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. The stock had previously closed at $73.18.

Several equities research analysts have issued reports on the company. Zacks Investment Research upgraded Progressive Waste Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, May 4th. Wedbush restated a “buy” rating on shares of Progressive Waste Solutions in a report on Saturday, April 30th. Royal Bank Of Canada lifted their price objective on Progressive Waste Solutions from $27.00 to $28.00 and gave the stock a “sector perform” rating in a report on Wednesday, June 1st. Stifel Nicolaus lifted their price objective on Progressive Waste Solutions from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 27th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Progressive Waste Solutions in a report on Sunday, May 29th. 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’s stock. The company has a consensus rating of “Buy” and a consensus price target of $69.81.

The firm’s 50 day moving average is $71.57 and its 200 day moving average is $64.89. The stock’s market capitalization is $8.98 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, beating the consensus estimate of $0.20 by $0.05. The firm earned $471.40 million during the quarter, compared to analyst estimates of $459.16 million. The company’s revenue was up 2.4% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS. Equities research analysts forecast that Progressive Waste Solutions Ltd. will post $3.12 EPS for the current year.

In other news, VP James Little sold 3,000 shares of the stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $70.60, for a total value of $211,800.00. Following the completion of the transaction, the vice president now directly owns 44,696 shares of the company’s stock, valued at approximately $3,155,537.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Patrick James Shea sold 5,000 shares of the stock in a transaction that occurred on Friday, June 10th. The stock was 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 of the company’s stock, valued at $3,230,197.95. The disclosure for this sale can be found here.

Other institutional investors recently modified their holdings of the company. Morgan Stanley boosted its position in shares of Progressive Waste Solutions by 20.3% in the fourth quarter. Morgan Stanley now owns 182,727 shares of the company’s stock worth $10,291,000 after buying an additional 30,815 shares during the last quarter. GSA Capital Partners LLP boosted its position in shares of Progressive Waste Solutions by 479.1% in the fourth quarter. GSA Capital Partners LLP now owns 24,900 shares of the company’s stock worth $1,402,000 after buying an additional 20,600 shares during the last quarter. Liberty Mutual Group Asset Management Inc. boosted its position in shares of Progressive Waste Solutions by 49.0% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 78,346 shares of the company’s stock worth $4,413,000 after buying an additional 25,769 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of 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 during the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of Progressive Waste Solutions during the fourth quarter worth about $1,794,000.

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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