Waste Mgmt Del (WM) Holder Robecosam Ag Increased Position; Highlander Capital Management Decreased Its Mgic Investment (MTG) Holding by $357,070; Stock Value Declined

May 19, 2018 - By Ellis Scott

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Robecosam Ag increased its stake in Waste Mgmt Inc Del (WM) by 14.72% based on its latest 2017Q4 regulatory filing with the SEC. Robecosam Ag bought 39,168 shares as the company’s stock declined 3.05% with the market. The institutional investor held 305,345 shares of the public utilities company at the end of 2017Q4, valued at $26.35 million, up from 266,177 at the end of the previous reported quarter. Robecosam Ag who had been investing in Waste Mgmt Inc Del for a number of months, seems to be bullish on the $35.14 billion market cap company. It closed at $81.48 lastly. It is down 15.87% since May 19, 2017 and is uptrending. It has outperformed by 4.32% the S&P500.

Highlander Capital Management Llc decreased its stake in Mgic Investment Corp (MTG) by 18.41% based on its latest 2017Q4 regulatory filing with the SEC. Highlander Capital Management Llc sold 25,505 shares as the company’s stock declined 11.07% with the market. The institutional investor held 113,062 shares of the property-casualty insurers company at the end of 2017Q4, valued at $1.60M, down from 138,567 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in Mgic Investment Corp for a number of months, seems to be less bullish one the $3.97 billion market cap company. The stock decreased 0.83% or $0.09 during the last trading session, reaching $10.69. About 4.01 million shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 30.58% since May 19, 2017 and is uptrending. It has outperformed by 19.03% the S&P500.

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.16, from 0.93 in 2017Q3. It is positive, as 41 investors sold WM shares while 297 reduced holdings. 110 funds opened positions while 259 raised stakes. 318.69 million shares or 0.70% more from 316.48 million shares in 2017Q3 were reported. Boston Research & Management Inc reported 3,580 shares. Hartline Invest reported 0.76% in Waste Management, Inc. (NYSE:WM). Rhumbline Advisers, a Massachusetts-based fund reported 743,584 shares. Peak6 Invs Limited Partnership holds 0.04% of its portfolio in Waste Management, Inc. (NYSE:WM) for 98,733 shares. Security Tru Com has invested 0.03% in Waste Management, Inc. (NYSE:WM). Walter Keenan Consulting Com Mi Adv, a Indiana-based fund reported 3,600 shares. Connable Office holds 0.49% or 29,061 shares in its portfolio. 50,432 were accumulated by Twin Capital Management Inc. 300,785 were reported by First Republic Mngmt. Pettee stated it has 0.9% of its portfolio in Waste Management, Inc. (NYSE:WM). Ing Groep Nv accumulated 49,241 shares or 0.07% of the stock. Coldstream Mgmt Incorporated has invested 0.03% in Waste Management, Inc. (NYSE:WM). Telemus Capital Ltd Com reported 200 shares. Retirement Sys Of Alabama stated it has 0.17% of its portfolio in Waste Management, Inc. (NYSE:WM). Moreover, Assetmark has 0% invested in Waste Management, Inc. (NYSE:WM) for 551 shares.

Among 16 analysts covering Waste Management Inc. (NYSE:WM), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. Waste Management Inc. had 48 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Waste Management, Inc. (NYSE:WM) has “Overweight” rating given on Monday, November 7 by Barclays Capital. The rating was upgraded by Bank of America on Monday, October 31 to “Buy”. Stifel Nicolaus downgraded the shares of WM in report on Wednesday, October 4 to “Hold” rating. BMO Capital Markets maintained it with “Buy” rating and $9000 target in Friday, April 20 report. The firm has “Overweight” rating given on Thursday, October 22 by Barclays Capital. The stock of Waste Management, Inc. (NYSE:WM) has “Buy” rating given on Thursday, January 4 by Stifel Nicolaus. The firm has “Buy” rating by BMO Capital Markets given on Friday, October 13. On Monday, October 30 the stock rating was maintained by Credit Suisse with “Buy”. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, October 27 report. The rating was initiated by Bank of America on Monday, April 25 with “Neutral”.

More notable recent Waste Management, Inc. (NYSE:WM) news were published by: Seekingalpha.com which released: “Waste Management: Make Garbage Green Again” on May 08, 2018, also Streetinsider.com with their article: “Waste Management (WM) Elects Thomas H. Weidemeyer as New Chairman” published on May 17, 2018, Seekingalpha.com published: “The Biggest Risks To Waste Management” on May 16, 2018. More interesting news about Waste Management, Inc. (NYSE:WM) were released by: Seekingalpha.com and their article: “Waste Management Is King” published on May 13, 2018 as well as Seekingalpha.com‘s news article titled: “Waste Management: The Effects Of China’s Recycling Import Ban” with publication date: April 23, 2018.

Since January 15, 2018, it had 0 insider purchases, and 20 sales for $12.95 million activity. 856 shares were sold by Rankin Devina A, worth $71,998. Morris John J sold $1.55 million worth of stock or 18,254 shares. Another trade for 358 shares valued at $31,644 was sold by CLARK FRANK M. Another trade for 1,840 shares valued at $154,727 was sold by Harris Jeff M. 358 shares were sold by POPE JOHN C, worth $31,648. Hmmer Tara J. sold $9,515 worth of stock or 111 shares.

Robecosam Ag, which manages about $1.51 billion US Long portfolio, decreased its stake in Cvs Health Corp (NYSE:CVS) by 9,081 shares to 121,480 shares, valued at $8.87 million in 2017Q4, according to the filing. It also reduced its holding in Occidental Pete Corp Del (NYSE:OXY) by 7,493 shares in the quarter, leaving it with 68,344 shares, and cut its stake in Praxair Inc (NYSE:PX).

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. MGIC Investment Corp. had 54 analyst reports since August 12, 2015 according to SRatingsIntel. Compass Point maintained it with “Neutral” rating and $8.50 target in Tuesday, May 10 report. The firm has “Buy” rating given on Thursday, April 13 by Compass Point. The stock of MGIC Investment Corporation (NYSE:MTG) has “Outperform” rating given on Thursday, June 30 by FBR Capital. The firm has “Buy” rating given on Tuesday, November 14 by BTIG Research. BTIG Research maintained it with “Buy” rating and $1800 target in Thursday, April 26 report. The rating was maintained by B. Riley & Co on Tuesday, April 10 with “Buy”. The firm has “Buy” rating given on Thursday, July 20 by FBR Capital. Susquehanna maintained the shares of MTG in report on Wednesday, April 18 with “Buy” rating. The firm has “Buy” rating by BTIG Research given on Wednesday, December 20. FBR Capital maintained the shares of MTG in report on Monday, February 13 with “Outperform” rating.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on July, 19. They expect $0.35 earnings per share, up 12.90% or $0.04 from last year’s $0.31 per share. MTG’s profit will be $129.98 million for 7.64 P/E if the $0.35 EPS becomes a reality. After $0.38 actual earnings per share reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

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