is currently owned by company insiders.

About Waste Management

Waste Management, Inc is a holding company. The Company provides waste management environmental services. The Company’s segments include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services.

5 Day Chart for NYSE:WM

Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM).

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