<div id="readability-page-1"><p>MUFG Securities EMEA plc purchased a new position in  Waste Connections, Inc. (NYSE:WCN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor  purchased 90,000 shares of the business services provider's stock, valued at approximately $15,788,000.</p><div><p><span></span><span>Get <strong>Waste Connections</strong> alerts:</span></p></div><ul><li>Waste Management: Is it a good use of your time?</li></ul><p>Several other hedge funds have also recently modified their holdings of WCN. Integrated Wealth Concepts LLC purchased a new stake in shares of  Waste Connections in the 1st quarter worth approximately $577,000.  Invesco Ltd. lifted its position in shares of  Waste Connections by 12.8% in the 2nd quarter. Invesco Ltd. now owns 219,290 shares of the business services provider's stock worth $40,946,000 after purchasing an additional 24,948 shares during the period.  First Trust Advisors LP lifted its position in shares of  Waste Connections by 2.9% in the 2nd quarter. First Trust Advisors LP now owns 24,463 shares of the business services provider's stock worth $4,572,000 after purchasing an additional 688 shares during the period.  Jump Financial LLC purchased a new stake in shares of  Waste Connections in the 2nd quarter worth approximately $2,714,000.  Finally, State Street Corp lifted its position in shares of  Waste Connections by 1.0% in the 2nd quarter. State Street Corp now owns 1,808,631 shares of the business services provider's stock worth $337,708,000 after purchasing an additional 17,197 shares during the period. Hedge funds and other institutional investors own  86.09% of the company's stock. </p><h2>Waste Connections Stock Performance</h2><p>Shares of NYSE WCN opened at $149.13 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.13. Waste Connections, Inc. has a 12 month low of $148.84 and a 12 month high of $197.35. The company has a 50 day simple moving average of $158.96 and a two-hundred day simple moving average of $166.29. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 2.65 and a beta of 0.55. </p><ul><li>The 10 Top-Rated Stocks by Wall Street Analysts in August 2021</li></ul><p>Waste Connections (NYSE:WCN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $1.23 EPS for the quarter, beating the consensus estimate of $1.19 by $0.04. Waste Connections had a net margin of 10.97% and a return on equity of 16.49%. The business had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the previous year, the business posted $1.13 EPS. The business's quarterly revenue was up 6.4% compared to the same quarter last year.  As a group, analysts predict that  Waste Connections, Inc. will post 5.5 earnings per share for the current year. </p><h2>Waste Connections Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 6th were paid a dividend of $0.35 per share. The ex-dividend date was Wednesday, May 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.9%. Waste Connections's dividend payout ratio (DPR) is presently 34.15%. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research analysts have recently issued reports on the stock. Scotiabank  set a $197.00 price objective on shares of Waste Connections and gave the stock a &#34;sector outperform&#34; rating in a research report on Friday, February 13th. Royal Bank Of Canada  reiterated an &#34;outperform&#34; rating and set a $218.00 price objective (up from $210.00) on shares of Waste Connections in a research note on Friday, April 24th. Stifel Nicolaus  set a $213.00 price objective on shares of Waste Connections and gave the stock a &#34;buy&#34; rating in a research note on Friday, February 13th. JPMorgan Chase &amp; Co. boosted their price objective on shares of Waste Connections from $195.00 to $210.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, April 24th. Finally, Barclays  set a $180.00 price objective on shares of Waste Connections and gave the stock an &#34;equal weight&#34; rating in a research note on Tuesday, April 28th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned  a Buy rating and four have assigned  a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Buy&#34; and a consensus price target of $203.35.</p><p><b>Read Our Latest Report on Waste Connections</b></p><h2>Insider Buying and Selling at Waste Connections</h2><p>In related news, CEO Ronald J. Mittelstaedt acquired 50,000 shares of Waste Connections stock in a transaction on Tuesday, May 12th. The stock was acquired at an average price of $152.24 per share, for a total transaction of $7,612,000.00. Following the purchase, the chief executive officer owned 301,017 shares of the company's stock, valued at approximately $45,826,828.08. This represents a 19.92% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP James Little sold 2,605 shares of Waste Connections stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $163.98, for a total value of $427,167.90. Following the transaction, the vice president owned 34,395 shares of the company's stock, valued at $5,640,092.10. The trade was a 7.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own  0.27% of the company's stock. </p><h2>Waste Connections Profile</h2> (Free Report)<p>Waste Connections <span>NYSE: WCN<span></span></span> is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.  </p><p>The company's operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Waste Connections</li><li>Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem</li><li>These 3 Software Stocks Are Buying Back Shares Hand Over Fist</li><li>Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%</li><li>MongoDB's AI Advantage Is Starting to Show Up in Results</li></ul><p><strong>Want to see what other hedge funds are holding WCN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Connections, Inc. (NYSE:WCN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdDTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdDTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Waste Connections Right Now?</h2><p>Before you consider Waste Connections, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Connections wasn't on the list.</p><p>While Waste Connections currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>MUFG Securities EMEA plc initiated a new $15.79 million position in Waste Connections (WCN) during Q4, purchasing 90,000 shares. This follows recent activity by other institutional investors like Invesco and State Street Corp, who increased their stakes. Meanwhile, analysts maintain a consensus 'Buy' rating with an average price target of $203.35, citing strong quarterly earnings that beat estimates.</p>

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MUFG Securities EMEA plc Invests $15.79 Million in Waste Connections, Inc. $WCN