Waste Management, Inc. (NYSE:WM) is expected to pay $0.41 on Dec 16, 2016. The indicated annual dividend is $1.64. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Waste Management, Inc.’s current price of $70.23, the dividend is 0.58%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 11, 2016. The stock increased 0.29% or $0.2 during the last trading session, hitting $70.23. Waste Management, Inc. (NYSE:WM) has risen 24.23% since April 26, 2016 and is uptrending. It has outperformed by 18.98% the S&P500.
Waste Management, Inc. is a holding company. The company has a market cap of $31.26 billion. The Firm provides waste management environmental services. It has a 28.09 P/E ratio. The Company’s divisions include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other.
Insitutional Activity: The institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.06, from 1.13 in 2016Q1. The ratio improved, 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.
State Of Tennessee Treasury Department last reported 301,549 shares in the company. Advantus holds 40,423 shares or 0.07% of its portfolio. Roof Eidam Maycock Adv holds 0.97% or 27,861 shares in its portfolio. Cullen Frost Bankers, a Texas-based fund reported 6,226 shares. Osborn Rohs Williams & Donohoe Ltd holds 0.12% of its portfolio in Waste Management, Inc. (NYSE:WM) for 9,270 shares. Brighton Jones Lc holds 0.07% or 6,237 shares in its portfolio. Reliance Of Delaware has invested 0.14% of its portfolio in Waste Management, Inc. (NYSE:WM). Regions accumulated 1.18M shares or 1.01% of the stock. Gateway Invest Advisers Ltd Co last reported 461,319 shares in the company. Brown Advisory has invested 0.01% of its portfolio in Waste Management, Inc. (NYSE:WM). Strategy Asset Managers Ltd holds 19,214 shares or 0.29% of its portfolio. Everence Management accumulated 8,340 shares or 0.17% of the stock. Cornerstone Advsr holds 0.15% of its portfolio in Waste Management, Inc. (NYSE:WM) for 9,100 shares. State Treasurer State Of Michigan owns 143,518 shares or 0.07% of their US portfolio. Vsr Fin Ser last reported 10,175 shares in the company.
Insider Transactions: Since July 15, 2016, the stock had 0 buys, and 13 insider sales for $10.79 million net activity. $32,388 worth of Waste Management, Inc. (NYSE:WM) was sold by GROSS PATRICK W on Friday, July 15. CLARK FRANK M sold $30,178 worth of Waste Management, Inc. (NYSE:WM) on Friday, July 15. The insider REUM W ROBERT sold $52,107. $739,493 worth of Waste Management, Inc. (NYSE:WM) was sold by Bhasin Puneet. On Friday, July 29 Carpenter Don P sold $108,051 worth of the stock or 1,634 shares. The insider Schwartz Mark E. sold $4.64M. Shares for $2.22 million were sold by Fish James C Jr on Friday, August 5.
Waste Management, Inc. (NYSE:WM) Ratings Coverage
Out of 12 analysts covering Waste Management Inc. (NYSE:WM), 6 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 50% are positive. Waste Management Inc. has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Sterne Agee CRT initiated the stock with “Neutral” rating in Tuesday, March 22 report. As per Friday, November 6, the company rating was initiated by Credit Suisse. Bank of America upgraded Waste Management, Inc. (NYSE:WM) on Monday, October 31 to “Buy” rating. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Tuesday, August 9. The firm has “Neutral” rating given on Thursday, December 17 by JP Morgan. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, October 21. The rating was upgraded by Barclays Capital on Monday, November 7 to “Overweight”. The firm has “Neutral” rating by Bank of America given on Monday, April 25. Wedbush downgraded Waste Management, Inc. (NYSE:WM) on Thursday, October 13 to “Neutral” rating. The stock of Waste Management, Inc. (NYSE:WM) earned “Sell” rating by Goldman Sachs on Tuesday, November 1.
More notable recent Waste Management, Inc. (NYSE:WM) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Waste Management, Herman Miller and Exponent” on November 28, 2016, also Fool.com with their article: “More Trash Equals More Cash for Waste Management, Inc.” published on November 04, 2016, Wsj.com published: “Waste Management Names James Fish CEO” on November 11, 2016. More interesting news about Waste Management, Inc. (NYSE:WM) were released by: Seekingalpha.com and their article: “Waste Management Inc. Looks Good For The Long Term” published on November 28, 2016 as well as Prnewswire.com‘s news article titled: “Empire Diversified Energy Announces Master Services Agreement with Waste …” with publication date: November 16, 2016.
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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