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Swiss National Bank sold 57,900 Waste Management shares; company's Q4 earnings slightly missed estimates.
The Swiss National Bank reduced its stake in Waste Management (WM) by 57,900 shares, leaving it with 1.16 million shares valued at $256 million.
The company reported Q4 earnings of $1.93 per share, slightly below estimates, with revenue of $6.31 billion, up 7.1% year-over-year.
Insiders sold 93,527 shares in 90 days, totaling $21.9 million.
WM’s stock closed at $246.66, near its 1-year high of $248.13, with a market cap of $99.49 billion, a 1.5% dividend yield, and a “Moderate Buy” analyst rating.
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El Banco Nacional Suizo vendió 57.900 acciones de Waste Management; las ganancias del cuarto trimestre de la compañía no alcanzaron las estimaciones.