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Weber Alan W Lowered Casella Waste Systems Cl A (CWST) Holding by $570,000 as Stock Value Rose; As Trex Co (TREX) Shares Declined, Morgan Stanley Has Boosted Position

Morgan Stanley increased its stake in Trex Co Inc (TREX) by 7.62% based on its latest 2017Q3 regulatory filing with the SEC. Morgan Stanley bought 11,762 shares as the company’s stock declined 9.07% while stock markets rallied. The institutional investor held 166,020 shares of the basic industries company at the end of 2017Q3, valued at $14.95M, up from 154,258 at the end of the previous reported quarter. Morgan Stanley who had been investing in Trex Co Inc for a number of months, seems to be bullish on the $3.45B market cap company. The stock increased 0.36% or $0.42 during the last trading session, reaching $117.21. About 166,092 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since January 13, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Weber Alan W decreased its stake in Casella Waste Systems Inc Cl A (CWST) by 46.15% based on its latest 2017Q3 regulatory filing with the SEC. Weber Alan W sold 30,000 shares as the company’s stock rose 20.74% with the market. The institutional investor held 35,000 shares of the public utilities company at the end of 2017Q3, valued at $665,000, down from 65,000 at the end of the previous reported quarter. Weber Alan W who had been investing in Casella Waste Systems Inc Cl A for a number of months, seems to be less bullish one the $998.54M market cap company. The stock increased 1.06% or $0.25 during the last trading session, reaching $23.75. About 143,450 shares traded. Casella Waste Systems, Inc. (NASDAQ:CWST) has risen 99.42% since January 13, 2017 and is uptrending. It has outperformed by 82.72% the S&P500.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. FBR Capital maintained it with “Mkt Perform” rating and $69 target in Tuesday, February 28 report. FBR Capital upgraded Trex Company, Inc. (NYSE:TREX) on Wednesday, January 3 to “Buy” rating. Stifel Nicolaus maintained it with “Hold” rating and $58 target in Wednesday, November 9 report. Seaport Global maintained Trex Company, Inc. (NYSE:TREX) on Thursday, January 11 with “Buy” rating. Stifel Nicolaus maintained Trex Company, Inc. (NYSE:TREX) rating on Thursday, July 13. Stifel Nicolaus has “Hold” rating and $7000 target. The firm earned “Buy” rating on Thursday, June 1 by Seaport Global. On Thursday, September 24 the stock rating was upgraded by Wedbush to “Outperform”. The stock of Trex Company, Inc. (NYSE:TREX) has “Neutral” rating given on Tuesday, November 22 by Seaport Global Securities. The rating was maintained by Stifel Nicolaus on Tuesday, August 1 with “Hold”. The company was downgraded on Wednesday, October 28 by CL King.

Morgan Stanley, which manages about $60.09 billion and $333.86B US Long portfolio, decreased its stake in Direxion Shs Etf Tr (DRN) by 13,432 shares to 390 shares, valued at $9,000 in 2017Q3, according to the filing. It also reduced its holding in State Natl Cos Inc (NASDAQ:SNC) by 129,597 shares in the quarter, leaving it with 94,182 shares, and cut its stake in Powershares Etf Trust Ii (KBWP).

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.11, from 1.24 in 2017Q2. It increased, as 14 investors sold TREX shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Whittier Tru Of Nevada reported 192 shares. First Trust Advsr Limited Partnership owns 16,859 shares. Moreover, Raymond James Fincl Svcs Advisors Inc has 0% invested in Trex Company, Inc. (NYSE:TREX). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.01% stake. Oppenheimer Asset Management invested 0.02% of its portfolio in Trex Company, Inc. (NYSE:TREX). Driehaus Cap Management Lc accumulated 8,793 shares. Kornitzer Capital Mgmt Ks holds 0.16% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 101,255 shares. Tower Rech Capital Ltd (Trc) holds 0.01% or 1,959 shares. Voya Inv Llc reported 13,551 shares. Swiss Retail Bank holds 0.01% or 49,200 shares in its portfolio. Eulav Asset Mgmt accumulated 16,000 shares or 0.07% of the stock. Los Angeles Mgmt And Equity Rech owns 5,209 shares or 0% of their US portfolio. Raymond James & accumulated 21,164 shares. Cwm accumulated 0% or 228 shares. Profund Advsrs Ltd Co invested 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX).

Since August 2, 2017, it had 0 insider purchases, and 5 insider sales for $1.15 million activity. MERLOTTI FRANK H JR sold $158,457 worth of stock. On Friday, August 4 Posey Richard E sold $253,360 worth of Trex Company, Inc. (NYSE:TREX) or 3,167 shares. Shares for $312,392 were sold by Gerhard Christopher Paul on Thursday, August 3. Gupp William R. also sold $270,131 worth of Trex Company, Inc. (NYSE:TREX) shares.

Among 8 analysts covering Casella Waste Systems Inc. (NASDAQ:CWST), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Casella Waste Systems Inc. had 16 analyst reports since August 21, 2015 according to SRatingsIntel. The firm earned “Strong Buy” rating on Tuesday, January 26 by Raymond James. The firm has “Hold” rating given on Thursday, January 4 by Stifel Nicolaus. The firm has “Hold” rating given on Friday, November 3 by Stifel Nicolaus. As per Monday, August 28, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Wedbush with “Neutral” on Monday, November 7. The rating was maintained by First Analysis on Friday, June 17 with “Overweight”. As per Friday, December 9, the company rating was downgraded by First Analysis. The stock of Casella Waste Systems, Inc. (NASDAQ:CWST) has “Buy” rating given on Thursday, September 3 by Zacks. The stock of Casella Waste Systems, Inc. (NASDAQ:CWST) earned “Buy” rating by Zacks on Wednesday, August 19. The company was upgraded on Monday, May 9 by Stifel Nicolaus.

Analysts await Casella Waste Systems, Inc. (NASDAQ:CWST) to report earnings on March, 7. They expect $0.09 EPS, up 80.00% or $0.04 from last year’s $0.05 per share. CWST’s profit will be $3.78 million for 65.97 P/E if the $0.09 EPS becomes a reality. After $0.30 actual EPS reported by Casella Waste Systems, Inc. for the previous quarter, Wall Street now forecasts -70.00% negative EPS growth.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.33, from 1.31 in 2017Q2. It turned negative, as 22 investors sold CWST shares while 38 reduced holdings. 18 funds opened positions while 41 raised stakes. 32.45 million shares or 1.47% more from 31.97 million shares in 2017Q2 were reported. Parametric Portfolio Associate Ltd invested 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Bancorp Of Nova Scotia holds 0% or 11,291 shares in its portfolio. Pdt Prtnrs Ltd Com reported 63,852 shares. Acadian Asset Ltd stated it has 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Connor Clark Lunn Limited has 0% invested in Casella Waste Systems, Inc. (NASDAQ:CWST) for 28,851 shares. Hillsdale Inv Management reported 0.23% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Suffolk Management Ltd Liability Com has invested 0.2% in Casella Waste Systems, Inc. (NASDAQ:CWST). Raymond James Finance Svcs Advisors Inc invested 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Moreover, Wells Fargo Com Mn has 0% invested in Casella Waste Systems, Inc. (NASDAQ:CWST). Tygh Mgmt Incorporated reported 385,652 shares stake. California State Teachers Retirement Sys holds 0% or 62,685 shares. Credit Suisse Ag reported 0% in Casella Waste Systems, Inc. (NASDAQ:CWST). Legal & General Public Limited Company holds 0% or 11,228 shares. 22,942 were accumulated by State Board Of Administration Of Florida Retirement System. Century Companies holds 75,022 shares.

Weber Alan W, which manages about $212.72M US Long portfolio, upped its stake in Shiloh Industries Inc (NASDAQ:SHLO) by 205,000 shares to 501,679 shares, valued at $5.22M in 2017Q3, according to the filing. It also increased its holding in Huttig Building Prods Inc (NASDAQ:HBP) by 281,300 shares in the quarter, for a total of 2.10M shares, and has risen its stake in Entercom Communications Corp (NYSE:ETM).

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