Thrivent Financial for Lutherans raised its position in Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) by 47.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 203,483 shares of the construction company’s stock after buying an additional 65,768 shares during the quarter. Thrivent Financial for Lutherans owned about 0.26% of Advanced Drainage Systems worth $29,471,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of WMS. Wellington Management Group LLP increased its holdings in Advanced Drainage Systems by 234.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,188,906 shares of the construction company’s stock valued at $164,901,000 after buying an additional 832,929 shares during the period. Interval Partners LP grew its holdings in shares of Advanced Drainage Systems by 98.0% during the 3rd quarter. Interval Partners LP now owns 968,534 shares of the construction company’s stock valued at $134,336,000 after purchasing an additional 479,413 shares during the last quarter. SG Capital Management LLC bought a new stake in shares of Advanced Drainage Systems during the 3rd quarter valued at approximately $45,591,000. Franklin Resources Inc. grew its holdings in shares of Advanced Drainage Systems by 586.9% during the 3rd quarter. Franklin Resources Inc. now owns 285,810 shares of the construction company’s stock valued at $39,642,000 after purchasing an additional 244,202 shares during the last quarter. Finally, Capital International Investors grew its holdings in shares of Advanced Drainage Systems by 34.9% during the 3rd quarter. Capital International Investors now owns 933,851 shares of the construction company’s stock valued at $129,525,000 after purchasing an additional 241,500 shares during the last quarter. 89.83% of the stock is owned by institutional investors.
Advanced Drainage Systems Stock Up 0.0%
NYSE:WMS opened at $135.66 on Monday. The firm’s 50 day simple moving average is $143.63 and its 200 day simple moving average is $150.33. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.12 and a quick ratio of 3.08. Advanced Drainage Systems, Inc. has a one year low of $105.14 and a one year high of $179.32. The company has a market cap of $10.57 billion, a PE ratio of 22.57, a P/E/G ratio of 1.42 and a beta of 1.33.
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Advanced Drainage Systems Profile
Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.
The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.
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