Follow The 13GDs: Wmih Corp Has Another Bullish Trade, Appaloosa Lp Bought Stake!

Follow The 13GDs: Wmih Corp Has Another Bullish Trade, Appaloosa Lp Bought Stake!

The New Appaloosa Lp Holding in Wmih Corp

Appaloosa Lp filed with the SEC SC 13G/A form for Wmih Corp. The form can be accessed here: 000090571816001691. As reported in Appaloosa Lp’s form, the filler as of late owns 3.7% or 7,600,000 shares of the Industrials–company.

Wmih Corp stake is a new one for the and it was filed because of activity on October5, 2016. We feel this shows Appaloosa Lp’s positive view for the stock.

Wmih Corp Institutional Sentiment

Latest Security and Exchange filings show 770 investors own Wmih Corp. The institutional ownership in Q3 2015 is extremely high, at 81.27% of the outstanding shares. This is increased by 8236942 the total institutional shares. 359461969 were the shares owned by these institutional investors. In total 100 funds opened new Wmih Corp stakes, 278 increased stakes. There were 51 that closed positions and 275 reduced them.

17 managers had the stock in their top Ten. Notable investors are: Lvm Capital Management Ltd Mi, Bill & Melinda Gates Foundation Trust, Pineno Levin & Ford Asset Management Inc., Trishield Capital Management Llc, Greywolf Capital Management Lp, Tipp Hill Capital Management Llc, Aspen Investment Management Inc, Westchester Capital Management Inc., Agf Investments Inc., Capital Innovations Llc..

Boston Research & Management Inc is an institutional investor bullish on Wmih Corp, owning 57289 shares as of Q3 2015 for 1.88% of its portfolio. Bp Wealth Management Llc owns 55162 shares or 0.11% of its portfolio. PA Berkshire Asset Management Llc have 2.24% of their stock portfolio for 252003 shares. Further, Birch Hill Investment Advisors Llc reported stake worth 0.10% of its US stock portfolio. The TX Avalon Advisors Llc owns 211214 shares. Wmih Corp is 0.46% of the manager’s US portfolio.

Business Profile

Waste Management, Inc. is a holding company. The Company provides waste management environmental services. The Company’s segments include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, it also develops, operates and owns landfill gas-to-energy facilities in the United States. It owns or operates approximately 250 landfill sites, which is the network of landfills in North America. It also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The Company, as a recycler in North America, handles materials that include paper, cardboard, glass, plastic and metal.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment increased to 1.13 in Q2 2016. Its up 0.11, from 1.02 in 2016Q1. The ratio is positive, as 42 funds sold all Waste Management, Inc. shares owned while 276 reduced positions. 71 funds bought stakes while 287 increased positions. They now own 327.80 million shares or 3.03% less from 338.05 million shares in 2016Q1.

Moreover, Fuller And Thaler Asset Mgmt has 0% invested in Waste Management, Inc. (NYSE:WM) for 2,600 shares. The Rhode Island-based Endurance Wealth Management Inc has invested 0% in Waste Management, Inc. (NYSE:WM). Cetera Advisors Ltd reported 17,297 shares or 0.09% of all its holdings. Meeder Asset Mngmt Inc last reported 10,387 shares in the company. Korea Invest Corporation holds 0.35% of its portfolio in Waste Management, Inc. (NYSE:WM) for 882,000 shares. Old National Commercial Bank In has invested 0.1% of its portfolio in Waste Management, Inc. (NYSE:WM). Peapack Gladstone Fincl Corp holds 0% or 190,360 shares in its portfolio. Haverford Financial Svcs accumulated 6,130 shares or 0.17% of the stock. Moreover, Hartline Inv Corporation has 0.41% invested in Waste Management, Inc. (NYSE:WM) for 17,205 shares. Ing Groep Nv owns 10,427 shares or 0.01% of their US portfolio. The Missouri-based Tiaa Cref Fsb Mo has invested 0.01% in Waste Management, Inc. (NYSE:WM). First Hawaiian Comml Bank holds 3,300 shares or 0.04% of its portfolio. Woodley Farra Manion Port Mgmt Incorporated accumulated 0.56% or 55,111 shares. Cibc Asset Mngmt holds 0.02% or 49,086 shares in its portfolio. Addison Capital Communications accumulated 29,191 shares or 1.75% of the stock.

Insider Transactions: Since May 2, 2016, the stock had 0 buys, and 20 insider sales for $18.08 million net activity. 15,234 shares were sold by CALDWELL BARRY H, worth $944,508. 23,565 shares were sold by Bhasin Puneet, worth $1.40M. The insider Fish James C Jr sold 33,708 shares worth $2.22 million. $61 worth of Waste Management, Inc. (NYSE:WM) was sold by Schwartz Mark E.. The insider Morris John J sold 12,738 shares worth $850,318. On Wednesday, August 3 TREVATHAN JAMES E JR sold $66 worth of the stock or 1 shares. Harris Jeff M had sold 62,927 shares worth $3.78M on Wednesday, May 4.

Analysts await Waste Management, Inc. (NYSE:WM) to report earnings on October, 25. They expect $0.80 EPS, up 8.11% or $0.06 from last year’s $0.74 per share. WM’s profit will be $356.05M for 19.28 P/E if the $0.80 EPS becomes a reality. After $0.74 actual EPS reported by Waste Management, Inc. for the previous quarter, Wall Street now forecasts 8.11% EPS growth.

The stock decreased 1.78% or $1.12 during the last trading session, hitting $61.7. About 2.57 million shares traded hands or 10.78% up from the average. Waste Management, Inc. (NYSE:WM) has risen 8.93% since March 10, 2016 and is uptrending. It has outperformed by 1.41% the S&P500.

Waste Management, Inc. is a holding company. The company has a market cap of $27.46 billion. The Firm provides waste management environmental services. It has a 24.08 P/E ratio. The Company’s divisions include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other.

Waste Management, Inc. (NYSE:WM) Ratings Coverage

Out of 11 analysts covering Waste Management Inc. (NYSE:WM), 4 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 36% are positive. $71 is the highest target while $58 is the lowest. The $66.67 average target is 8.06% above today’s ($61.7) stock price. Waste Management Inc. has been the topic of 18 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Waste Management, Inc. (NYSE:WM) has “Overweight” rating given on Tuesday, August 9 by KeyBanc Capital Markets. The stock of Waste Management, Inc. (NYSE:WM) has “Outperform” rating given on Friday, April 29 by Wedbush. Barclays Capital initiated Waste Management, Inc. (NYSE:WM) on Thursday, October 22 with “Overweight” rating. Argus Research maintained the shares of WM in a report on Thursday, November 5 with “Buy” rating. The firm earned “Neutral” rating on Thursday, October 13 by Wedbush. The company was upgraded on Tuesday, July 28 by Argus Research. The rating was initiated by Macquarie Research with “Neutral” on Friday, August 26. As per Tuesday, March 22, the company rating was initiated by Sterne Agee CRT. The firm has “In-Line” rating by Imperial Capital given on Friday, February 19. The stock of Waste Management, Inc. (NYSE:WM) has “Outperform” rating given on Friday, November 6 by Credit Suisse.

More news for Waste Management, Inc. (NYSE:WM) were recently published by: 247Wallst.com, which released: “Top Analyst Upgrades and Downgrades: Charles Schwab, Merck, Nokia, Viacom …” on October 13, 2016. Benzinga.com‘s article titled: “Benzinga’s Top Downgrades” and published on October 13, 2016 is yet another important article.

According to Zacks Investment Research, “Waste Management Inc. provides integrated waste management services in North America and internationally. In North America, the company provides solid waste management services including collection, transfer, recycling and resource recovery services, and disposal services. Included in its international operations is the collection and transportation of solid, hazardous and medical wastes and recyclable materials and the treatment and disposal of recyclable materials.”

WM Company Profile

Waste Management, Inc., incorporated on April 28, 1995, is a holding company. The Firm provides waste management environmental services. The Company’s divisions include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company’s Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, it also develops, operates and owns landfill gas-to-energy facilities in the United States. It owns or operates approximately 250 landfill sites, which is the network of landfills in North America. It also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The Company, as a recycler in North America, handles materials that include paper, cardboard, glass, plastic and metal. It provides recycling programs for municipalities, businesses and households across the United States and Canada, as well as other services. It owns or operates approximately 300 transfer stations in North America.

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