Advanced Disposal Services Inc. (NYSE:ADSW) CFO Steven R. Carn sold 18,666 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $23.07, for a total transaction of $430,624.62. Following the completion of the transaction, the chief financial officer now directly owns 157,737 shares in the company, valued at approximately $3,638,992.59. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Advanced Disposal Services Inc. (ADSW) traded down $0.62 during trading on Tuesday, reaching $22.69. 283,494 shares of the company traded hands, compared to its average volume of 350,910. Advanced Disposal Services Inc. has a 12-month low of $19.23 and a 12-month high of $25.71. The stock has a market cap of $2,060.00 and a P/E ratio of 41.14. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.63 and a quick ratio of 0.63.

Advanced Disposal Services (NYSE:ADSW) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). Advanced Disposal Services had a positive return on equity of 5.84% and a negative net margin of 1.61%. The firm had revenue of $392.70 million for the quarter, compared to analysts’ expectations of $383.11 million. During the same period last year, the firm earned $0.06 EPS. The business’s quarterly revenue was up 8.9% on a year-over-year basis. sell-side analysts predict that Advanced Disposal Services Inc. will post 0.51 earnings per share for the current year.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research note on Tuesday. KeyCorp assumed coverage on shares of Advanced Disposal Services in a research note on Thursday, November 30th. They issued a “sector weight” rating on the stock. Credit Suisse Group cut their target price on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, November 3rd. BidaskClub downgraded shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Finally, Stifel Nicolaus downgraded shares of Advanced Disposal Services from a “buy” rating to a “hold” rating and set a $26.00 target price on the stock. in a research note on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Advanced Disposal Services presently has an average rating of “Hold” and an average target price of $26.13.

Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its stake in Advanced Disposal Services by 7,290.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 60,897 shares of the company’s stock worth $1,384,000 after buying an additional 60,073 shares during the period. Jennison Associates LLC increased its position in shares of Advanced Disposal Services by 1.2% in the 3rd quarter. Jennison Associates LLC now owns 2,529,995 shares of the company’s stock worth $63,731,000 after purchasing an additional 28,767 shares during the last quarter. Tygh Capital Management Inc. bought a new stake in shares of Advanced Disposal Services in the 2nd quarter worth about $4,461,000. Nationwide Fund Advisors increased its position in shares of Advanced Disposal Services by 217.7% in the 2nd quarter. Nationwide Fund Advisors now owns 41,647 shares of the company’s stock worth $947,000 after purchasing an additional 28,538 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Advanced Disposal Services by 22.5% in the 2nd quarter. Northern Trust Corp now owns 313,086 shares of the company’s stock worth $7,116,000 after purchasing an additional 57,412 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

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Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc is an integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements. The Company’s segments include South, East, Midwest and Corporate. As of December 31, 2016, the Company had its presence in 16 states across the Midwest, South and East regions of the United States, as well as in the Commonwealth of the Bahamas, served approximately 2.7 million residential customers and over 200,000 commercial and industrial (C&I) customers through its network of 90 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated active landfills.

Insider Buying and Selling by Quarter for Advanced Disposal Services (NYSE:ADSW)

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