Menta Capital LLC Sells 1,553 Shares of Advanced Disposal Services Inc (ADSW)

Menta Capital LLC cut its holdings in shares of Advanced Disposal Services Inc (NYSE:ADSW) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,065 shares of the company’s stock after selling 1,553 shares during the period. Menta Capital LLC’s holdings in Advanced Disposal Services were worth $456,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ADSW. Meeder Asset Management Inc. acquired a new stake in Advanced Disposal Services in the fourth quarter valued at approximately $26,000. Sawgrass Asset Management LLC acquired a new stake in Advanced Disposal Services in the fourth quarter valued at approximately $362,000. Vanguard Group Inc. boosted its stake in Advanced Disposal Services by 4.2% in the third quarter. Vanguard Group Inc. now owns 5,894,669 shares of the company’s stock valued at $159,628,000 after acquiring an additional 240,096 shares in the last quarter. Vanguard Group Inc boosted its stake in Advanced Disposal Services by 4.2% in the third quarter. Vanguard Group Inc now owns 5,894,669 shares of the company’s stock valued at $159,628,000 after acquiring an additional 240,096 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in Advanced Disposal Services by 2,412.9% in the third quarter. SG Americas Securities LLC now owns 171,705 shares of the company’s stock valued at $4,650,000 after acquiring an additional 164,872 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Several brokerages have weighed in on ADSW. Zacks Investment Research downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating in a research note on Monday, March 4th. Morgan Stanley set a $24.00 target price on shares of Advanced Disposal Services and gave the company a “hold” rating in a research note on Tuesday, January 8th. TheStreet downgraded shares of Advanced Disposal Services from a “b-” rating to a “c+” rating in a research note on Monday, December 24th. KeyCorp began coverage on shares of Advanced Disposal Services in a research note on Monday, February 4th. They issued a “sector weight” rating for the company. Finally, Bank of America downgraded shares of Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 target price for the company. in a research note on Tuesday, February 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $28.40.

NYSE ADSW opened at $26.91 on Friday. The firm has a market capitalization 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 Inc has a 12-month low of $21.75 and a 12-month high of $28.00. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.65 and a quick ratio of 0.65.

Advanced Disposal Services (NYSE:ADSW) last posted its quarterly earnings results on Thursday, February 21st. The company reported $0.13 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.13. The business had revenue of $394.80 million during the quarter, compared to analysts’ expectations of $386.64 million. Advanced Disposal Services had a net margin of 0.60% and a return on equity of 5.69%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $0.13 earnings per share. As a group, equities analysts anticipate that Advanced Disposal Services Inc will post 0.61 earnings per share for the current year.

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Advanced Disposal Services Profile

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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