Spinnaker Trust scooped up 1,895 additional shares in Waste Management during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 24,342 shares of Waste Management which is valued at $1,602,190.Waste Management makes up approximately 0.22% of Spinnaker Trust’s portfolio.
Other Hedge Funds, Including , Hudock Capital Group boosted its stake in WM in the latest quarter, The investment management firm added 11 additional shares and now holds a total of 1,715 shares of Waste Management which is valued at $112,881. Waste Management makes up approx 0.06% of Hudock Capital Group’s portfolio.Baring Asset Management Ltd reduced its stake in WM by selling 4,021 shares or 49.64% in the most recent quarter. The Hedge Fund company now holds 4,079 shares of WM which is valued at $269,622. Waste Management makes up approx 0.02% of Baring Asset Management Ltd’s portfolio.Tnb Financial reduced its stake in WM by selling 903 shares or 14.49% in the most recent quarter. The Hedge Fund company now holds 5,330 shares of WM which is valued at $361,214. Waste Management makes up approx 0.09% of Tnb Financial’s portfolio.Carroll Financial Associates boosted its stake in WM in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 467 shares of Waste Management which is valued at $31,649. Waste Management makes up approx 0.01% of Carroll Financial Associates’s portfolio.
Waste Management closed down -0.04 points or -0.06% at $65.78 with 13,31,172 shares getting traded on Thursday. Post opening the session at $66, the shares hit an intraday low of $65.68 and an intraday high of $66.2699 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Waste Management reported $0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.71. The company had revenue of $3425.00 million for the quarter, compared to analysts expectations of $3403.58 million. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.
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