Shares of Progressive Waste Solutions Ltd. (NYSE:WCN) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $74.35 and last traded at $73.75, with a volume of 538,637 shares traded. The stock had previously closed at $73.18.

A number of equities analysts have weighed in on WCN shares. Zacks Investment Research raised Progressive Waste Solutions from a “hold” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Tuesday. TheStreet raised Progressive Waste Solutions from a “hold” rating to a “buy” rating in a research report on Friday, July 8th. Imperial Capital reissued an “outperform” rating and set a $80.00 price target (up previously from $75.00) on shares of Progressive Waste Solutions in a research report on Friday, June 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 price target on shares of Progressive Waste Solutions in a research report on Tuesday, June 14th. Finally, TD Securities downgraded Progressive Waste Solutions from a “buy” rating to a “hold” rating and set a $78.00 price target on the stock. in a research report on Monday, June 13th. Five analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $69.81.

The company’s 50-day moving average price is $71.21 and its 200 day moving average price is $64.70. The stock’s market capitalization is $9.03 billion.

Progressive Waste Solutions (NYSE:WCN) last posted its quarterly earnings results on Wednesday, April 27th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.05. During the same period last year, the firm posted $0.25 EPS. The company earned $471.40 million during the quarter, compared to the consensus estimate of $459.16 million. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities analysts predict that Progressive Waste Solutions Ltd. will post $2.40 earnings per share for the current fiscal year.

In related news, VP Patrick James Shea sold 5,000 shares of Progressive Waste Solutions stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $73.05, for a total value of $365,250.00. Following the completion of the transaction, the vice president now directly owns 44,219 shares in the company, valued at approximately $3,230,197.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP James Little sold 3,000 shares of Progressive Waste Solutions stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $70.60, for a total transaction of $211,800.00. Following the completion of the transaction, the vice president now owns 44,696 shares of the company’s stock, valued at $3,155,537.60. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Progressive Waste Solutions by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 8,372,355 shares of the company’s stock worth $471,531,000 after buying an additional 160,612 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Progressive Waste Solutions by 7.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,624,223 shares of the company’s stock worth $147,801,000 after buying an additional 184,938 shares during the period. Brown Advisory Inc. raised its position in Progressive Waste Solutions by 2.2% in the fourth quarter. Brown Advisory Inc. now owns 1,188,912 shares of the company’s stock worth $66,959,000 after buying an additional 25,349 shares during the period. Edge Asset Management Inc. raised its position in Progressive Waste Solutions by 10.5% in the fourth quarter. Edge Asset Management Inc. now owns 520,462 shares of the company’s stock worth $29,313,000 after buying an additional 49,666 shares during the period. Finally, California Public Employees Retirement System raised its position in Progressive Waste Solutions by 11.4% in the fourth quarter. California Public Employees Retirement System now owns 409,970 shares of the company’s stock worth $23,090,000 after buying an additional 41,900 shares during the period.

Waste Connections, Inc is an integrated municipal solid waste (MSW) services company. The Company provides solid waste collection, transfer, disposal and recycling services in the United States. The Company is a provider of non-hazardous exploration and production (E&P), waste treatment, recovery and disposal services in various areas of the United States.

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