Dimensional Fund Advisors LP Has $28.14 Million Position in Advanced Disposal Services Inc (ADSW)

Dimensional Fund Advisors LP increased its position in shares of Advanced Disposal Services Inc (NYSE:ADSW) by 43.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,038,961 shares of the company’s stock after acquiring an additional 315,373 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.17% of Advanced Disposal Services worth $28,135,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ADSW. BlackRock Inc. boosted its holdings in shares of Advanced Disposal Services by 44.1% in the 2nd quarter. BlackRock Inc. now owns 4,394,756 shares of the company’s stock valued at $108,903,000 after purchasing an additional 1,345,162 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Advanced Disposal Services by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,555,920 shares of the company’s stock valued at $150,454,000 after purchasing an additional 643,481 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Advanced Disposal Services by 74.4% in the 2nd quarter. Millennium Management LLC now owns 1,070,212 shares of the company’s stock valued at $26,520,000 after purchasing an additional 456,484 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Advanced Disposal Services by 672.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 523,626 shares of the company’s stock valued at $14,180,000 after purchasing an additional 455,877 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Advanced Disposal Services by 6.3% in the 2nd quarter. FMR LLC now owns 7,045,994 shares of the company’s stock valued at $174,600,000 after purchasing an additional 415,573 shares during the last quarter. Institutional investors own 97.18% of the company’s stock.

NYSE:ADSW opened at $24.48 on Wednesday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 2.02. The firm has a market cap of $2.11 billion, a P/E ratio of 52.09, a price-to-earnings-growth ratio of 2.73 and a beta of 0.72. Advanced Disposal Services Inc has a twelve month low of $21.50 and a twelve month high of $27.93.

Advanced Disposal Services (NYSE:ADSW) last posted its earnings results on Wednesday, October 31st. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The business had revenue of $400.60 million for the quarter, compared to analyst estimates of $396.26 million. Advanced Disposal Services had a net margin of 3.16% and a return on equity of 5.71%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. Sell-side analysts forecast that Advanced Disposal Services Inc will post 0.58 EPS for the current year.

ADSW has been the topic of a number of research analyst reports. Credit Suisse Group lifted their price target on shares of Advanced Disposal Services from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Thursday, November 8th. Morgan Stanley initiated coverage on shares of Advanced Disposal Services in a report on Friday, October 12th. They issued a “weight” rating and a $27.00 price target on the stock. ValuEngine upgraded shares of Advanced Disposal Services from a “hold” rating to a “buy” rating in a report on Wednesday, October 31st. Bank of America lowered shares of Advanced Disposal Services from a “buy” rating to a “neutral” rating and set a $27.00 price target on the stock. in a report on Wednesday, October 24th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered shares of Advanced Disposal Services from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $27.67.

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Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.

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Institutional Ownership by Quarter for Advanced Disposal Services (NYSE:ADSW)

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