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flag City Holding Co. boosted its Waste Management stake to $11.55 million, as WM posted strong earnings and raised revenue.

flag City Holding Co. increased its stake in Waste Management (WM) by 3.2% in Q2, now holding 50,492 shares worth $11.55 million, making it the 11th largest holding. flag The company reported strong Q2 earnings of $1.92 EPS, beating estimates by $0.03, with $6.43 billion in revenue, up 19% year-over-year. flag Waste Management, which operates in the U.S. and Canada, pays a $0.825 quarterly dividend, yielding 1.5%, and has a market cap of $88.12 billion. flag Analysts rate the stock a “Moderate Buy” with a $255.17 target.

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