Waste Connections Ownership
| WCN Stock | USD 178.78 1.14 0.64% |
Shares in Circulation | First Issued 1998-03-31 | Previous Quarter 258.6 M | Current Value 258.8 M | Avarage Shares Outstanding 190.2 M | Quarterly Volatility 56.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Waste |
Waste Stock Ownership Analysis
About 91.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.09. Waste Connections last dividend was issued on the 7th of November 2024. The entity had 3:2 split on the 19th of June 2017. Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada. Waste Connections operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 19998 people. For more information please call Worthing Jackman at 905 532 7510 or visit https://www.wasteconnections.com.Besides selling stocks to institutional investors, Waste Connections also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Waste Connections' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Waste Connections' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Waste Connections Quarterly Liabilities And Stockholders Equity |
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Waste Connections Insider Trades History
Less than 1% of Waste Connections are currently held by insiders. Unlike Waste Connections' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Waste Connections' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Waste Connections' insider trades
Waste Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Waste Connections is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Waste Connections backward and forwards among themselves. Waste Connections' institutional investor refers to the entity that pools money to purchase Waste Connections' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fidelity International Ltd | 2024-06-30 | 4.5 M | Norges Bank | 2024-06-30 | 4 M | Wellington Management Company Llp | 2024-06-30 | 3.8 M | 1832 Asset Management L.p | 2024-06-30 | 3.7 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | Td Asset Management Inc | 2024-09-30 | 3.6 M | Jpmorgan Chase & Co | 2024-06-30 | 3.4 M | Mackenzie Investments | 2024-06-30 | 3.3 M | Alphinity Investment Management Pty Ltd | 2024-06-30 | 2.9 M | Vanguard Group Inc | 2024-06-30 | 28.9 M | T. Rowe Price Investment Management,inc. | 2024-06-30 | 12.4 M |
Waste Connections Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Waste Connections insiders, such as employees or executives, is commonly permitted as long as it does not rely on Waste Connections' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Waste Connections insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Waste Connections' latest congressional trading
Congressional trading in companies like Waste Connections, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Waste Connections by those in governmental positions are based on the same information available to the general public.
| 2016-07-08 | Senator Susan M Collins | Acquired $15K to $50K | Verify | ||
| 2016-07-07 | Senator Susan M Collins | Acquired $15K to $50K | Verify |
Waste Connections Outstanding Bonds
Waste Connections issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Waste Connections uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Waste bonds can be classified according to their maturity, which is the date when Waste Connections has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Waste Connections Corporate Filings
10Q | 24th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 11th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 5th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Pair Trading with Waste Connections
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Connections position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Connections will appreciate offsetting losses from the drop in the long position's value.Moving against Waste Stock
The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Connections - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Connections to buy it.
The correlation of Waste Connections is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Connections can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.339 | Dividend Share 1.14 | Earnings Share 3.66 | Revenue Per Share 33.72 | Quarterly Revenue Growth 0.133 |
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.