Rhumbline Advisers reduced its stake in Waste Management, Inc. (NYSE:WM) by 0.6% during the third quarter, selling 4,573 shares and retaining 758,080 shares valued at $167.4 million. Several other institutional investors also adjusted their holdings in WM, with some increasing and others decreasing their positions. Waste Management’s stock opened at $234.36, has a market cap of $94.53 billion, and recently reported quarterly earnings of $1.93 per share, missing consensus estimates.
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Waste Management, Inc. $WM Shares Sold by Rhumbline Advisers
Rhumbline Advisers reduced its stake in Waste Management, Inc. (NYSE:WM) by 0.6% during the third quarter, selling 4,573 shares and retaining 758,080 shares valued at $167.4 million. Several other institutional investors also adjusted their holdings in WM, with some increasing and others decreasing their positions. Waste Management’s stock opened at $234.36, has a market cap of $94.53 billion, and recently reported quarterly earnings of $1.93 per share, missing consensus estimates.