C WorldWide Group Holding A S Decreases Holdings in Republic Services, Inc. $RSG

C WorldWide Group Holding A S trimmed its position in Republic Services, Inc. (NYSE:RSG) by 16.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 676,769 shares of the business services provider’s stock after selling 131,888 shares during the period. Republic Services makes up approximately 2.4% of C WorldWide Group Holding A S’s holdings, making the stock its 17th biggest holding. C WorldWide Group Holding A S owned 0.22% of Republic Services worth $155,305,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RSG. Financial Consulate Inc. purchased a new position in shares of Republic Services in the 3rd quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Republic Services by 121.8% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. NewSquare Capital LLC raised its holdings in shares of Republic Services by 68.5% in the second quarter. NewSquare Capital LLC now owns 123 shares of the business services provider’s stock worth $30,000 after buying an additional 50 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Republic Services during the second quarter worth $33,000. Finally, Westside Investment Management Inc. grew its holdings in shares of Republic Services by 100.0% during the third quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock valued at $39,000 after buying an additional 86 shares during the last quarter. Institutional investors and hedge funds own 57.73% of the company’s stock.

Insider Buying and Selling at Republic Services

In other Republic Services news, Director Katharine Weymouth purchased 478 shares of Republic Services stock in a transaction that occurred on Tuesday, December 9th. The stock was bought at an average price of $209.46 per share, with a total value of $100,121.88. Following the acquisition, the director owned 5,740 shares of the company’s stock, valued at $1,202,300.40. This trade represents a 9.08% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.11% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on the company. Sanford C. Bernstein lifted their price target on Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Robert W. Baird set a $240.00 target price on Republic Services in a research report on Friday, October 31st. Raymond James Financial reissued an “outperform” rating and set a $240.00 price target on shares of Republic Services in a research report on Friday, October 31st. Wells Fargo & Company assumed coverage on shares of Republic Services in a report on Thursday, November 13th. They issued an “overweight” rating and a $238.00 price objective on the stock. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Republic Services in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $248.82.

Republic Services Price Performance

NYSE:RSG opened at $218.03 on Thursday. The company has a 50 day moving average price of $213.41 and a 200-day moving average price of $221.33. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75. The firm has a market cap of $67.49 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 3.49 and a beta of 0.54. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.58 and a quick ratio of 0.58.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.